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Editorial Results (free)

1. Fed Directs 8 Biggest US Banks to Hold Extra Capital -

WASHINGTON (AP) — Federal regulators are directing the eight biggest U.S. banks to hold capital at levels above industry requirements to cushion against unexpected losses and reduce the chances of future taxpayer bailouts.

2. US Sues to Block GE Appliance Business Sale to Electrolux -

NEW YORK (AP) – The U.S. government is suing to stop Electrolux from buying General Electric's appliance division, saying the combined company would dominate sales of kitchen appliances to customers like home builders, property managers, hotels, and governments.

3. CP Memphis Assumes Lease of Crowne Plaza -

CP Memphis LLC, a Delaware limited liability company, signed an assignment and assumption of lease document May 18 taking ownership of the Downtown Crowne Plaza Hotel, at 300 N. Second St.

4. CP Memphis Assumes Lease of Crowne Plaza -

CP Memphis LLC, a Delaware limited liability company, signed an assignment and assumption of lease document May 18 taking ownership of the Downtown Crowne Plaza Hotel, at 300 N. Second St.

5. Comcast Announces Super-Fast Internet in Nashville, Mum on Cost -

NASHVILLE, Tenn. (AP) – Comcast says it is bringing its super-fast Internet service to Nashville, but won't say how much it will cost to install or subscribe.

The company announced Wednesday it will offer residential customers fiber optic service of two gigabits per second – or twice the speed of what is currently offered by some municipal electric providers and by Google. The tech giant's high-speed Internet service, Google Fiber, earlier this year announced it will expand to four metro areas in the southeastern U.S., including Nashville.

6. A Look at Winning and Losing Bills in Tennessee Legislature -

A look at some of the winning and losing legislation during the 2015 session of the Tennessee General Assembly.

WINNERS:
TENNESSEE BUDGET: Appropriating the state's annual $33.8 billion budget. SB1399.

7. Bristol on Union, Crowne Plaza Poised For Sales -

Two key pieces of commercial real estate – one Downtown and one in the Memphis Medical District – are poised to trade hands.

A joint venture between New York-based DRA Advisors LLC and Memphis-based Fogelman Properties LLC have entered into an agreement to acquire the 220-unit Bristol on Union apartment community at Union Avenue and Interstate 240 from Sentinel Real Estate Corp, which has owned and operated the property since 2006.

8. Bristol on Union, Crowne Plaza Memphis Poised for Sales -

Two key pieces of commercial real estate – one Downtown and one in the Memphis Medical District – are poised to trade hands.

A joint venture between New York-based DRA Advisors LLC and Memphis-based Fogelman Properties LLC have entered into an agreement to acquire the 220-unit Bristol on Union apartment community at Union Avenue and Interstate 240 from Sentinel Real Estate Corp, which has owned and operated the property since 2006.

9. GE Pares Off Financial Unit and Returns to Industrial Roots -

General Electric is leaving the lending business, a major source of both profit and risk, as it continues to whittle its focus down to an industrial core.

The company said Friday that it will sell most of its GE Capital assets over the next two years, shedding businesses in a sector where it has had a tough time generating acceptable returns. GE also plans to repurchase as much as $50 billion of its own stock.

10. Electrolux Issues Profit Warning for North America Unit -

STOCKHOLM (AP) – Home appliance maker Electrolux has issued a profit warning for its North American division, saying its first-quarter results will be worse than anticipated.

The Swedish company said Wednesday that its Major Appliances North America unit would post a loss in the quarter.

11. Tennessee Attorney General Wants Court to Set Aside Municipal Broadband Ruling -

NASHVILLE, Tenn. (AP) – Tennessee's attorney general wants a federal appeals court to set aside a recent decision by the Federal Communications Commission to allow cities like Chattanooga to offer municipal broadband beyond their normal service area.

12. Less for the Tank, More for the Bank -

The U.S. Energy Information Administration predicts the typical American household will save nearly $750 on gasoline in 2015, but no one should expect the good fortune to last forever.

Yes, gas prices did fall below $2 – and have begun falling again in recent days after rising about 35 cents in February and early March – but now it’s spring, a time when gas prices typically rise.

13. Battle of the Band(width) -

Joyce Coltrin’s business is wandering in Bradley County’s technological wilderness. And it’s likely to remain there – because of legal threats – until the General Assembly changes state law.

