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Dave Flessner

Stories by Dave

Astec Industries profits drop 71 percent

Lack of highway bill, higher taxes hurt company earnings

Profits for paving equipment maker Astec Industries, Inc. hit a pothole in the third quarter, falling 71 percent from year-ago levels and dropping well below analysts expectations for the summer period.

Since EPB installed fiber-optic links to all 174,000 of its customers two years ago, the city-owned utility estimates it has cut power outages by 60 percent, saving local businesses more than $50 million in lost production costs.

CUPERTINO, Calif. -- Apple's mobile payment system, Apple Pay, made its debut Monday.

The Tennessee Valley Authority is considering shutting down another two coal-fired units in Kentucky.

EPB’s smart grid should get even smarter with help from America’s biggest research lab 90 miles up the road.

• Project: North Shore apartments. • Location: 110 Tremont St. • Developer: John Wise. • Contractor: Wise Construction Co.

DALTON, Ga. — For Linda Baggett and thousands of other Georgians, Wal-Mart may soon provide their primary health care, at a fraction of what is normally charged for doctor visits.

Watts Bar may not help TVA meet EPA carbon limits

Public power leaders urge change in federal carbon counts

The Tennessee Valley Authority is cutting in half the share of power it gets from coal-fired power plants and should reduce its carbon emissions from its peak levels by nearly 40 percent by 2020.

After four consecutive months of rising unemployment, the jobless rate dropped last month in both Tennessee and Georgia as the number of new jobless claims sank nationwide last week to a 14-year low.

Tennessee jobless rate falls to 7.3 percent

State rate still well above 5.9 percent U.S. level

After four consecutive months of rising unemployment, Tennessee’s jobless rate fell during September to 7.3 percent.

Unemployment in Georgia fell last month for the first time since April but remained well above the U.S. average, the Georgia Department of Labor said today.

A former executive of Chattanooga's biggest bank is moving to America's biggest bank to expand its commercial lending and investment services in East Tennessee.

Construction of a new Chickamauga Lock could be revived next year if Congress includes an industry-backed plan to raise the fuel tax on barges as part of the spending measures set to be reviewed next month when legislators return to Washington after the Nov. 4 elections.

The city of Chattanooga may not have seen the light of Don Lepard's pitch, but the Chattanooga businessman still sees a bright future for his Global Green Lighting.

As America's first Gig City, Chattanooga is drawing global attention this week from telecom experts Down Under.

A decade after former Senate Majority Leader Bill Frist, R-Tenn., led a reform of the Tennessee Valley Authority's governing board, his successors from Tennessee in the Senate aren't so sure the board appointment process is working out so well, at least under President Barack Obama.

SPRING CITY, Tenn. — Within an $80 million concrete building anchored to the bedrock of the highest point at the Watts Bar Nuclear Plant, the Tennessee Valley Authority is storing enough pumps, generators and other equipment to respond to most any type of earthquake, storm or missile attack.

After completing nearly $200 million of building and dam upgrades, the Watts Bar Nuclear Plant should be able to withstand any natural disaster similar to what destroyed most of the Fukushima nuclear plant in Japan, TVA officials told U.S. Sen. Lamar Alexader, R-Tenn. here today.

Heating bills should be lower this winter because the deep freeze that chilled much of the nation last year is unlikely to return.

The average Chattanoogan gives away at least 50 percent more of his or her disposable income to charities and religious groups than does the typical American.

The Unit 1 reactor at TVA's Browns Ferry Nuclear Plant in Alabama was shut down late Friday for a scheduled refueling and maintenance outage. An additional 850 TVA and contract employees will supplement the site’s regular staff of almost 1,400 employees during the outage. The project will involve more than 163,000 work-hours until the outage is completed later this month.

Time to Shine Car Wash Inc., based in Oak Ridge, operates seven car washes in East Tennessee, including another in Ooltewah which opened in March.

The road to prosperity in Egypt may be paved, in part, with help of Chattanooga's Astec Industries.

The Chattanooga Symphony and Opera Association claims a local charity is not in tune with the wishes of its donor and has mounted a legal battle to get a bigger share of the charity's money.

