Business news

Latest mid-state consumer survey a mixed bag

May 4, 2015

MURFREESBORO, Tenn. (WMOT)  --  Mid-state consumers are feeling better about the local economy than they have in a decade.

The Office of Consumer Research at Middle Tennessee State has released its quarterly consumer sentiment survey.  It shows consumer sentiment up 33 points over last quarter. It’s also at its highest point since 2004.

Survey director, Dr. Tim Graeff, says mid-state consumers are especially bullish about the local economy. He says one reason is a “growing optimism regarding the local job market.

The "Big Payback" campaign expands dramatically

Apr 30, 2015

NASHVILLE, Tenn. (WMOT)  --  The Community Foundation of Middle Tennessee hopes to top last year’s $1.5 million Big Payback during its second annual fundraiser.

The Big Payback is opportunity for mid-state residents to donate online toward the work of their favorite charities. Last year the Big Payback raised money for 525 mid-state non-profits. This year 755 charities are signed up to participate.

Rebecca Finley speaks for the foundation.

Bass Pro Shops takes over Memphis landmark

Apr 29, 2015

MEMPHIS, Tenn. (AP) — The Memphis landmark known as the Pyramid is coming back to life.

The 32-story building on the Mississippi River has been largely unused for 11 years when it stopped being a regular venue for basketball games and concerts.

But the Pyramid is opening Wednesday as the newest location for Bass Pro Shops.

The repurposed structure will also have a 105-room hotel designed like a hunting lodge, plus a bowling alley, archery range and man-made cypress swamp.

An observatory will offer panoramic views with a bar and restaurant atop the building.

MURFREESBORO, Tenn. (WMOT)  --  General Mills announced Tuesday that it plans to add more than a hundred jobs to its plant in Murfreesboro as part of a multi-million dollar expansion.

The Daily News Journal reports the plant will expand production of Yoplait Yogurt and Toaster Strudel at the facility and may also add new product lines.

The company says it will spend $253 million to complete the expansion and intends to hire an additional 117 workers. Hiring will begin in early May.

In celebration of Goodwill Week May 4-8, the two Goodwill Career Solutions centers in Murfreesboro will host 13 events, including multiple-employer job fairs, a couponing class and a stopover by a mobile career lab.