Bill Diebenow Properties

By Adam Sichko – Senior Reporter, Nashville Business Journal Feb 13, 2023 Rising sales of electric vehicles, and one gigantic customer order, are propelling a nearly 270-job expansion for a company that makes the charging stations that replenish battery power in those vehicles. Australia-based Tritium DCFC Ltd. (Nasdaq: DCFC) is banking on its Lebanon facility, east of Nashville, to support the largest backlog and biggest sales in its 22-year history. The company is one example of the surge in jobs announcements tied to the electric vehicle industry that is quickly emerging across Middle Tennessee and the entire state — including automakers, battery makers and companies mining metals for those batteries. Tritium's growth during its brief time in Lebanon mirrors the company's recent ascent: Eight months ago, Tritium began assembling charging stations on one production line. Two lines operate today, with plans to add three more this year. Tritium workers made 400 charging stati...

Click for brief 2-min video The WSJ/Mansion Global article (February 2) provides an interesting real estate overview using nationwide data from Realtor.com. It is titled Home Buyers Are Looking at Far More Bargaining Power . You should check it out, and I have provided the link below. But I would be cautious about over reliance on this information in the Middle TN marketplace. I would also caveat that its usefulness has a limited time horizon. If you are considering a home purchase, action in February and into early March would serve you well. The article contends that buyers today have far more bargaining power than during the housing run up to May 2022. That the number of homes for sale, which across the country soared 65.5% year over year, gives buyers more options to choose from. Therefore, buyers have a negotiation platform so different from the fierce competition that helped push prices skyward over the past two years. All true on a general basis. However, in Middle TN, the soft...