Four decades after workers began construction of the Watts Bar Nuclear Plant, TVA successfully passed a critical test this week toward finally completing a second reactor at the Spring City, Tenn., power plant.

The sign above the shuttered restaurants still proclaims, "In here, it's always Fridays."

TGI Fridays closes restaurant next to Tennessee Aquarium in Chattanooga

Landlord negotiates for new restaurant to replace it

One of the first restaurants to open in the shadow of the Tennessee Aquarium more than two decades ago closed today, but a new restaurant should soon open in the Broad Street facility.

Forrest Preston has capitalized on America's aging population to become one of the richest persons in America, according to Forbes magazine.

Jimmy Walls has relied on the same bank office in Brainerd to deposit his checks for nearly a half century.

BancorpSouth to open bank in Chattanooga

Former FirstBank leaders join growing regional bank

One of Mississippi's biggest banks is expanding into Chattanooga with plans to open a full-service bank by next spring.

Jobless rate drops in Chattanooga, rises in Dalton to highest in Georgia

Dalton unemployment jumps to 10.7 percent while jobless rate dips in rest of the region

The jobless rate declined last month in Chattanooga and Cleveland, Tenn., but unemployment rose in metropolitan Dalton, Ga., during August to the highest rate of any metro area in Georgia or Tennessee.

Unemployment rose again last month in Whitfield and Murray counties to push the jobless rate in metropolitan Dalton to the highest rate among Georgia' metropolitan areas.

The Dixie Group, Inc., announced today it is buying substantially all of the assets of Burtco Enterprises, Inc., a Chickamauga, Ga.-based provider of Tapistron CYP soft floorcovering and other related carpet products for the hospitality industry.

U.S. Sen. Bob Corker may not agree with Obamanomics, but under President Obama last year the Chattanooga Republican enjoyed a $1.3 million gain in his minimum net worth, according to his annual Senate financial disclosure forms.

TVA General Counsel Ralph Rodgers will retire from the federal utility at the end of the year.

TVA General Counsel Ralph Rodgers will retire from the federal utility at the end of the year.

In the next year, final mechanical and electrical installations will be made.

A holiday shopping rush of sorts hit area phone and eletronics stores Friday as scores of Apple devotees got up early to buy the first of the new supersized iPhones.

Hundreds of Chattanoogans got up early today to get in line at area stores selling Apple's latest phone.

Unemployment rose in August for a fourth consecutive month across both Tennessee and Georgia.

After falling for eight consecutive months, unemployment in Tennessee has steadily rose since April, climbing to 7.4 percent in August.

Georgia jobless rate up for fourth month

State's 8.1 percent is 2 percentage points above U.S. rate

Unemployment in Georgia rose for the fourth consecutive month during August even though the Peach State continued to show strong job growth.

Over the past decade, Shaw Industries has cut its energy use by 25 percent -- and its peak electricity demand by more than 40 percent -- through both production changes and cutbacks.

The owners came to Chattanooga from Kansas City where they worked in other food service jobs and, for now, are working their consulting business out of their homes.

Rail service could be coming back to the Choo-Choo city if a new federally funded study shows a proposed light-rail route is feasible.

Japanese delegation floored by Chattanooga manufacturer

Praters takes athletic floor business around the world

From a nondescript warehouse and factory in Chattanooga, John Prater has laid the foundation for what is taking center court on the world stage.

  • Sept. 13th, 2014  |
  • By Staff Writer

A Nashville investment group created in 2010 to buy and manage real estate in the Southeast bought apartment complexes in Chattanooga and Red Bank this week and is looking to buy even more rental properties in what investors see as a strong apartment market in the Chattanooga area.

The American Quilter's Society kicked off one of the biggest conventions ever in Chattanooga today with hundreds of quilts — and even more displays of quilting materials, machines and other products — on display at the Chattanooga Convention Center.

ATHENS, Tenn. — The government agency responsible for maintaining America's nuclear arsenal wants to continue to use a TVA nuclear power plant to produce bomb material even though tritium leaks from the the process have been nearly four times what was originally projected.

The lights have gone out at Chattanooga's Electric Cowboy.

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