Tag: economy

Economic Boost: Clayton Believes Extending Home Buying Tax Credit Will Help Economy

Posted by Shane Rhyne – November 9, 2009

Clayton Homes Logo

KNOXVILLE, Tenn. – The President/CEO of America’s largest homebuilder said today that extending and expanding the tax credit for homebuyers has the potential to help businesses across the nation.

“Building homes helps build a growing economy,” said Kevin Clayton, President and CEO. “The tax credit will further stimulate demand and encourage many people that may have been uncertain, to take the step and buy a home now. There couldn’t be a better time to buy; rates are low, prices are very competitive and now the tax credit has been extended AND expanded. It’s perfect.”

The tax credit first put in place earlier this year was set to expire at the end of this month. On Thursday, Congress voted to not only extend the $8,000 first time buyer tax credit, but also to expand the offer to include a $6,500 credit for many who already own a home and are now ready for their next home. President Obama then signed the bill into law, meaning the tax credits will be in place on homes purchased through at least April 30, 2010.

“Clayton Homes will do all we can with every program to help people become homeowners.” said Clayton. “It is an opportunity that will not be available again and buyers must demand the most for their money, while looking for the best value.”

Clayton Homes has offered a variety of incentives in addition to the tax credit to help people make the decision to buy. Clayton said the firm is already looking at extending such offers or creating new ones now that the tax credits will remain in place. 

“This is perfect for the homebuyer. And we’ll do everything we can to get more people into homes, keep our 12,000 employees working hard and do our part in helping the economy recover,” said Clayton.

Clayton, a Berkshire-Hathaway company, has built more than a million homes since 1934. More information is available at www.claytonhomes.com.

About Clayton Homes:  A Berkshire-Hathaway Company, Clayton Homes is a national, vertically integrated housing company. Through its family of brands, Clayton Homes builds, sells, finances, leases, and insures a full spectrum of affordable housing and is the nation’s number one retailer of modular and manufactured homes.

Media Contact
Mike Cohen
(865) 584-0550
mcohen@ackermannpr.com

For Second Year, Oak Ridge Staffing Firm, RecruitWise Makes Inc. 5000 List

Posted by Amelia Daniels – August 27, 2009

RecruitWiseLogoOak Ridge, TN – Inc. magazine ranked RecruitWise No. 2738 on its third annual Inc. 5000, an exclusive ranking of the nation’s fastest-growing private companies.  The list represents the most comprehensive look at the most important segment of the economy – America’s independent-minded entrepreneurs.  The Oak Ridge-based company, RecruitWise, provides technology recruiting and staffing services in Tennessee. 

“We’re honored to be on this year’s list again,” says Glenn Zahn, RecruitWise founder and CEO.  Zahn admits he was surprised to have jumped more than 1200 spots from No. 4013, the rank his firm received last year.  “There’s a good possibility many of those companies either didn’t survive the recession or have leveled off.” 

Zahn credits the growth in 2008 to his staff’s flexibility.  “We didn’t stand still when the economy started to worsen,” says Zahn.  RecruitWise, a company that focused exclusively on IT placements, expanded its capabilities and worked with executive placements as well.  RecruitWise is similar to other companies on the Inc. 5000 list in that way.  According to Inc. magazine, despite the ongoing recession, aggregate revenue among the 5,000 featured companies actually increased to $214 billion, up $29 billion from last year, with a median three-year growth rate of 126 percent.

Inc5000 logoEven though unemployment has risen significantly in 2009, the need for the company’s services is on the rise, according to Zahn.  “One out of every ten people is unemployed in Tennessee, which means there’s an influx of candidates but fewer jobs.  It can be a nightmare for the average human resource department that gets flooded with unqualified applicants.” 

RecruitWise offers qualified candidates for its clients who need to find ‘the right fit.’  “When a company works with RecruitWise, there are no piles of resumes or unqualified online applicants to trudge through,” says Zahn.  “We qualify and guide our candidates through the hiring process; drastically cutting the total time and effort to hire.”

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.Inc.com.  More information about RecruitWise can be found at www.RecruitWise.jobs. 

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Media Contact
Amelia Daniels
(865) 584-0550
adaniels@ackermannpr.com

About RecruitWise
RecruitWise provides information technology recruiting and staffing services.  RecruitWise not only survived the .com bubble burst in 2000 and 2001, the company experienced phenomenal growth during that time. RecruitWise has been on the Business TN Fast 50 list and was the first recruiting firm in the Southeast to earn the Accredited Firm credential from the National Association of Personnel Services.