Audia International, Inc. Announces New $50 Million Plant For Walker County

Wednesday, May 21, 2014

At a special meeting of the Walker County Development Authority, Executive Director Larry Brooks presented to the board a memorandum of understanding from Pennsylvania-based Audia International, Inc. that would see the company construct a new manufacturing facility in Walker County.

“This project has been a year and a half's worth of work and I am happy to be able to present the board with the plan forward,” Mr. Brooks said at the opening of the meeting.

The plan calls for Audia International, Inc. to invest over $50 million in a plastics manufacturing facility in the newly-developed Walker County Business Park north of LaFayette on US 27. The facility will support Audia International’s three subsidiaries: Washington Penn Plastic Co. Inc., Uniform Color Company, and Southern Polymer, Inc.

“We are very impressed with the support and cooperation given by Walker County as we have searched for the right location for this new plant. Our search covered six states, and Walker County proved to be the best location for us.” said Todd Gummersbach, Audia’s representative.

The project was dubbed Project Eagle by the Walker County Development Authority. The Georgia
Department of Economic Development and the Northwest Georgia Joint Development Authority also participated in the negotiations with Audia.

“We are so pleased that Audia will be joining the community of wonderful manufacturers and businesses who call Walker County home,” said Walker County commissioner Bebe Heiskell.

Work has already begun on the engineering for the new plant site by the development authority.

“We are thrilled to have such a strong company invest in our local economy,” said Jeff Mullis, executive director of the Northwest Georgia Joint Development Authority.

Construction on the plant is hoped to begin in late summer or early fall with the plant slated to begin
operation in the third quarter of 2015.

First Horizon Declares Quarterly Dividends

First Horizon National Corporation, parent company of First Tennessee Bank, board of directors has approved payment of a quarterly cash dividend on its common stock of $.07 per share. The dividend is payable on Oct. 3 to the common shareholders of record on Sept. 9.   The board also approved payment of a quarterly cash dividend of $1,550 per share on First Horizon’s Non-Cumulative ... (click for more)

Chattanooga Women's Leadership Institute Celebrates 20th Anniversary

The Chattanooga Women’s Leadership Institute is celebrating two decades of building a more female-inclusive culture in the Chattanooga business community by hosting a 20th anniversary celebration on Aug. 23.  Formed in 1996 with seven members, CWLI is a local nonprofit organization that provides mentoring, training and leadership development to more than 500 businesswomen ... (click for more)

$30 Million Development Planned At King And South Market; Will Include Hotel, Condos, Offices, Retail, Possible Restaurant

A new $30 million development is planned for the Southside at King Street and South Market. Nick Wilkinson, city deputy director for economic development, said it will include a hotel, condos, offices, retail and possibly a restaurant. It could also include some light industry. A storage building and a parking lot are now at the site. He said the developers plan to reuse ... (click for more)

Investor In Scheme Says Dyer Made Contacts At Quarterback Club

One of the investors who was a loser in an investment scheme recently halted by the Securities and Exchange Commission said one of the Chattanooga brokers involved made many of his contacts through the Chattanooga Quarterback Club. Paul Smith, former Hamilton County Democratic Party chairman, said Doug Dyer has been the president for many years of the club that promotes UTC and ... (click for more)

Expand Broadband Internet, Not The Size Of Government

I’d like to respond to two letters in your July 13 edition that praised Rep. Mike Carter’s efforts to expand statewide broadband access. Rep. Carter wants more government involvement in the broadband sector, including an expansion of taxpayer-funded, municipal broadband networks.  Rep. Carter’s supporters argued he’s standing up for consumers against huge telecommunications ... (click for more)

Roy Exum: Our Horses Vs. DesJarlais

It is well-known that shortly after the despicable “Big Lick” faction of the Tennessee Walking Horse industry put on a very-pointed fundraiser for the equally repugnant Congressman Scott DesJarlais (R-Jasper) two years ago, the misguided doctor has repeatedly tried to bully and strong-arm the U.S. Department of Agriculture on the behalf of the vermin who sadistically torture the ... (click for more)