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Tennessee Daily News Clips, Aug. 23, 2013

Tennessee Daily News Clips, Aug. 23, 2013

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Published by TNSenateDems
A statewide news summary from the governor's office.
A statewide news summary from the governor's office.

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Published by: TNSenateDems on Aug 23, 2013
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08/30/2013

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FRIDAY,AUGUST23, 2013HaslamRequestsSBAAssistancefor Mid-TN FloodRecovery(TN Report)
Tennessee Gov. Bill Haslam has requested assistance from the U.S. Small Business Administration (SBA) to helpindividuals and businesses in Metro Nashville and Davidson County and its contiguous counties recover from thesevere storms and flash flooding that occurred on August 8-9, 2013. The additional Tennessee counties that wouldbe eligible for SBA loans are Cheatham, Robertson, Rutherford, Sumner, Williamson and Wilson as damage tohomes and businesses occurred in multiple locations. A joint Tennessee Emergency Management Agency (TEMA)and SBA damage survey shows more than 190 homes and 46 businesses in Davidson County sustained minor ormajor damages and/or loss of inventory. “The impact on affected individuals and business is significant, and adisaster declaration from the SBA will help speed their recovery from this flood,” Haslam said.http://tnreport.com/2013/08/22/haslam-requests-sba-assistance-for-mid-tn-flood-recovery/ 
Jack Daniel ExpandingOperationsin Lynchburg(TN Report)
Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along withBrown-Forman Corporation officials announced today expansion plans for the Jack Daniel Distillery in response toglobal demand for its world famous Tennessee Whiskey. The $103 million investment includes the addition of stills,barrel warehouses and related infrastructure to support the expanding operations, and will result in the creation of94 new full-time positions over the next five years. “I want to thank the Jack Daniel Distillery for today’sannouncement and their continued investment in the people of Lynchburg and Tennessee,” Haslam said. “Thiscompany is an American brand but, more importantly, a Tennessee brand well recognized across the world,making it a global ambassador for our home state. Jack Daniel’s is one of our most historic exports, and it helps usin our efforts to bring new Tennessee products to the world marketplace.”http://tnreport.com/2013/08/22/jack-daniel-expanding-operations-in-lynchburg/ 
Jack Daniel Distilleryannounces$103 millionexpansion(Times-Gazette)
Global demand for Tennessee Whiskey means more jobs for our area, with a $103 million investment announcedThursday at the world famous Jack Daniel Distillery. he extensive expansion plans involves the addition of stills,barrel warehouses and related infrastructure, as well as 94 new full-time positions over the next five years in MooreCounty. Gov. Bill Haslam gathered with local officials and members of the Brown-Forman Corporation, which ownsthe brand, to make the announcement. "This is a big day for us ... because when you think of Tennessee, this isone of the brands you think of, and it's a tourist attraction as well," Haslam said. "It really covers a lot of ground,and we are grateful to Jack Daniel for the additional investment." Long haul Master Distiller Jeff Arnett said thestate and Economic and Community Development Commissioner Bill Hagerty were instrumental in getting theinvestment "for the long haul for Jack Daniel http://www.t-g.com/story/1996212.html
Jack Daniel Distillery$103Mexpansionto create 94 jobs (Nashville Post)
Brown-Forman Corp. officials announced today expansion plans for the company’s Lynchburg-based Jack DanielDistillery, a $103 million investment that is expected to yield 94 full-time positions over the next five years. Themove, Louisville-based Brown-Forman said, comes in response to global demand for the company’s TennesseeWhiskey and will include the addition of stills, barrel warehouses and related infrastructure to support theexpanding operations. Construction will begin this fall and is expected to be completed within two years. Thedistillery expansion will be located on distillery property in the Lynchburg area and tied to the same source of cavespring water. Jack Daniel’s Tennessee Whiskey has grown volume for 21 consecutive years, with the family ofbrands having increased global net sales by 9 percent during the last fiscal year. “I want to thank the Jack DanielDistillery for today's announcement and their continued investment in the people of Lynchburg and Tennessee,"Gov. Bill Haslam said in a release.
 
