Compass Auctions & Real Estate To Sell Over $30 Million Of TVA Surplus Nuclear And Coal-Fired Inventory

Friday, September 20, 2013

Compass Auctions & Real Estate has been selected to auction over $30 million of TVA's nuclear and coal-fired plant surplus inventory from multiple locations throughout the Southeast.

"We are humbled at the opportunity and find it refreshing to conduct business with an organization whose focus is to provide superior service to its clients all over the Southeastern United States," commented Paige Holt, president of Compass Auctions & Real Estate.

"The Tennessee Valley Authority is striving to be more efficient and improve the quality of service they offer to consumers."

Over 22,000 lots of Coal Fire and Nuclear Power Plant replacement parts inventory will be sold at public auction from the TVA warehouses located in Hartsville, Tn. The inventory consists of new, crated and unused electrical equipment, transformers, valves, pumps, cylinders, motors, Mack trucks, forklifts, road tractors and much more. An extensive list of items to be sold can be viewed at www.soldoncompass.com.

The inventory will be sold in four separate auctions taking place at the Hartsville location on Sept. 24, Oct. 22, Nov. 19 and Jan. 14. The auctions will be held live with live internet bidding available to allow buyers from around the world to participate in real time.

"This will be an excellent opportunity for both domestic and international buyers to purchase nuclear, coal, gas and water plant replacement parts that have never been used," stated Steven Holt, vice president of Compass.

Compass Auctions & Real Estate is a full-service auction and real estate company with locations in Chattanooga and Nashville. Compass has over 25 years of experience with several divisions. For more information call, (423) 702-6180 or visit www.soldoncompass.com


Real Estate Transfers For April 13-19

NOTICE: The Hamilton County Register’s Office did not publish this data. All information in the Register’s Office is public information as set out in T.C.A. 10-7-503. For questions regarding this report, please call Chattanoogan.com at 423 266-2325. GI numbers, listed when street addresses are not available, refer to the location of transactions (book number and page number) ... (click for more)

Large Condo In The Southside To Be Sold At Auction April 20

One of the largest condominiums in Downtown Chattanooga's Southside will be sold at auction on Thursday, April 20, at 6 p.m., at the condo.  The property, located on the second floor of 1401 Chestnut St., is a modern, up-scale urban loft style condominium that was fully remodeled in 2009. It includes living, entertaining and working areas, as well as two bedrooms which can ... (click for more)

Erlanger Has Surge In Revenue; Admissions Up Over 12%

Erlanger Health System reported substantial growth in revenue and effective cost management for the third quarter. Net income from operations of $8.5 million exceeded prior year by $7 million and also exceeded budget by $1.3 million.    The health system had an 8.8 percent increase in total net revenue. Officials said the quarter generated strong EBITDA (e arnings ... (click for more)

Former County Jailer Pleads "No Contest" In Cancer Faking Case

A former Hamilton County corrections officer pleaded no contest on Monday to charges that he got time off from work and donations from co-workers after he faked having cancer. Dale Daniel was granted diversion through an agreement with the district attorney's office. The charges will go off his record if he does not get into any further trouble for a year. Daniel will have ... (click for more)

Don't Clog Up The Last Remaining Semi-Unobstructed Route Into Town From North Of The River

The proposal to turn Hixson Pike in Riverview into a more pedestrian friendly street is more than absurd.   Let's be honest. This is the last semi-unobstructed route into town from north of the river, due to I-27 construction and the bike lane/parking lot that is North Market Street.  So, now the businesses in Riverview would like parking on this main artery? ... (click for more)

Roy Exum: New Orleans Slaps History

It was balmy and relatively quiet on Sunday afternoon in New Orleans. The flowers of spring were in full flush on Canal Street and, as darkness began to cloak the city, no one was aware that a cadre of police snipers was quietly setting up in a hotel parking garage across from the Liberty Place monument. Shortly after 1 a.m. yesterday morning, a number of large trucks rumbled past ... (click for more)