14. Uber Heads in New Mapping Direction With Decarta Acquisition -

SAN FRANCISCO (AP) – Uber Technologies is buying digital mapping specialist deCarta in a deal that may help the rapidly growing ride-hailing service lessen its dependence on navigation services from Google and Apple, an imposing pair of potential rivals.

15. GOP Lawmakers: Challenge FCC Ruling on Broadband in Tennessee -

NASHVILLE, Tenn. (AP) – The Federal Communication Commission ruled last week that cities like Chattanooga may expand their municipal broadband service, but Tennessee officials who oppose the decision are lining up to block the move.

16. Building From a New Blueprint -

When recruiting new businesses, East Tennessee economic development officials have long touted the benefits of partnering with the Oak Ridge National Laboratory and the University of Tennessee.

The lab and the university both have a history of working closely with private business to develop cutting-edge manufacturing techniques, technologies and new products. That research effort recently received a major boost with President Obama’s announcement of a new manufacturing innovation hub based in the Knoxville area.

17. GE to Provide Natural Gas Turbines for Allen Plant -

General Electric Co. says it has received an order from the Tennessee Valley Authority for two high-efficiency gas turbine generators to replace three coal-fired units that are being retired at the Allen Fossil Plant in Memphis.

18. GE to Provide Natural Gas Turbines for Allen Plant -

MEMPHIS, Tenn. (AP) – General Electric Co. says it has received an order from the Tennessee Valley Authority for two high-efficiency gas turbine generators to replace three coal-fired units that are being retired at the Allen Fossil Plant in Memphis.

19. UAW ‘Considers Itself a Partner’ With GM -

General Motors’ Spring Hill plant is firmly entrenched with the United Auto Workers.

In fact, it might not have retooled and started assembling vehicles again without the union’s efforts.

20. County Commission Endorses Haslam's Medicaid Expansion Plan -

Shelby County Commissioners, including some vocal Republican opponents of the Affordable Care Act in general, are calling on the Tennessee Legislature to approve Tennessee Gov. Bill Haslam’s Insure Tennessee Medicaid expansion plan.

21. The Preserve at Southwind Sells for $28 Million -

7991 Capilano Drive
Memphis, TN 38125
Sale Amount: $28 million

Sale Date: Dec. 22, 2014
Buyer: Southwind Apartments LP
Seller: G&I VII Preserve at Southwind Apartments LP
Loan Amount: $18 million
Loan Date: Dec. 18, 2014
Maturity Date: Oct. 31, 2020
Lender: Jackson National Life Insurance Co.
Details: A team that includes Memphis-based Foegelman Venture Partners has sold The Preserve at Southwind apartment community for $28 million.

22. REIT Sells Three Memphis Properties for $7.2 Million -

A Texas-based real estate investment trust has sold three Memphis properties for $7.2 million.

Cobalt Industrial REIT II, an affiliate of Cobalt Capital Partners, has sold the properties at 4366, 4406 and 4436 Malone Road to Colfin Cobalt I-II Owner LLC, an affiliate of Santa Monica, Calif.-based Colony Financial Inc., according to a Dec. 18 special warranty deed.

23. REIT Sells Three Memphis Properties for $7.2 Million -

A Texas-based real estate investment trust has sold three Memphis properties for $7.2 million.

Cobalt Industrial REIT II, an affiliate of Cobalt Capital Partners, has sold the properties at 4366, 4406 and 4436 Malone Road to Colfin Cobalt I-II Owner LLC, an affiliate of Santa Monica, Calif.-based Colony Financial Inc., according to a Dec. 18 special warranty deed.

24. Music Takes Center Stage for Nashville's New Year’s Eve -

Cynics and service industry folks might call it “amateur night.” And one can hardly blame them as New Year’s Eve can turn even the most unassuming guest into a rowdy reveler for a night.

25. US Companies Eager to Embrace Cuba Face Hurdles -

WASHINGTON (AP) – Cargill aims to sell more corn and soybeans. MasterCard covets another site for Americans to swipe credit cards. Marriott sees beachfront property that needs hotels.

And outside Orlando, Florida, Danny Howell just knows there would be demand for his classic Chevrolet parts.

26. Promotions, Gas Prices Boost US Auto Sales -

DETROIT (AP) – American shoppers passed on the malls and headed to the car dealerships over Thanksgiving weekend.

