Business news

Nashville REALLY average, and that's a good thing

Aug 28, 2014

MURFREESBORO, Tenn. (WMOT)  --  A new study suggests that Nashville is the most average metro area in the country, and that may be good for business.

Researchers with the personal finance website yesterday released a study that lists Nashville as demographically the city most like the United States as a whole.

Finance writer Richie Bernardo led the study. He says companies rolling out new products may now find the mid-state more attractive.



GALLATIN, Tenn. (AP)/WMOT — State and local dignitaries joined officials from gun-maker Beretta USA to break ground on a new factory here in the mid-state this morning.

Berretta announced in January that it would build a new manufacturing and research facility Gallatin.

Last month the company made a further announcement that it would move all of its weapons production to Tennessee. That move came in response to the passage of strict gun-control law legislation in Maryland.

Gallatin Mayor Jo Ann Graves couldn’t be happier.

NASHVILLE, Tenn. (AP/WMOT) General Motors announced this morning that it will move production of the next-generation Cadillac SRX crossover SUV from Mexico to its plant in Spring Hill.

It was unclear how many new jobs the move would create. The Spring Hill factory complex now employs about 1,600 hourly workers.

United Auto Workers Union Spring Hill Local President Tim Stannard recently told WMOT it’s good to see the plant thrive again. He noted that the number of workers at the plant had fallen from a high of more than 6,000 to about 500.

Holiday Gasoline Prices Lowest in 4 Years

Aug 26, 2014

MURFREESBORO, Tenn. (WMOT)  --  Analysts with AAA say gas prices this holiday weekend will likely be the lowest Tennesseans have seen in 4 years.

AAA’s Mark Jenkins says the price for a gallon of unleaded fuel in Tennessee currently averages $3.21 a gallon. That’s 21 cents lower than Labor Day last year.

Some stations in the mid-state were selling a gallon of gas for $3.04 on Tuesday.

Jenkins says we have oil shale and the mew extraction method called fracking to thank for the lower prices.

MTSU is giving supporters a chance to watch the President’s Opening Ceremonies online this Saturday afternoon, Aug. 23, if they can’t attend in person.

Special live streaming video of the event, which is set to begin at 5:30 p.m. Saturday inside MTSU’s Floyd Stadium, will be available by visiting shortly before the ceremonies begin. 

This special page links to the video stream, which will begin about 15 minutes before the event starts. It also provides technical support for users watching the event.