Thursday, July 8, 2010

Local business briefs: Community Health Systems expands in S.C.

Community Health Systems Inc., the Franklin-based hospital operator, said a subsidiary has acquired the assets of a hospital system in South Carolina.
Marion Regional Healthcare System of Marion, S.C., includes the 124-bed Marion Regional Hospital, the 92-bed Mullins Nursing Center skilled nursing facility and ancillary services. Marion Regional Hospital becomes the sixth Community Health-affiliated acute care hospital in South Carolina.


Apply online for LinkTenn awards

The state Department of Economic and Community Development is taking online applications for its 2010 LinkTenn awards, which recognize economic development efforts that use online tools.

The Third Annual LinkTenn awards will be presented Sept. 16 at the Governor's Conference on Economic and Community Development at the Nashville Convention Center. The deadline for applications is Aug. 20.


A+ Secure Packaging to create 30 jobs

A+ Secure Packaging will lease nearly 34,000 square feet of space in the Three Oaks Center at 339 Mason Road, and will create up to 30 jobs at the site, the company said. It provides a variety of packaging services for pharmaceutical and medical-device manufacturers, using automated equipment.


Tractor Supply sales increase

Brentwood-based Tractor Supply Co.'s sales rose in the second quarter on the strength of pet food and animal feed sales, and the company that caters to small farmers, ranchers and those who live a rural lifestyle expects to beat annual sales expectations this year. The company said it expects second-quarter profits to reach $75.6 million to $76.7 million, or $2.03 to $2.05 per share.

Chairman and CEO Jim Wright said he was "delighted" with the recent performance. Tractor Supply will release its full second-quarter results on July 21.

The company also raised its expectations for fiscal 2010 sales to a range of $3.49 billion to $3.53 billion, compared to previous expectations of $3.44 billion to $3.5 billion. Same-store sales are expected to increase by 2.5 percent to 3.5 percent from prior forecasts of 1 percent to 3 percent. Annual profits are expected to range from $4 per share to 4.10 per share.


LifePoint bid for Sumner hospital approvedMortgage Rates at Lowest Level in Six Weeks