Jack Daniel’s preparesfor $100 millionexpansion(AssociatedPress)
Jack Daniel’s is being served a $100 million-plus expansion of its rural Tennessee distillery to flex more muscle inthe growing whiskey market. The investment amounts to the largest single production expansion in the brand’slong history. It will add stills and barrel warehouses at the Jack Daniel’s operations in Lynchburg, Tenn., thebrand’s Louisville-based parent company, Brown-Forman Corp., said Thursday. A second production building willgo up on the same grounds as the current distillery site, which traces its roots back to a year after the Civil Warended. Expansion work will begin this fall and is expected to wrap up within two years. Company officials didn’tspecify how many stills and warehouses where the whiskey agers will be added. The distillery is bumping upagainst capacity pressures that will be relieved by the second production facility. “It’s a good time in the whiskeyindustry, and our future prospects look really good,” said Jeff Arnett, master distiller at the distillery. “We don’t wantto find ourselves without any additional throttle, if we need it. This will basically secure that we’ve got the ability togive Jack Daniel’s to all of those who want Jack Daniel’s for years to come.” The new production facility will haveaccess to the same source of cave spring water as the existing distillery, he said.http://www.timesfreepress.com/news/2013/aug/23/jack-daniels-prepares-100-million-expansion/?business
Jack Daniel Distilleryto undergo$100Mexpansion,add 90 jobs (TN/Williams)
Mr. Jack’s legacy is growing globally, forcing the iconic Tennessee whiskey maker to expand its stills andwarehouses in order to meet demand for its charcoal-mellowed products worldwide. As a result, parent Brown-Forman Corp. will spend more than $100 million to increase production and storage capacity at its Jack DanielDistillery, so that “every drop of Jack Daniel’s will continue to be made in Lynchburg,” master distiller Jeff Arnettsaid Thursday. The expansion, which should be completed in about 18 months, would add more than 90 full-time jobs at the distillery over the next five years, the company said during an announcement in front of the historicdistillery, which still operates in the same hollow where Jack Daniel founded it 150 years ago. “The demand forJack Daniel’s Tennessee Whiskey worldwide speaks volumes for the craftsmanship and specialness of a spiritdistilled from a small cave-spring hollow in Tennessee,” said Arnett, who is only the seventh master distiller in thehistory of the brand.http://www.tennessean.com/article/20130823/BUSINESS01/308230115/Jack-Daniel-Distillery-undergo-100M-expansion-add-90-jobs-meet-demand?nclick_check=1(SUBSCRIPTION)
Brown-Formanto Expandthe Jack Daniel Distillery(Wall Street Journal)
Brown-Forman Corporation (NYSE: BFA) (NYSE: BFB) announced today the expansion of the Jack DanielDistillery in response to global demand for its world-famous Tennessee Whiskey. The more than $100 millioninvestment includes the addition of stills, barrel warehouses, and related infrastructure to support the expandingoperations. "The demand for Jack Daniel's Tennessee Whiskey worldwide speaks volumes for the craftsmanshipand specialness of a spirit distilled from a small cave spring hollow in Tennessee," said Jeff Arnett, Master Distiller,Jack Daniel Distillery. "The expansion will help Jack Daniel's continue to bring our distinctive, charcoal-mellowedwhiskey to the world and to follow Mr. Jack's belief when he said, 'Every day we make it, we'll make it the best wecan.'" Brown-Forman's investment of more than $100 million is expected to result in approximately 90 additionalfull-time jobs over the next five years. Construction on the expansion will begin this fall and is expected to becompleted within two years. "I want to thank the Jack Daniel Distillery for today's announcement and theircontinued investment in the people of Lynchburg and Tennessee," Tennessee Gov. Bill Haslam said.http://online.wsj.com/article/PR-CO-20130822-907620.html(SUBSCRIPTION)
The World LovesJack Daniel’s, WhiskeyMakerRespondsWith Expansion(WPLN)
Soaring sales figures show the world has developed a taste for American whiskey. And to satisfy the masses, JackDaniel’s is expanding its distillery in little Lynchburg, Tenn. Last year, Jack Daniel’s hit a sales record – 11 millioncases of charcoal-mellowed, sour mash whiskey. But the nearly 150-year-old brand still only controls three percentof the global market. “Even with all this growth and success, we believe we’re only scratching the surface,” seniorvice president John Hayes said Thursday at the expansion announcement. With other spirits, the leading labeloften controls a 10 percent share. So parent company Brown-Forman is pumping $100 million into Jack Daniel’s,adding 90 jobs over the next five years along with new stills and space for aging more barrels.http://nashvillepublicradio.org/blog/2013/08/22/jack-daniels-chases-growing-global-taste-for-tennessee-whiskey/ 
HaslamHeadsTo WashingtonWith Health Of HospitalsOn His Mind(WPLN-Radio)
Job cuts and construction delays at Vanderbilt University Medical Center are weighing on Governor Bill Haslam.On Friday, he travels to Washington D.C. in hopes of hammering out a compromise on expanding the state’s
