Greenlee Textron Acquires Sherman & Reilly, Inc.

Wednesday, May 1, 2013

In a strategic move to broaden its position in the utility segment, Greenlee, a Textron Inc. (NYSE: TXT) company, announced Wednesday it has acquired ownership of Sherman & Reilly, Inc., a manufacturer of underground and aerial transmission and distribution products based in Chattanooga.

“Sherman & Reilly is an acknowledged leader in heavy pulling products for distribution and transmission applications,” said Scott Hall, president, Textron Industrial Segment and Greenlee. “Like Greenlee Utility, the company has a strong brand built on innovation and service to the utility professional. S+R is a logical complement to our Greenlee Utility and Gator products and will significantly expand Greenlee’s presence in the utility segment.”

“We are excited to be joining the Greenlee Textron family,” said Mike Dunn, general manager of Sherman and Reilly. “The combined strength of our brands, along with Greenlee’s established presence in the utility channel will further accelerate our growth and provide new opportunities for our talented employees.”

Sherman & Reilly is the leading U.S. manufacturer of pulling and stringing equipment for the power utility segment. The company currently employs 110 people and will join the Greenlee family of brands alongside Greenlee, Klauke and Greenlee Communications. In addition to its portfolio of pulling products and accessories Sherman and Reilly will continue to manufacture a range of cable installation blocks and distribute fiber-optic blowing systems for the telecommunication market. Sherman and Reilly will become a separate business unit within Greenlee, led by Mr. Dunn.



Shaw Expands Resilient Manufacturing Capabilities, Adding USFloors Product Lines

Shaw Industries Group, Inc. has completed a $30 million investment to manufacture composite core LVT flooring in its resilient manufacturing facility in Ringgold, known as Plant RP. Shaw started manufacturing LVT in this state-of-the-art plant in 2016. This latest installation will manufacture Shaw and USFloors WPC and rigid core products by the end of third quarter this year. ... (click for more)

New Hamilton County Businesses

Here are the new business licenses from the County Clerk's office: AIR-TECH CHARLES  ABLES HVAC SERVICE 515 LUPTON DR CHATTANOOGA TN 37415 AMERICAN CONCRETE SERVICES ANDREW  SHANE CONCRETE CONTRACTORS 1788 E POINSETT ST EXTENTION GREER SC 29651 AMERICAN WASTE SERVICES   DUMPSTER RENTAL 10219 HWY 58 OOLTEWAH TN 37363 ... (click for more)

Mark Wharton Named Vice Chancellor And Director Of Athletics At UTC

University of Tennessee at Chattanooga Chancellor Dr. Steven Angle announced Mark Wharton as the Mocs' new vice chancellor and director of athletics on Tuesday.  A press conference introducing Mr. Wharton is scheduled for  Wednesday, at  2 p.m.  in the Chattanooga Room in the University Center.  Community members, fans and supporters are invited to ... (click for more)

Government Paid Almost $181,000 In Social Security Benefits To Sewanee Man After He Died In 1988; Hawkins Charged With Embezzlement

The Social Security Administration paid almost $181,000 in benefits to a Sewanee man after he died in 1988, federal prosecutors said. The government learned in 2014 that the money designated to Walter Acton was going to a man living in his home at 3932 Jump Off Road - Edward Hawkins. Hawkins has agreed to plead guilty to embezzlement in the case. Prosecutor Perry Piper said ... (click for more)

The Soul Of Chattanooga Is In Trouble

As a child growing up in the Chattanooga area, at an early age I became fascinated with the history that cloaks the city. In those days there was enough pollution to cover the town and its history but that didn't stop tourists from coming to visit Lookout Mountain, Missionary Ridge and the Chickamauga battlefield.     Chattanooga's leadership was not very far sighted ... (click for more)

Roy Exum: Writing From Bragg Avenue

Far and away, my favorite comment on destroying statues appeared on my Facebook page the other day and, believe it or not, it was the clear-minded Times Free Press Sports Editor Stephen Hargis who penned, “This statue offends me! It must be torn down!” Underneath his fiery words, the long-suffered UT football fan posted a picture of the bronze monument outside of Bryant-Denny stadium ... (click for more)