Black Friday promotions – coupled with falling gas prices, low-interest loans and hot new vehicles – drove U.S. auto sales higher in November, kicking off what's expected to be a strong holiday season.

27. TVA ‘Robo Houses’ a Success, On the Market -

For the past five years, several residents of the Campbell Creek subdivision have had the quietest neighbors they could have ever wanted. Now they’re going to have to adjust to having people instead.

28. Why are Tennesseans So Afraid of an Income Tax? -

The odds of an income tax becoming a reality in Tennessee – one of the nation’s lowest-taxed states – are slim to none.

And, yet there is an amendment on the Nov. 4 ballot that would change Tennessee’s constitution by giving the Legislature authority to prohibit passage of an income tax or payroll tax in the state.

29. Early Voting Opens in Midterm Elections -

Early voting opens Wednesday, Oct. 15, across Shelby County as well as Tennessee in the mid-term general elections that are the second most popular election cycle in Shelby County by voter turnout.

30. State Supreme Court Reverses Bartlett Murder Conviction -

The man convicted and sentenced to death for the brutal 2003 double murder of a husband and wife in Bartlett will get a new trial, the Tennessee Supreme Court ruled last week.

The court decision Thursday, Sept. 25, in the case of Henry Lee Jones is the latest reversal of a conviction in Shelby County Criminal Court by the highest court in the state.

31. Electrolux to Buy GE Appliances -

Sweden’s Electrolux is buying the appliances business of General Electric for $3.3 billion, boosting its presence on the North American market, the companies said Monday.

The acquisition is the largest ever for Stockholm-based Electrolux, ranked as the world’s second-biggest home appliance maker after U.S. rival Whirlpool.

32. Electrolux to Buy GE Appliances in $3.3 Billion Deal -

STOCKHOLM (AP) – Sweden's Electrolux is buying the appliances business of General Electric for $3.3 billion, boosting its presence on the North American market, the companies said Monday.

33. In GOP South, Pushback Against Obama Climate Rules -

ATLANTA (AP) — In the Republican-heavy Southeast, critics said Tuesday that a plan by President Barack Obama's administration to cut pollution would raise electricity prices, result in job losses and may not significantly curtail the carbon emissions blamed for global warming.

34. GE Targets Late July for Credit Card IPO -

NEW YORK (AP) – General Electric is targeting late July for the initial public offering of its credit card business, named Synchrony Financial.

The announcement Friday, which was included in the company's second-quarter earnings report, is the first step in GE's exit from that line of business.

35. Garrison Chosen to Lead Memphis Area Transit Authority -

The Memphis Area Transit Authority board has picked Ron Garrison, a former head of the public transit system in Tallahassee, Fla., to be the next president and general manager of the Memphis bus system.

36. Health Choice Selects Abisch to Lead Population Health Services -

Ellen Abisch has joined Health Choice LLC as senior director of population health services. In the newly created position, Abisch will be responsible for designing, implementing and managing population health and wellness programs for the Health Choice network.
Prior to joining the physician hospital organization, she served as manager of benefits and wellness for ServiceMaster.

37. Trolley Hiatus Comes at Critical Time for MATA -

The decision by the Memphis Area Transit Authority to temporarily stop all trolley service comes at a time of broader change for the city’s mass transit system.

The Main Street Trolley line that opened in the early 1990s and brought trolleys back in service for the first time in decades is getting its first comprehensive maintenance since the opening 22 years ago.

38. Auto Industry Gets Serious About Lighter Materials -

DEARBORN, Mich. (AP) – Roofs made of carbon fiber. Plastic windshields. Bumpers fashioned out of aluminum foam.

What sounds like a science experiment could be your next car.

While hybrids and electrics may grab the headlines, the real frontier in fuel economy is the switch to lighter materials.

39. Protesters Oppose New Tennessee Electric Chair Law -

NASHVILLE (AP) – Protesters at the state Capitol voiced opposition Tuesday to a new law signed by Gov. Bill Haslam allowing the use of the electric chair if lethal injection drugs are unavailable to execute condemned prisoners.

