Business briefs: Krystal marks 80th birthday with deal

Business briefs: Krystal marks 80th birthday with deal

October 24th, 2012 in Business Around the Region

Krystal marks 80th with deal

One of the South's best known fast-food brands celebrates its 80th birthday today with its signature product selling for just a quarter. Krystal Corp., which opened its restaurant on Cherry Street in downtown Chattanooga in 1932, marks its anniversary today by offering Krystal hamburgers for just 25 cents each. The Chattanooga-based restaurant chain is offering Krystals at all of its 350 restaurants, but there are some limits. The discounted Krystal hamburger prices are available only from 11 a.m. to 1 p.m. today and each customer is limited to six Krystals.

Krystal hamburgers originally sold for 5 cents a piece in 1932.

TVA megasites win gold award

A Tennessee Valley Authority program that helped lure Volkswagen to Chattanooga has earned a Gold Award from the International Economic Development Council.

TVA received the top honor for its Megasites certification program, which has helped attract $5.5 billion of new automotive investment with more than 32,000 jobs. IEDC Chairman Jay Moon described TVA's Megasites program as a "phenomenal multiyear community preparedness and 'Megabusiness' success."

The program began in 2004 and used automotive consultant McCallum Sweeney Consulting to help develop and certify 1,000-acre-plus, ready-to-build sites for new auto plants.

NRC OKs change in nuclear plant

The U.S. Nuclear Regulatory Commission has given the Southern Co., permission to change the design of its Vogtle Plant under construction near Augusta, Ga., resolving a conflict over the installation of metal bars.

Southern spokesman Mark Williams said Tuesday that regulators will allow the company to pour sturdier concrete over the bars, bringing the design into compliance with federal rules. Williams said he didn't know how much the change would cost.

Federal inspectors earlier faulted the company for allowing the installation of those bars in what will become the plant's foundation in ways different from in design documents. Officials said the error had "very low safety significance."

The plant is the first to be built from scratch in a generation and is estimated to cost around $14 billion.