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Medicaid program – a move that has been characterized as vital to the health of Tennessee hospitals. Without anykind of expansion in Medicaid – known as TennCare in the state – the Tennessee Hospital Association has warnedthat some facilities will close. Rural, community hospitals are the most vulnerable. Governor Haslam points out thatrecent reductions at Vanderbilt have been blamed on a list of factors that include the indecision on Medicaid. “But Idon’t think we can ignore the fact that for hospitals, the situation is changing,” he told reporters Thursday.Tennessee is one of only a handful of states that hasn’t officially said yes or no. The governor is trying to getapproval for what he calls a “Tennessee Plan.” It would effectively let the state accept federal money for insuringmore poor people without having to add any costs to the state budget.http://nashvillepublicradio.org/blog/2013/08/22/haslam-heads-to-washington-with-health-of-hospitals-on-his-mind/  
Haslamplans DC trip to moveneedleon Medicaidcompromise(Nashville Post)
Gov. Bill Haslam plans to negotiate details of expanding health care coverage to more Tennesseans in the nation’scapitol Friday as he nears his own self-imposed deadline to strike a deal. Haslam said he has "four or five" stickingpoints in drafting an alternative to expanding the state’s Medicaid program known as TennCare, like by ensuringpeople buying insurance have “skin in the game” and that providers have incentives to control costs. He said healso is seeking a more objective way to identify what people would need to stay on traditional Medicaid rolls. “Idon’t think those (talks) will be definitive, like I’m going to come back tomorrow with a final answer,” Haslam toldreporters after addressing the U.S. Global Leadership Coalition in Nashville Thursday. After rejecting the federalgovernment’s offer to pay for most of the costs of expanding the state’s Medicaid program for low-incomeTennesseans under the Affordable Care Act, Haslam has spent the last few months trying to construct an alternateway to take advantage of those federal funds which would offer health insurance to more people.http://nashvillepost.com/news/2013/8/22/haslam_plans_dc_trip_to_move_needle_on_medicaid_compromise
Davidsonunemploymentrate dropsbelow7% (Nashville Post)
Davidson County saw its July unemployment rate of 6.7 percent drop from the June rate of 7 percent, according tostatistics the Tennessee Department of Labor and Workforce Development released today. Across the eight-county core of the Nashville MSA, the jobless rate also dropped to 6.7 percent. It was 7.2 percent in July of lastyear. The county continues to maintain the lowest unemployment rate of the state’s four major metropolitan areas.By the same token, Williamson County continues to have the lowest jobless rate in the state. By comparison, KnoxCounty’s July rate decreased to 7 percent from 7.3 percent. Hamilton County decreased to 8.6 percent from 8.8percent, while Shelby County was 9.8 percent, down from 10.3 percent in June. Tennessee’s preliminaryunemployment rate for July was 8.5 percent, which is unchanged from the June revised rate. The nationalunemployment rate for July was 7.4 percent, down two tenths of one percentage point from the previous month.The stats show the rates decreased in 79 counties, increased in 12 and remained the same in four counties.http://nashvillepost.com/news/2013/8/22/davidson_county_unemployment_rate_drops_below_7
KnoxCountyjoblessrate decreasesin July (Knoxville News-Sentinel)
Knox County’s unemployment rate for July decreased to 7 percent from 7.3 percent in June, the TennesseeDepartment of Labor and Workforce Development said Thursday. Davidson County had the state’s lowest majormetropolitan rate of 6.7 percent, down from 7 percent in June. Hamilton County decreased to 8.6 percent from 8.8the previous month. Shelby County was 9.8 percent, down from 10.3 percent in June. County unemployment ratesfor July decreased in 79 counties, increased in 12 counties, and were unchanged in four counties. Tennessee’spreliminary unemployment rate for July is 8.5 percent, which is unchanged from the June revised rate. The nationalunemployment rate for July 2013 was 7.4 percent, down two tenths of one percentage point from the previousmonth. http://www.knoxnews.com/news/2013/aug/22/knox-county-jobless-rate-decreases-july/ 
Memphis-area unemploymentrate dips amid high demand(CA/McKenzie)
Even in a region where about 58,700 people are on the jobless rolls, there are fields where job seekers are beingsnatched up by eager employers. But the hiring has made only a small dent in the stubbornly high unemploymentrate in Greater Memphis. In July, the metropolitan jobless rate dropped to 9.5 percent, from 10 percent in June,according to Tennessee Department of Labor and Workforce Development statistics released Thursday. One yearago in July, the unemployment rate was also 9.5 percent. While the region’s unemployment rate has nowsurpassed 8 percent for 56 straight months, there are signs the job market is heating up for those with the rightskills, training and college degrees. “Now is a wonderful time to be an electrical engineer,” said Eric Welch, dean ofengineering at Christian Brothers University in Memphis. In June, the jobless rate nationwide for people withbachelor’s degrees or higher and at least 25 years old was 4.2 percent. In contrast, the overall U.S. unemployment
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