May 14, 2025 - 22:13
The owner and president of Auratone, a Nashville-based company renowned for producing loudspeakers favored by music legends, is contemplating relocating the family business overseas. This difficult decision arises from the imposition of tariffs that have significantly increased production costs. The owner expressed deep concern over the financial strain these tariffs place on the company, stating, "We can't double the price" of their products without risking their market competitiveness.
Auratone has been a staple in the music industry, providing high-quality sound equipment to artists and producers alike. However, the current economic climate, exacerbated by these tariffs, threatens the viability of maintaining operations in the United States. The potential move overseas could not only disrupt the local workforce but also diminish the company's longstanding ties to the Nashville music scene. As the owner weighs the options, the future of Auratone hangs in the balance, reflecting broader challenges faced by many American businesses in today's economy.
June 13, 2025 - 21:32
Declining Business Tax Revenues Continue to Raise ConcernsSenate budget writers may be hopeful about future business tax revenues for the upcoming biennium, yet the figures from May reveal a troubling decline. Recent data indicates that business tax...
June 13, 2025 - 02:33
Brian Rolapp to Lead PGA Tour's New Commercial DivisionIn a significant move, Brian Rolapp, a prominent executive from the NFL, is set to transition to the PGA Tour as the inaugural CEO of its newly established commercial division. This appointment...
June 12, 2025 - 20:27
Complimentary Small Business Counseling Launches in Blowing RockBLOWING ROCK, NC — The Blowing Rock Chamber of Commerce is excited to introduce free small business counseling sessions, starting June 10. These sessions will be held biweekly on Tuesdays from...
June 12, 2025 - 10:03
Newport's Economic Leaders Introduce AI Resource for Local EnterprisesThe Newport Area Chamber of Commerce and the Newport Economic Development Commission (NEDC) are launching an innovative tool designed to support local businesses, landlords, and realtors. This new...