Sign’s up at the new Mathis Builders Hardware & Supply Co. on John Davenport: For months, Lee Bagley’s Prestige Builders have been shaping the new home of Mathis Builders Hardware and Supply just down the road from Life’s Church’s campus at the road’s intersection with North Second Avenue. Mathis has had a busy few years, including building the Mathis True Value/strip center behind its current home on Shorter Avenue at Carter Street. One of the slots adjacent to the True Value will soon be home to Dos Bros. Mexican Grill, opening in roughly three months. We’re estimating the new Mathis location should be ready by year’s end.
Shaw plans $35 million ‘modernization project’ in Chickamauga/Walker County. About the decision:
” We employ approximately 1,000 associates at Plant SI, which creates primary and secondary backing for soft surface products (which include carpet, carpet tile & turf). To remain competitive in the marketplace, we perpetually look at how to improve our operations — including ways that we can build upon our long-standing high performance at our Chickamauga facility.
“As part of our long-held commitment to continuous improvement and innovation, we are carefully evaluating options to modernize the facility and our equipment – employing even more advanced manufacturing techniques to meet the needs of our customers. Potential tax abatements/incentives are an important part of that decision process and impact our ability to compete successfully in the marketplace for the short- and long-term as we look to make significant investments in the facility and thus our people and the community.” — Don Archer, Global Sourcing Director – Real Estate, Capital, and Fleet, Shaw Industries Group, Inc.
United Community Banks reports second-quarter net income of nearly $44.1 million, up 11 percent from $39.6 million a year earlier. Core transaction deposits grew by $167 million, or 9% annualized.