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Business news

Drew Leavy via Flickr

Nearly $8 billion wasn’t enough to convince one Tennessee health care company to merge with another this week. 

Nashville-based Amsurg made the offer to TeamHealth, a company based in Knoxville. TeamHealth's specialty is physician outsourcing — hiring and managing doctors for hospitals — while Amsurg is in a different line of work: It owns hundreds of surgical centers across the country.

Nissan USA

As the auto industry continues to grow in Tennessee and other southern states, Nashville is emerging as a business hub. The city is playing host to a growing number of industry gatherings.

This week it’s the Southern Automotive Conference. Last week, 150 senior leaders of Nissan, Toyota, General Motors and others spent a day in a corner of the Music City Center with bankers and analysts looking at what’s on the horizon.

Michael McCarthy via Flickr

In an attempt to diversify the state's attractiveness to visitors, tourism officials are eyeing growth in rural areas of Tennessee.

GM Spring Hill
Alan Poizner for General Motors

For just the second time since GM built a plant in Spring Hill 30 years ago, the automaker is hiring locally. The company has the potential to double its current workforce of 1,800 with two new vehicles to build.

Bridgestone Americas

Nashville-based Bridgestone Americas is a step closer to having vehicles rolling on domestically-produced natural rubber. The company is cultivating its own alternative to the rubber tree: a desert shrub found in the American Southwest.

Emily Siner / WPLN

Home prices in the Nashville area continued growing in September: The median sale price was $236,866, according to the Greater Nashville Association of Realtors — up 12 percent over last year.

Volkswagen

As an emissions cheating scandal turns into a full-blown crisis for Volkswagen, worry is building for the automaker’s future in Tennessee. VW is one of the most heavily subsidized industrial companies in the state.

Ian Muttoo / via Flickr

Nashville area home sales increased by double digits last month — the fourth time that’s happened this year. But the seasonal downshift appears to be underway. Closings are up nearly 17 percent over last year, but down slightly from the previous two months.

Robert Heller / Abe's Garden

An assisted living facility that caters to dementia residents is trying to make Nashville a hub for research in the growing field of memory care. Abe's Garden is a 42-bed complex near Belle Meade that's scheduled to open later this month.

GM

Nearly all of the hourly workers at General Motors’ plant in Spring Hill — 96 percent — voted to authorize a strike as a bargaining chip in upcoming negotiations with the United Auto Workers. Union leaders say it’s a "procedural" maneuver typically used ahead of formal talks on pay and benefits.

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