Business Briefs: RJ Young buys Preferred

Business Briefs: RJ Young buys Preferred

January 10th, 2013 by Associated Press in Business Around the Region

RJ Young buys Preferred

RJ Young Co. of Nashville has bought Preferred Computers, a Chattanooga information technology services provider and reseller of computer network hardware and software.

The six Preferred Computers workers will join the 456 employees of the RJ Young, a copier and office products distributer.

Preferred Computers employees will service customers in the region under its name at the RJ Young office and distribution center in at Bonny Oaks Office Park. RJ Young will support Preferred Computers customers with sales, supplies, and backroom office infrastructure.

VW to top market share

A new survey shows that Volkswagen is the favorite to increase global market share over the next five years.

The KPMG survey of global auto executives found that 81 percent of respondents expect gains for VW, up from 70 percent in last year's survey.

"Volkswagen continues to be a powerhouse, with consistent market share gains in the U.S. and abroad," said Gary Silberg, national automotive industry leader for KPMG, about the carmaker that employs about 3,300 people at its Chattanooga assembly plant.