Tennessee Gov. Bill Haslam and the Department of Economic and Community Development announced Monday that the state is opening four international offices that will focus on increasing exports from the state. The new development offices will be in Mexico, the United Kingdom, Germany and China.
ECD Commissioner Bill Hagerty says this step is imperative if Tennessee wants to access untapped markets. The overseas offices will help small and medium sized businesses navigate the exporting process by providing market analysis, sales and marketing planning, identification of distribution partners and company matchmaking free of charge.
The U.S. Department of Energy is seeking proposals from companies for the Paducah Gaseous Diffusion Plant to try to cut costs while preserving some or all of the 1,200 jobs at the the uranium enrichment site.
An emailed release from the DOE details a formal request for proposals from companies that want to lease or purchase the facility for commercial purposes.
Package liquor sales could begin as early as next week in Murray. Earlier this week the Kentucky Department of Alcoholic Beverage Control issued the first packaged alcohol licenses for Murray liquor stores.
Some Illinois bar owners say they're already profiting big from video gambling games that went live statewide late last year. Players statewide in December lost nearly $7 million. Establishments kept almost two and a half million dollars, the state earned $1.75 million and cities and counties combined made about $350,000.
More gold bars could be headed to Tennessee if one Republican lawmaker from Rutherford County has his way. A bill introduced last week would repeal the state’s sales tax on precious metals.
Gold investors range from savvy stockbrokers to seniors convinced by infomercials that precious metals will keep them safe from economic calamity. If they just receive a certificate and keep the physical gold in a tax-free state, they can avoid the sales tax in Tennessee.