Wednesday, December 04, 2013

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Business

Hardwick Clothes Files Bankruptcy

Hardwick Clothes, Inc. filed a voluntary bankruptcy petition for Chapter 11 reorganization on Monday. The primary cause of the filing was the unexpected action of the Pension Benefit Guaranty Corporation in demanding immediate payment of liabilities related to Hardwick’s terminated pension plan and PBGC’s threat to file a tax lien on Hardwick’s assets if immediate payment is not made. Hardwick is filing Chapter 11 to protect its ... (click for more)

Headline Photo

Photo by Wes Schultz

Senator Bob Corker and Mr. Andreas Havermann of Barku Plastics LLC headlined the grand opening of the Tennessee Chapter -German American Chamber of Commerce’s new office in Chattanooga on Friday. Mr. Havermann is the new Tennessee chapter director.

City Of Chattanooga Earns 'AAA' Bond Rating

Volkswagen Has Second Best November Since 1973

The Berke Administration Monday announced Standard & Poor's Ratings Services upgraded its rating on the city of Chattanooga’s existing general obligation bonds to 'AAA.' This favorable rating was applied to both the long-term rating and underlying rating and was upgraded from the previous ... (click for more)

Volkswagen of America, Inc. Tuesday reported 30,727 units delivered in November and 373,689 units year-to-date. November sales achieved the second highest level since 1973. Adjusted for models in run-out, Volkswagen’s year-to-date pace is on par with the prior year-to-date pace. “Volkswagen ... (click for more)

December 2, 2013

Health Check Brings Equipment, Testing To 4 More TVA Dams

December 2, 2013

Develop CENTS Celebrates Grand Opening

December 2, 2013

Darren Strickland Joins FSG Bank As Assistant Vice President

Visitors to four Tennessee Valley Authority dams in northern Alabama and southern Tennessee can expect to see large pieces of equipment nearby as TVA conducts geotechnical evaluations beginning ... (click for more)

Develop CENTS will celebrate a virtual ribbon cutting ceremony for its grand opening on Tuesday. The Chattanooga Area Chamber of Commerce is coordinating the event. Since forming in ... (click for more)

FSG Bank announced the addition of Darren Strickland as Assistant Vice President, Mortgage Loan Officer. Darren brings with him over 20 years of experience in the mortgage industry. “To ... (click for more)

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