40. Life Church Buys Victory Campus for $4.4 Million -

255 N. Highland St.
Memphis, TN 38111
Sale Amount: $4.4 million

Sale Date: May 2, 2014
Buyer: The Life Church of Memphis Inc.
Seller: SignificantPsychology LLC
Loan Amount: $3.8 million
Loan Date: May 2, 2014
Maturity Date: May 5, 2019
Lender: Triumph Bank
Details: The Life Church of Memphis has paid $4.4 million for the former Victory University campus at 255 N. Highland St.

41. Bank Buys Magic Apparel Facility After Foreclosure -

An affiliate of EverBank Financial Corp. has paid $1.1 million for the Magic Apparel warehouse at 4361 Shelby Air Drive in Oakhaven following a foreclosure.

42. Slowing Chinese Economy Likely to Pinch US, Too -

WASHINGTON (AP) – After watching China narrow the U.S. lead as the world's largest economy, Americans might be tempted to cheer signs that the Chinese economy might be stumbling.

Any schadenfreude would be short-sighted.

43. Manufacturers See Better Economic Times -

Big companies are finally starting to spend money, and that could mean a better economy and more jobs.

Industrial companies such as General Electric, Honeywell and Caterpillar make expensive equipment that other companies need to buy to grow their business. They’ve been posting strong financial results in recent weeks and telling investors that orders are strong.

44. Manufacturers See Better Economic Times -

Big companies are finally starting to spend money, and that could mean a better economy and more jobs.

Industrial companies such as General Electric, Honeywell and Caterpillar make expensive equipment that other companies need to buy to grow their business. They've been posting strong financial results in recent weeks and telling investors that orders are strong.

45. End of Windows XP Support Spells Trouble for Some -

NEW YORK (AP) – Microsoft will end support for the persistently popular Windows XP on Tuesday, and with an estimated 30 percent of businesses and consumers still using the 12-year-old operating system, the move could put everything from the operations of heavy industry to the identities of everyday people in danger.

46. Industrial Portfolio Sells for $43 Million -

4550 Swinnea Road6005 Freeport Ave., 3399 E. Raines Road
Memphis, TN
Sale Amounts: $10.1 million; $14.8 million; $18 million

47. Quality Inn Owner Files $1.5 Million Loan -

The owner of the 130-room Quality Inn at 42 S. Camilla St. in Midtown has filed a $1.5 million loan on the property.

48. Tennessee Can Lawfully Electrocute Inmates if No Drugs -

NASHVILLE (AP) – Tennessee can lawfully use the electric chair in executions if lethal injection is stopped by the courts or because the state can't get the drugs to carry out the sentence, the state attorney general said in a legal opinion this week.

49. Supreme Court Seems Divided in Climate Case -

WASHINGTON (AP) – The Supreme Court appeared divided on Monday over the sole Obama administration program already in place to limit power plant and factory emissions of gases blamed for global warming.

50. PILOT Reform -

Nike is in the midst of a $301 million expansion of its Northridge plant in Frayser, a project that means the Beaverton, Ore.-based company will create 250 new jobs and retain 1,600 existing local jobs.

51. Veteran Marketer to Discuss Loyalty at Chamber Lunch -

Chris Malone, a veteran marketer who has worked with organizations such as the NBA and The Coca-Cola Co., will be the featured speaker this month at the Greater Memphis Chamber’s Small Business Council program launch luncheon.

52. Ruby Tuesday Sells Bartlett Lots for $1.1 Million -

8348 U.S. 64
Bartlett, TN 38133
Sale Amount: $1.1 million

Sale Date: Dec. 5, 2013

Buyer: 64 Kate Hyde Partners

53. Watertite Files $6.7 Million Loan on Collierville Facility -

Watertite Products Inc. has filed a $6.7 million loan on its 86,918-square-foot warehouse at 202 Industrial Park Lane in Collierville.

54. Flagship Facility -

NexAir, one of the largest distributors of atmospheric gases and welding supplies in the country, recently debuted a new advanced welding and cutting demonstration lab at its renovated Downtown headquarters on Walnut Street.

55. Frontier Airlines Sold to Ultra-Cheap Airline Investor -

Frontier Airlines is being sold to William Franke, a pioneer of the cheap tickets and high fees airline business that has spread overseas and is growing in the U.S.

Franke is the former chairman of Spirit Airlines, which has earned consistent profits by jamming more seats on its planes and charging extra for things that other airlines do for free, such as printing a boarding pass at the airport, or using the overhead bin.

