The city of Chattanooga plans to go to the bond market next Tuesday for $51 million for costs associated with the Volkswagen plant and other projects. City officials said they had been advised it is a good time to go to the bond market because few bonds are currently being issued by entities with a good rating like the city. Mike McMahan, assistant city attorney, said the issue will be tax ...
Pilgrim’s Pride Files For Bankruptcy; To Continue Business
Pilgrim’s Pride Corporation, which has a plant in Chattanooga, voluntarily filed for relief under Chapter 11 of the U.S. Bankruptcy Code on Monday. Company officials said that does not mean that plants will close. Clint Rivers, president and chief executive officer, said, "First and foremost, this does not mean we are going out of business. In fact, I’d like to emphasize that we expect it will ...
The Bank of Chickamauga held a groundbreaking ceremony to celebrate the building of a new Highway 27 Branch behind the current branch on Thursday, Oct. 23. Attendees included (left to right) Doug Hertha, Danny Brinks, Mike Wright, Gary Woods, Phyllis Mullican, Pam VanZant, Scott Carswell, Charlie Berry, Harry Kythas and Ron Hill. The Bank of Chickamauga has two branches to serve customers: 201 Gordon Street in downtown Chickamauga and 12691 North Highway 27. For more information, please call 706 375-3112.
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