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TOP STORIES FOR
WEDNESDAY, JANUARY 14, 2004
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West Carroll Board Approves Bank Lease |
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By Pat Cole
pcole@mckenziebanner.com |
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West Carroll Board members unanimously approved the
lease of the Trezevant property in front of the old
gymnasium to the Farmers & Merchants Bank for the period
necessary to demolish the older buildings and build a
new complex in downtown Trezevant.
Director of Schools Eric Williams told board members
renovation projects continue to be completed and they
had received an extension on the time needed to spend
the remainder of the grant monies received. Mr. Williams
stated there was approximately $41,000 remaining.
Windows have been ordered for the elementary school and
new computers were in the Title I classrooms. Older
computers have been moved to classroom areas so that all
classrooms now have computers available for use.
The board accepted a bid of $200 each for the buses from
Dale Nelson.
Board members also approved a new custodial position for
the high school. Mr. Williams noted that monies to pay
for the new position were available in federal funds
which can be moved to the general fund. The person
employed for this new position will be working the
nights of basketball games to provide for later cleanup.
Board members were thanked for the bonus received by
teachers in their December checks.
Mr. Williams informed board members that School Board
Appreciation Week would be January 25-31 and he was
certain all schools would be recognizing board members
in some way during that week. |
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Farmers & Merchants Bank to Purchase Bank of Dyer |
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Officials of Farmers & Merchants Bank of Trezevant has
announced that it has entered into a definitive
agreement to purchase certain assets of Bank of Dyer and
assume deposit liabilities of the Three Way Branch
located in Northern Madison County. The transaction is
subject to pending regulatory approval and is expected
to close during the First Quarter of 2004.
In making the announcement, Farmers & Merchants Bank
Chairman and CEO George Atwood cites the future growth
attractiveness of the Medina/Three Way community as a
basis for its decision to expand in this direction.
"While it remains in the early stages of residential
development, new families are continuously moving into
this area and most represent prospective customers for
this office" said Atwood. Bank of Dyer President Jim
Harrell said that while his organization had been
successful with this location, this sale provides an
opportunity to redeploy its resources to markets where
the bank already has greater customer concentrations.
Farmers & Merchants is an $85 million bank headquartered
in Trezevant and has existing offices in Carroll,
Gibson, and Hardeman counties. Bank of Dyer is a
subsidiary of Civitas BankGroup, Inc. an $830 million
organization headquartered in Franklin, Tennessee with
offices in Middle and West Tennessee. |
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Construction Begins on Profile Metals Expansion |
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By Joel Washburn
washburn@mckenziebanner.com |
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Construction began last week on the expansion to Profile
Metals in McKenzie. Profile has transformed from a
producer of wheel trim rings to a premier heavy stamping
operation making automotive exhaust components. The
company supports tier one automotive suppliers
throughout the southeast and midwest.
Norman French, Chief Financial Officer for Profile, Inc.
said the Southwind Construction Company of Milan would
add 18,000 square feet to the existing structure,
located in the North McKenzie Industrial Park.
Construction is expected to be complete by mid-April.
Along with the expansion, the company anticipates sales
will increase from $7 million last year to $12 to $16
million in the coming year. French said the company
would be adding employees to the existing workforce of
50. "These jobs are highly technical," said French. The
average production wage is approximately $11 hourly,
while other skills garner a wage of approximately $12
hourly. Profile operates two shifts daily and has worked
many Saturdays recently. |
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Water Board Approves New Well Motor |
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One of McKenzie's three fresh water wells will be
outfitted with a new motor in the near future after
Board members approved the purchase, which will tap
$10,382.00 from the Water Department budget.
The Board, during their regular meeting on Thursday,
January 8, was faced with the decision of repairing the
motor or replacing it after a slip-up in work being done
at the well resulted in the damaged engine. Costs of
repairs to the motor in the amount of $16,587.00, paid
by the insurance carrier for the company responsible for
the damage, have already been deposited in city coffers.
The total cost of a new motor was $29,927.00.
A call placed Friday morning to the company seeking
clarification of the mishap was not returned, however,
Water Board Chairman Kenneth Hopper indicated an error
was made during the installation of a new generator that
"ran the shaft through the top of the motor."
Water Board member Gene Hale stated, regarding the
decision to purchase a new motor, "We don't have a whole
lot of choice."
Mr. Hopper agreed, stating, "If something happened to
the big well we'd be down to that one small well." The
City currently maintains three wells, all of which are
located in the downtown area.
The Board approved unanimously the purchase of a new
well which will be installed by Campbell's Well Drilling
Inc. of McKenzie. Water Department Superintendent Tim
Waldrup stated the nearby company performs emergency
work for the Department and should be able to get
started on the project within the next two-to-three
days.
The generator being installed at the site of the damaged
well, located near the old depot, will replace the
defunct water tower located behind City Hall. The
generator will run continuously in the case of power
failure to provide water to the city, thereby meeting
state requirements for water supply during periods of
crisis.
The water tower remains full of water to provide
stability to the huge structure, explained Codes Officer
Ray Berryman. Otherwise, he stated, the structure would
be buffeted by the wind and fall.
"None of the water towers are empty," he stated.
Because the water tower located at the City Park is 28
feet too short to allow for simultaneous use of both
water towers currently in use by the city, the towers
located at the City Park and hospital are alternated
every two days to two and a half weeks according to
chlorine levels which are tested daily, according to
Superintendent Waldrup.
"We're in the process of getting an equalization valve
that operates by electricity. That's something we've got
to have (to allow concurrent use of the towers)," said
Mr. Hopper before the meeting.
In other business, Chairman Hopper announced the
extension of water service to the building site of Long
Heights Baptist Church was complete.
"They finished a couple of weeks ago," stated
Superintendent Waldrup, who lauded the professionalism,
competence and ease of working with U.S. Construction
Company of Arlington, the company contracted to perform
the work. Workers from the company will return during
better weather conditions to level the work site and
re-sow grass.
As approved by the Board some time ago, the extension
included the installation of a fire hydrant and
T-connection to allow for ease in adding additional
lines as adjacent properties are developed. |
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These
stories and more exclusively in the
print edition: |
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- Senator Alexander to Speak at Bethel
- Dr. James Potts Venerated in Congressional Record
- Hollow Rock-Bruceton School Board Commended on
Financial Condition
- Holland Family Protests Sewer Line
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Phone (731) 352-3323 or Fax (731)
352-3322
washburn@mckenziebanner.com
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