56. Dow Average Adds Goldman Sachs, Nike and Visa -

The Dow Jones industrial average is dropping Bank of America, Hewlett-Packard and Alcoa, its three-lowest priced stocks, as part of a six-company shakeup of the most widely known barometer of the U.S. stock market.

57. Automakers Report Sales Up Double-Digits in August -

DETROIT (AP) – The major U.S. and Japanese automakers all posted double-digit U.S. sales gains last month as car buyers snapped up pickup trucks and small cars to lead the industry toward its best month in six years.

58. Report: GE to Spin Off Consumer Finance Business -

General Electric Co. plans to spin off the U.S. consumer lending business of its finance arm with an initial public offering of stock that could come early next year, according to The Wall Street Journal.

59. Wal-Mart Pushes ‘Made in America’ at Summit -

ORLANDO, Fla. (AP) – Wal-Mart Stores Inc. is hoping for a groundswell "made-in-America" movement.

60. Car Company's Tunica Plans Haven't Come to Fruition -

TUNICA, Miss. (AP) – It seemed like a win for everyone involved when a startup car company, backed by political heavyweights, wooed investors with plans to build a massive auto plant in the Mississippi Delta, hire thousands of people and pump out a brand new line of fuel-efficient vehicles.

61. Probe May Cause Issues for More Than DHS Official -

WASHINGTON (AP) – An internal investigation of President Barack Obama's choice to be the No. 2 official at the Homeland Security Department has the potential to become a political headache for former Secretary of State Hillary Rodham Clinton and the Democratic candidate for governor in Virginia.

62. Earnings Deluge -

Another week is in the books, resulting in another record close for both the Dow Jones Industrial Average and the S&P 500. Buoyed by some more accommodative comments from Federal Reserve Chairman Ben Bernanke during Congressional testimony this week, investors took the occasion to prop the U.S. equity markets to new highs. Coinciding with Bernanke’s testimony, a deluge of second quarter corporate earnings announcements was released. As a reminder, in this space last week, we wrote,

63. US Auto Sales See Big Gains in May -

DETROIT (AP) – Price cuts at Nissan and strong demand for pickup trucks helped U.S. auto sales rebound in May after a slight dip in April.

General Motors reported its strongest monthly sales since September of 2008. Chrysler, Ford, and Toyota also reported increases. Nissan Motor Co. notched its highest May sales ever after cutting prices on seven popular models early in the month. Only Volkswagen said sales fell compared with May of last year.

64. Thomas & Betts Donates $1 Million -

Thomas & Betts Corp. executives marked one year since the acquisition of the Memphis-based power and electric utility devices company by ABB Group of Zurich Thursday, May 9, with three contributions from both. The contributions, totaling $1 million, went to St. Jude Children’s Research Hospital, Le Bonheur Children’s Hospital and the Memphis Development Foundation.

65. Thomas & Betts Donates $1 Million -

Thomas & Betts Corp. executives marked one year since the acquisition of the Memphis-based power and electric utility devices company by ABB Group of Zurich Thursday, May 9, with three contributions from both. The contributions, totaling $1 million, went to St. Jude Children’s Research Hospital, Le Bonheur Children’s Hospital and the Memphis Development Foundation.

66. Thomas & Betts - ABB Donate $1 Million -

Thomas & Betts Corporation executives marked one year since the acquisition of the Memphis-based power and electric utility devices company by ABB Group of Zurich Thursday, May 9, with three contributions from both totaling $1 million to St. Children’s Research Hospital, Le Bonheur Children’s Hospital and the Memphis Development Foundation.

67. Mitsubishi Back Story Moves to Manufacturing -

The back story of the new Mitsubishi Electric Power Products Inc. plant that formally opened in Southwest Memphis last week includes a sewer pipe, the Mojave Desert and artificial lightning.

68. The New Beale -

Over the last four years, the next chapter in the development of Beale Street has been a stop-and-go affair. First would come announcements followed by silence from official channels.

Along with that silence, though, was quiet activity on the side, a movement that culminated with the March announcement of Memphis Mayor A C Wharton Jr.’s strategic planning committee’s report, “A Framework for Beale Street.”

69. Mitsubishi Debuts $200 Million Facility -

One of the two biggest economic development prizes of recession-era Memphis has its formal opening Friday, April 19.

The Mitsubishi Electric Power Products Inc. plant is the company’s first North American manufacturing plant for large power transformers, some weighing in excess of 400 tons.

