VOL. 117 | NO. 187 | Wednesday, October 15, 2003
CRYE-LEIKE EXPANDING HOT SPRINGS
Requests Tax Freeze
SEOPC Inc., a distributor of computer components, is seeking
a three-year tax freeze for a distribution facility at 4995 Citation Drive in
Memphis. The project would create 30 jobs at a median wage of $27,000. The
city-county Industrial Development Board will discuss the application at a 3
p.m. meeting today at City Hall.
Ky. IT Contract
SCB Computer Technology Inc. has filed suit in Kentucky for
review of a contract awarded by the state for design and development services
of its information technology systems. SCB alleges errors were made in
determining six companies that qualified under competitive bidding for the
contract, placing SCB in seventh place out of 28 respondents.
Thomas & Betts Corp.s board of directors voted
unanimously to terminate the companys Shareholder Rights Plan, effective
immediately. Rights will be redeemed at $0.005 per right, payable in cash to
shareholders of record on Oct. 30.
Wilson & Associates
Honored by USFN
Wilson & Associates, a law firm that represents the real
estate and mortgage banking industries, has received the Diamond Award of Excellence from USFN-Americas
Mortgage Banking Attorneys. The
award recognizes high standards in such areas as industry leadership, staff
development and client relations.
Earnings Inc. announced its Enterprise ATM Deposit Processing
system has been implemented at First Tennessee Bank. The companys check
recognition technology, used to read amounts on checks and deposit tickets,
provided an automation level of about 80 percent of all deposits processed, SEI