America’s most promising company is in Brentwood

By Geert De Lombaerde Posted on September 17, 2009 at 8:27 am

A Brentwood-based trio of veteran engineers and business development execs top Forbes‘ list of America’s Most Promising Companies. Pictured above are Robert Tryon, left, Loren Nasser and Animesh Dey, who founded Vextec nine years ago and have in recent years begun building a strong base of commercial customers for their modeling software business.

Their aim: to hasten the design of everything from engine parts to medical devices–all while slashing research-and-development expenses and even opening doors for new competitors.

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Tags: Brentwood, Davidson County, engineers, entrepreneurship, Forbes, information technology: manufacturing, manufacturing, software, Vextec Inc.  

Area water infrastructure projects land loans

By Geert De Lombaerde Posted on September 4, 2009 at 7:07 am

The Tennessee Local Development Authority has approved $37 million in loans to various projects around the state. The money’s coming in part from federal stimulus programs. The Nashville area is getting the following:

Town of Smyrna (Rutherford County) –for green-treated wastewater reuse and new storage tank project. Total: $5,750,000. Loan: 20-year loan for $3,450,000. Interest Rate: 2.14 percent. Principal Forgiveness: $2,300,000.

City of White House (Robertson/Sumner Counties) – for construction of approximately 2,500 LF of gravity sewer lines, 2,500 LF of force main, 16 manholes, and a new duplex sewer lift station at Copes Crossing to replace the existing Tyree Springs sewer lift station. Total: $1,000,000. Loan: 20-year loan for $600,000. Interest Rate: 1.77 percent. Principal Forgiveness: $400,000.

Madison Suburban Utility District (Davidson County) – for green-water treatment plant improvements with sustainable practices for water and energy efficiency via the automation and integration of processes and equipment and the conversion from chlorine gas to liquid bleach. Total: $1,100,000. Loan: 20-year loan for $660,000. Interest Rate: 2.86 percent. Principal Forgiveness: $440,000.

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Tags: Davidson County, government stimulus, infrastructure, Madison, Robertson County, Rutherford County, Smyrna, Sumner County, water, White House