70. New School Media Blends Film, Music Into ‘Funky’ -

In 2007, Sean Faust and business partner Brad Ellis came together with Memphis music icon Doug Easley to create a company offering full-service audio and video recording and mixing services.

71. Berclair Dollar General Sells for Almost $1 Million -

3443 Jackson Ave., Memphis, TN 38122

Sale Amount: $971,000
Sale Date: March 14, 2013
Buyer: VM Property Investments LLC
Seller: Ware Properties LLC
Loan Amount: $679,700
Loan Date: March 14, 2013
Maturity Date: N/A
Lender: US Bank NA
Details: The 9,160-square-foot Dollar General store at 3433 Jackson Ave. in Berclair has sold for $971,000.

72. Berclair Dollar General Sells for Almost $1 Million -

The 9,160-square-foot Dollar General store at 3433 Jackson Ave. in Berclair has sold for $971,000.

VM Property Investments LLC of Sandy, Utah, bought the 2-year-old retail store from Ware Properties LLC, the Coldwater, Miss.-based company that developed the property.

73. Crowne Plaza Hotel Sells Out of Foreclosure -

300 N. Second St. Memphis, TN 38103

Sale Amount: $9.4 million

Sale Date: Dec. 28, 2012

74. Crowne Plaza Hotel Sells Out of Foreclosure -

The Crowne Plaza Hotel at 300 N. Second St. Downtown sold on the Shelby County Courthouse steps Dec. 28 for $9.4 million following a foreclosure.

75. Wyndham Garden Hotel Owner Faces Foreclosure -

The owner of the Wyndham Garden Hotel at 300 N. Second St. Downtown has defaulted on its loan and faces foreclosure, according to a notice in the Friday, Dec. 7, issue of The Daily News and also at The Daily News Online, www.memphisdailynews.com.

76. Obama Pressing Business and Labor on Fiscal Cliff -

WASHINGTON (AP) – In a challenge to Republicans, President Barack Obama urged Congress on Wednesday to extend expiring tax cuts immediately for all but the highest income earners as a way to eliminate half of the so-called fiscal cliff that threatens to send the economy back into recession.

77. Labor Heads Say Obama Backs Them on 'Fiscal Cliff' -

WASHINGTON (AP) – Labor leaders said Tuesday that President Barack Obama remains committed to preserving tax cuts for middle class families and ensuring the wealthy pay more in taxes, outlining plans for a public campaign to pressure Republican lawmakers.

78. Memphis Companies Win Heart Association Honors -

Sixteen Memphis-area businesses have been recognized by the American Heart Association’s Fit-Friendly Companies Program for promoting physical activity and health in the workplace.

Fit-Friendly Companies Program participants encourage such things as physical activity and healthy eating in a number of ways, including through such enhancements as on-site walking routes and healthy food options in cafeterias and vending machines.

79. I-Bank Tower on Poplar Sells for $14.4 Million -

5050 Poplar Ave. Memphis, TN 38117

Sale Amount: $14.4 million

Sale Date: Sept. 14, 2012

80. Buffett Says US Economy Still Inching Ahead -

OMAHA, Neb. (AP) — Billionaire investor Warren Buffett said Wednesday that the global economy is definitely slowing because of continued problems in Europe and the decline in Asia.

But he said that the U.S. economy is still improving modestly and business will improve regardless of who wins the presidential election.

81. Nissan to Add Shift, 800 Jobs at Tennessee Plant -

Japanese automaker Nissan Motor Co. announced Friday it will add a third shift at a vehicle assembly plant in Tennessee, adding more than 800 jobs.

82. Early Results: Vesta Exceeds Expectations -

Don Glays, executive director of the Memphis Area Home Builders Association, has three words to describe how the past few days of the Vesta Home Show have performed:

“Beyond our expectations.”

83. General Motors' Stock Rise Surprises Industry -

DETROIT (AP) – Surprise! The top-performing stock among automakers in the U.S. this quarter is General Motors.

The company, which endured management upheaval during the quarter and announced that it would lose substantial cash in Europe, saw its shares rise almost 18 percent from July through late September. The gain was the best since the first quarter of this year, when the stock climbed about 23 percent. GM posted strong profits in that period.

