http://www.blueridgecos.com/news/index.php en-us CuteNews http://www.blueridgecos.com/news/index.php?subaction=showfull&id=1395152828&archive=
Gov. Bill Haslam said in a release that the German company plans to spend up to $140 million on the project to build the plant in the city's Panasonic building.

Troy McGhee, vice president of manufacturing for Fresenius Medical Care North America, cited the available workforce, the existing facility and the location as factors in the decision to locate in Knoxville.

A first production line is scheduled to begin moving to Knoxville in September, but production is not expected to begin until 2016. The Federal Drug Administration would have to approve the plant for production of dialysis products.

Source: Knoxvile News Sentinel]]> 1395152828 Tue, 18 Mar 2014 07:27:08 -0700 http://www.blueridgecos.com/news/index.php?subaction=showfull&id=1395152717&archive=
With a median home sales price in the Knoxville metro area of $140,000 in the fourth quarter of 2013, about 77.4% of homes are affordable to families earning the local median income ($60,700), according to data from the National Association of Home Builders. Across the country in Los Angeles, the median family income is pretty similar–$61,900–but only 20.6% of the homes on the market are affordable to a family with that level of income.

Source: Forbes]]> 1395152717 Tue, 18 Mar 2014 07:25:17 -0700