Fillaeur Cos., Inc. is celebrating its 100th birthday today. Chattanooga Mayor Andy Berke will issue a proclamation today declaring it Fillauer Companies Day in honor of the medical equipment maker, which was founded by George W. Fillauer, Sr., as Red Cross Pharmacy on Third Street across from Erlanger Hospital.
In the late 1920’s, Fillauer renamed itself Fillauer Surgical and started its Orthotic and Prosthetic divisions. George Sr.’s sons joined the family business with George W. Fillauer, Jr., a pharmacist who later became president upon his father’s retirement in the 1950’s and Carlton Fillauer, who took over the Orthotic and Prosthetic division of the family business. In 1993, Carlton’s son, Karl Fillauer, CPO, bought the company and led the business through multiple acquisitions, including Hosmer, Motion Control, Centri, Trautman, and OTS Corp that expanded Fillauer’s product offering, manufacturing capabilities, and global reach.
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Ziff buys center in East Brainerd
For the second time in three months, Bi-Lo has sold one of its Chattanooga shopping centers.
Ziff Properties, Inc. a Mount Pleasant, S.C.-based real estate company, announced Monday it has bought the East Brainerd Shopping Center, anchored by a Bi-Lo supermarket at 7804 East Brainerd Road. The 64,777-square-foot center sold for $4.75 million.
“We are pleased to extend our portfolio into the Chattanooga market,” said Christian Chamblee, chief operating officer and director of acquisitions for Ziff Properties. “We have plans to improve the center and further solidify its importance to the surrounding neighborhoods.”
Last October, the 48,420-square foot Bi-Lo supermarket and surrounding retail buildings at 6951 Lee Highway were sold for $8.9 million to a real estate partnership known as Spirit Master Funding Ix LLC.
Bi-Lo, a subsidiary of Winn-Dixie, will continue to operate the stores it is selling under leases with the new owners.