84. Electric Charging Stations Create Driver Options -

Twelve of the parking spaces outside the visitors center at Shelby Farms Park come with a roof.

Construction of the solar-assisted electric and hybrid vehicle charging stations was completed in September.

85. New Plants Point to Infrastructure Needs -

Greater Memphis Chamber leader Dexter Muller is fond of recounting how hard it was to sell the Frank C. Pidgeon Industrial Park to site consultants for manufacturing companies.

86. Electrolux Plant Issued $3.8 Million Mechanical Permit -

The Electrolux North America Cooking Products’ Memphis plant has been issued a mechanical permit for $3.8 million by the city-county Office of Construction Code Enforcement.

Mechanical Systems Co. LLC of Memphis is listed as the contractor on the application for property at 3231 Paul R. Lowry Road in southwest Memphis’ Frank C. Pidgeon Industrial Park.

87. New Mileage Standards Would Double Fuel Efficiency -

WASHINGTON (AP) – The average gas mileage of new cars and trucks will have to nearly double by 2025 under regulations that were finalized Tuesday by the Obama administration.

The new rules will require the fleet of new cars and trucks to average 54.5 miles per gallon in 13 years, up from 28.6 mpg at the end of last year.

88. The State of Green -

There are many shades of green.

And the use of the term “green” to describe public policies, business practices and other decisions designed to improve or sustain natural surroundings and our connection with them touches on so many other considerations.

89. Going Green -

Many organizations of all sizes and across all sectors seek to “green” their facilities and operations but often worry about how reducing their carbon footprint could affect their bottom lines.

90. Beale Street Blues -

Last September, a working group appointed by Memphis Mayor A C Wharton Jr. completed its work on recommendations for the future of Beale Street.

The report has been printed and boxed up – but it won’t be released until a judge settles the federal bankruptcy case embroiling the entertainment district.

91. State Rated No. 1 For Automotive Manufacturing -

A national publication ranks Tennessee No. 1 in automotive manufacturing strength for the third straight year.

Business Facilities’ July/August issue cited the state for economic growth potential, job growth, business and education climate, transportation infrastructure, data center hubs and other factors.

92. Carmakers Report Strong June Sales, Easing Worries -

DETROIT (AP) – From mini cars to monster pickups, sales of vehicles charged higher in June and eased concerns that Americans would be turned off by slower hiring and other scary headlines.

93. Light Switch -

When Summerall Electric Co. Inc. recently got approached by a customer with a lighting problem, a metaphorical light bulb went off.

94. Pickering Projects Show Activity on Upswing -

If an uptick in engineering services is an economic indicator of recovery and stability, Memphis is progressing fairly well.

That’s the message Bob Pitts, principal at Pickering Firm Inc., shared to the Appraisal Institute of Memphis Wednesday, May 16, at Chickasaw Country Club. Pickering employs 150 engineers, scientists, architects and surveyors across six offices from its Memphis headquarters to the Gulf Coast.

95. Experience Helps Harckum Lead Versant, CSCMP -

When supply chain executives from different businesses in Memphis get together, they talk about each other, said Glen Harckum, chairman of the local Council of Supply Chain Management Professionals.

96. Pending Bill Could Raise Solar Taxes -

The week that two solar farms located in Haywood County and Memphis were dedicated, a bill that would increase property taxes on owners of solar production facilities like the two arrays was undergoing more changes in Nashville and encountering increased opposition from the state’s solar industry.

97. Growing Power -

The outlook is as bright as ever for the local solar industry. Two large solar arrays are opening this week in Memphis and Haywood County, while industry leaders are gathering here this week to tout solar power and its growth in Tennessee in recent years.

98. MC Ionic Continues Work on HQ, Plant -

MC Ionic Solutions US Inc., a subsidiary of Mitsubishi Chemical Corp. that will produce an electrolyte solution used in lithium-ion batteries, is moving ahead with its North Memphis headquarters and production plant.

99. IDI Bringing 3 Buildings to DeSoto County -

Industrial Developments International Inc. is in the midst of adding one build-to-suit and two speculative buildings in its Crossroads Distribution Center in Olive Branch – marking the area’s first spec construction since 2008.

100. The Right Place -

When people think of Memphis, they might picture an aerial shot of Downtown – skyscrapers, The Pyramid and all.

But Andy Cates’ view of Memphis is different. He sees the city’s “dirty, industrial real estate.”