Think of textile manufacturing in the South and you may picture cotton mills in North Carolina. In Chattanooga, Tennessee, the industry includes something very different: ESpin Technologies, a 19-employee outfit that makes nanofibers–filaments of polyester, nylon or other polymers that are only 20 to 200 nanometers wide. To perfect the design of a filter, ESpin got computational engineers at the Sim-Center at the University of Tennessee at Chattanooga to model thousands of air-and liquid-flow variables.
‘News’
Forbes Magazine says Technology Makes Chattanooga a Great Place for Business
Thursday, June 18th, 2009Volkswagen Group of America Announces Start of Construction for Paint Shop
Wednesday, June 17th, 2009Volkswagen announced that construction is set to begin on the paint facility for its Chattanooga plant. The company also announced that Walbridge has been selected as the general contractor for the $30 million facility, and will oversee construction for one of the three primary plant buildings. This $30 million is the first major portion of the company’s $1 billion investment in the new plant.
Chattanooga Among National Geographic’s 50Next Great Towns
Tuesday, June 16th, 2009A change of address can bring instant gratification. You could wake up tomorrow in Missoula and kayak off your own deck at dawn, sneak in singletrack at lunch in Chattanooga–or choose your own adventure in any one of the country’s best base camps.
Westinghouse Purchases former Metals USA Site
Monday, June 15th, 2009Herman Walldorf & Co., Inc. Commercial Realtors announces the sale of the former Metals USA site for $3.7 million to Westinghouse. Benjamin Pitts and Virginia Brockman, CCIM, from Herman Walldorf & Co., Inc. represented Metals USA. The 11-acre site with a 64,000 square foot facility in the Centre South Riverport/Industrial Park will house Westinghouse Nuclear Services. The total project cost is $9.45 million. In a related story, Westinghouse Nuclear Services will create 52 new high-value jobs for nuclear engineers and technicians.
Tennessee makes ‘big deal’ Top 10
Wednesday, May 13th, 2009In the time of smaller business inventment nationwide, Tennessee is leading the country in landing the biggest business deals.
Among the 10 biggest business announcements in North America last year, two were in Tennessee, according to the annual report of such deals by Site Selection magazine.
Herman Walldorf & Co., Inc. Completes Sale of Walgreen’s Site in Ft. Oglethorpe
Monday, October 27th, 2008A 20-year old concrete plant at the prominent intersection of Battlefield Parkway and Dietz Road has been purchased by DPGI, LLC. The six-acre site sold for $2.5 million. Concurrently with the acquisition, M & M Development Company of Knoxville purchased a site of 1.4 acres at the intersection to construct the second Walgreen’s in Ft. Oglethorpe.
FedEx plans Shallowford Road facility
Saturday, October 25th, 2008A new FedEx Freight facility nearly double the size of its existing Chattanooga site is planned for a Shallowford Road project. The 19-acre site was sold by agents of Herman Walldorf & Co., Inc. for $2.5 million. The project, estimated at between $5 million and $10 million, will position the company to grow its freight business and work force in the city, said Dennis Beal, FedEx Freight’s vice president of physical assets.
UT Analysis Shows VW to Boost Local Incomes by $511 Million annually
Friday, August 29th, 2008Tennessee Commissioner of Economic and Community Development Matt Kisber today released an analysis of the Volkswagen project in Chattanooga which shows the recently-announced assembly plant will boost incomes in the region by $511.1 million annually and generate more than $55 million annually in new tax revenues for both the state and local governments.
Chattanooga’s Community Events
Monday, August 18th, 2008Here’s this week’s newsletter for Chattanooga!
Chattanooga Among National Geographic’s 50 Next Great Towns
Monday, August 11th, 2008The September 2008 issue of National Geographic’s Adventure magazine includes Chattanooga among the “50 Next Great Towns” for living and playing. “A change of address can bring instant gratification,” the feature article begins. “You could wake up tomorrow in Missoula and kayak off your own deck at down, sneak in singletrack at lunch in Chattanooga or choose your own adventure in any one of the country’s best base camps. But a move is a long-term investment. So this year we selected 50 innovative towns that aren’t just prime relocation spots right now but smart choices for the future.” The salute to Chattanooga is from Cathi Cannon, an athlete and graphic designer, who likes the easy access to off-road racing, camaraderie with other sports enthusiasts and a thriving community. The article includes a photograph of two outdoors buffs carrying their kayaks down the bank of the Tennessee River.
