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Battery materials maker Novonix plans to redirect a $100 million federal grant to boost production at its existing Chattanooga plant at the former Alstom site along the Tennessee River, according to the company.
Nearly half of Tennessee business leaders said they think the U.S. economy will worsen over the next year, but most think the chances of a recession are lower in Tennessee than the nation as a whole, according to a survey by the University of Tennessee released Wednesday.