Specialty insurer ProAssurance has reached an agreement to purchase Eastern Insurance Holdings (EIHI), for $24.50 per share in an all-cash transaction valued at nearly $205m. Under the terms of the agreement, which is likely to conclude ...
Tags: Proassurance, Eastern Insurance
Berkshire Hathaway's Shaw Industries Group, Inc. will invest at least $40 million and hire more than 25 new associates in South Pittsburg, Tenn., to meet the growing demand for its Epic? engineered flooring product. "Marion County could ...
Tags: rug, Textile, flooring rug
Unilever, an Anglo-Dutch multinational consumer goods company, is set to invest $108.7m to expand operations at its ice cream facility in Covington, West Tennessee, creating 428 new jobs over the next four years. The project involves ...
Tags: Agriculture, Ice Cream
NICA is expanding its high school mountain bike racing league into Georgia. The Peach State joins nine other NICA leagues — Southern California, Northern California, Colorado, Utah, Texas, New York, Minnesota, Arizona and Tennessee. ...
Tags: Transportation, bike
US-based AngioDynamics' distribution partner Medcomp has obtained an approval from Health Canada for the Celerity tip location system for peripherally inserted central catheters (PICC). The ECG-based PICC tip confirmation technology ...
ConAgra Foods is recalling PF Chang's Home Menu Pork and Leek Dumpling frozen appetizer, as the product may contain crustacean shellfish (shrimp) and fish (pollock), which are not mentioned on the labeling. Recalled product includes ...
Tags: Agriculture, Food, shellfish
Bridgestone is a global leader in the tyre industry. Members of the Bridgestone Group supply a vast range of tyres in the Americas, in Europe, in Japan, in every region on the planet. Customer expectations of tyre performance vary greatly ...
Tags: Tyres, Auto Parts, Bridgestone
A new report finds that the implementation of advanced manufacturing in the American South could help the region realize its economic potential and make a vital contribution to an industry-led strategy for a revival in U.S. economic ...
Tags: economy
When I was a kid, my mother used to say: "No one wants to hear you blow your own horn." "But if I don't, who will?" I'd say to her. Okay, maybe I was an obnoxious kid. But perhaps its time for warehousing, distribution and supply chain ...
Tags: Materials Handling
Answer Financial, a US-based independent personal lines agency operations, has entered into a new partnership agreement to launch Grange Insurance products to its insurance shopping platform which comprises over 20 brand choices. The ...
Chattanooga, Tennessee is home to one of the nation's largest and deepest waterfalls that is open to public viewing. By itself, Ruby Falls is amazing, however the addition of a laser light and sound performance?upgrades the natural ...
It's reported that Alcoa announced that its expansion plan at its Tennessee works is expected to be completed in mid-2015. Once it's completed, there will be 200 new jobs in the works. Klaus Kleinfeld, the CEO of Alcoa said that more and ...
Tags: Construction
Molecular diagnostic company Myriad Genetics has launched myRisk Hereditary Cancer, a new multi-gene diagnostic test for hereditary cancer testing. The new test analyses 25 genes that are associated with breast, colorectal, ovarian, ...
Tags: Multi-Gene Test, Medicine
Cains Foods has initiated a recall of 2,273 six-pack cases of 16 oz. Olde Cape Cod Chipotle Ranch dressing, as they contain milk, which is not mentioned on the label. Consumers intolerant to milk and egg are at the risk of a serious or ...
Japanese auto-parts maker Akebono Brake is planning to invest JPY10bn ($100.6m) by 2014 to expand its operations in North America. About JPY7bn ($70.4m) of the total investment will be spent in 2013, followed by JPY3bn ($30.2m) next year. ...
Tags: Auto-Parts, Akebono Brake