Global insurance brokerage Hub International has acquired the assets of Lashua-LaChance & Poliks Insurance Agency for an undisclosed price. Based in Gardner, Massachusetts, Lashua-LaChance is an independent insurance agency that offers personal and business insurance solutions across New England. Founded in 1938, Lashua-LaChance is said to have acquired other local insurance agencies over the years. Peter […]
Global insurance brokerage Hub International has acquired the assets of Harris, Madden, Powell, Stallings & Brown (HMP), a commercial, surety, employee benefits and personal lines agency in Memphis, Tennessee, for an undisclosed price. HMP said to bring a unique industry focus on construction, manufacturing, distribution, and healthcare, and also alternative risk solutions, which will strengthen […]
BlueCross BlueShield of Tennessee, a health benefit plan company, will create a joint venture (JV) called Sanitas Medical Centers with Sanitas, a Keralty company, to open eight primary care medical centers across Middle and West Tennessee. Slated to open in fall 2020, Sanitas Medical Centers is expected to expand access to primary care. This includes […]
US fast casual seafood restaurant chain Captain D’s has opened its newest franchise location in Lewisburg, Tennessee, as per the latest restaurant industry news. The new restaurant, which is located at 1200 North Ellington Parkway, is the 72nd location for Captain D’s in Tennessee, which is also its home state. The fast casual seafood restaurant […]
Reliant Bancorp, the parent company of Reliant Bank, has agreed to acquire rival Tennessee-based bank holding company Tennessee Community Bank (TCB Holdings) in a cash-cum-stock deal worth around $37.2 million. TCB Holdings is the parent company of Community Bank & Trust (CB&T), which is based in Ashland City. It has banking centers across Ashland City, […]
Quick-service restaurant chain Church’s Chicken will reopen its Church’s Chicken Memphis restaurant in Tennessee, US. Set to reopen on Saturday, 17 August, the Church’s Chicken Memphis restaurant will introduce new design and décor elements, including the brand’s new interior seating options, exterior design and color palettes, and contemporary lighting inside and out. Commenting on the […]
McKee Foods acquisition of Prairie City Bakery : McKee Foods, a snack food and granola manufacturer based in Tennessee and also the Little Debbie owner, has acquired Prairie City Bakery, an Illinois-based bakery company, for an undisclosed sum, as per the latest food acquisition news. Prairie City Bakery cookies and more Founded in 1994, Prairie […]
Defense industry news : BAE Systems has bagged a $74.7 million contract from the US Army for the design, construction and commissioning of the Recrystallization and Slurry Coating Formulation facility at the Holston Army Ammunition Plant (HSAAP) at Kingsport in Tennessee. The new facility, which is estimated to be ready in late 2021, is expected […]
Restaurant industry news : Chicken Salad Chick, a US chicken restaurant chain, is all set to open a new branch in Nashville, Tennessee at Spring Hill. The new chicken restaurant in Spring Hill will be fourth location for Chicken Salad Chick in Nashville. The Spring Hill branch, which will open its doors on 21 August, […]
Poultry industry news : US meat processing company Tyson Foods has started construction of its new chicken processing plant in Humboldt in Gibson County, Tennessee with an investment of around $300 million. The new Tyson Foods poultry processing plant, which is expected to address the solid consumer demand for the company’s chicken products, is slated […]