Lawson Electric plans to add assembly operation

Lawson Electric plans to add assembly operation

October 10th, 2018 by Staff and Wire Reports in Business Around the Region

Lawson Electric plans to set up a light assembly operation employing about 20 people in a building at 6246 Dayton Blvd.

Ryan Crimmins, the company's president, told the Chattanooga-Hamilton County Regional Planning Commission the new facility wil assemble items related to electrical systems.

The company won a rezoning of 5 acres of property from C-2 Convenience Commercial Zone and R-4 Special Zone to M-1 Manufacturing. Plans are to use some of the property as a contractor laydown storage area, too, Crimmins said.

The city council is expected to hear the case for final approval on Nov. 13.

NRC reviews TVA safety culture

The Nuclear Regulatory Commission has scheduled a public meeting at 5 p.m. on Oct. 18 at the Comfort Inn hotel in Athens, Tenn.. to review TVA's progress in creating a safety conscious work environment at the Watts Bar nuclear plant near Spring City, Tennessee.

The NRC this summer conducted an inspection of TVA's employee concerns program and reviewed how the agency was encouraging and responding to employee safety concerns in TVA's nuclear power program. In early 2016, the NRC said TVA had "a chilled work environment" at Watts Bar and other nuclear operations because of how TVA supervisors directed employees and responded to their safety concerns.

Nuclear regulators have had heightened oversight of TVA's employee safety culture ever since and the Oct. 18 meeting will review the NRC's latest findings.

"We continue to implement the improvement plan that we outlined to the NRC is previous meetings," TVA spokesman Jim Hopson said Wednesday. "We're continuing to see some movement in the right direction, but as with any cultural issue, it is not something that will be solved overnight."

NRC staff will be available after the business portion of the meeting to answer questions from members of the public. Anyone unable to attend who wishes to listen to the meeting via a toll-free teleconference line should contact the NRC's Son Ninh by Oct. 15 at (404-997-4532) or email son.ninh@nrc.gov.

CBL teams up against cancer

CBL Properties over the weekend teamed up with breast cancer organizations across its portfolio to shine a spotlight on awareness, early detection and self-care.

The Spotlight Social event used fashion, entertainment, beauty, fitness and food to bring thousands of women together across the country for the cause, according to the Chattanooga-based shopping center company.

"In addition to offering exciting retail, dining and entertainment, CBL values the role of our properties as important community partners," said Stacey Keating, director of public relations and corporate communications for CBL Properties. "In the U.S., a woman is diagnosed with breast cancer every two minutes."

Organizations included local chapters of national organizations like the Susan G. Komen Foundation and the American Cancer Society as well as local organizations such as the MaryEllen Locher Breast Cancer Center of Excellence, UK Markey Cancer Center, and Florida Cancer Specialists.

Wholesale prices rise 0.2 percent

U.S. wholesale prices rose a mild 0.2 percent last month, held down by lower food and energy costs, suggesting that inflation remains in check despite the economy's robust growth.

The Labor Department said Wednesday that its producer price index — which measures inflation before it reaches consumers — rose 2.6 percent compared with a year earlier, the smallest increase since January. Wholesale prices rose in September after two months of flat or declining readings.

Excluding the volatile food and energy categories, core wholesale prices rose 0.2 percent in September and 2.5 percent from a year earlier.

Inflation has crept higher this year, eroding the value of Americans' paychecks. Yet core prices remain close to the Federal Reserve's target of 2 percent and have yet to show signs of rapid acceleration.

There were some signs of rising costs in Wednesday's report: Transportation and warehousing prices rose 1.8 percent, the largest monthly gain in nearly nine years. The increase was mostly driven by higher wholesale prices for airline tickets, which jumped 5.5 percent, the biggest increase in a decade.

Wholesale food costs fell 0.6 percent last month and gas prices dropped 3.5 percent, declines that could lower consumer prices in the coming months.

The Federal Reserve is keeping a close eye on price changes as it monitors the economy for signs of overheating. The unemployment rate fell to a 49-year low of 3.7 percent last month, which could spur greater wage increases in the coming months. Companies may then have to raise prices to offset the costs of higher pay.


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