published Saturday, December 29th, 2012

Business Briefs: Ruby Falls marks anniversary

Ruby Falls is located on Lookout Mountain.
Ruby Falls is located on Lookout Mountain.
Photo by Tim Barber /Chattanooga Times Free Press.

Ruby Falls marks anniversary

Ruby Falls will mark the 84th anniversary of its discovery on Sunday with discounted $2 tickets for the first 84 guests. Visitors to the Lookout Mountain tourist attraction also will see the falls with 84 candles lit in honor of the special day and all guests will receive a vintage postcard.

Ruby Falls was discovered by Leo Lambert on Dec. 30, 1928. Lambert, along with a small crew, came upon a number of unusual rock formations, flowing passages and several stream beds before he pushed deeper into the cave during his 17-hour journey and found the falls within the mountain. Ruby Falls opened as a tourist attraction in 1930.


Syntech inks deal for 60 jobs

The Walker County Development Authority announced Friday it has finalized a deal with Syntec Industries, LLC to bring another 60 jobs to the company's carpet plant in Lafayette, Ga.

The county is offering 5-year tax breaks to help Syntec to buy about $3 million of equipment for the Probasco Street plant in Lafayettte, which Syntec acquired from the former Color Spectrum operation in 2007. Larry Brooks, county economic development director, said the company will employ 180 workers once the expansion is complete.

The company is the leading supplier of carpet and other market-specific products to manufacturers in the marine, manufactured housing, multifamily housing and recreational vehicle markets.


Salvation Army stays open

The Salvation Army Family Store at 4104 Ringgold Road in East Ridge is staying open until 9 p.m. tonight and until 6 p.m. Monday for those eager to make year-end donations of clothes, furniture, appliances and household goods. Such donations may be counted against 2012 earnings for tax purposes if the gifts are made before the end of the year.


Judge gives nod to settlement

A U.S. District Court judge in California has given preliminary approval to a $1 billion-plus settlement with Toyota Motor Corp. in cases involving unintended acceleration problems in its vehicles.

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