e-Spin buying Raytheon property

Chattanoogan.com reports Nanoscience player eSpin Technologies Inc. is paying $1.4MM for property previously owned in the Chattanooga area by Raytheon.

Nashville R&D Park?

Keith Gregg of JRG Ventures is spreading the word about an incipient Sci-Tech park for Nashville that could rival similar campuses in Alabama, North Carolina and elsewhere. Gregg told us months ago he'd like to see something done in that category, and there's some evidence our post on IP lawyer Jack Waddey's fervent comments may have sparked renewed interest in such things. Well, it's fun thinking that, anyway.

Angels may have shot at CoreTech

CoreTech Industries President Greg Quinn told VNC earlier this week there might be room for more angel or VC investment in his firm, as the company rolls-out new products in the lightweight concrete, recycled paving, wind-to-energy and other enviro-friendly sectors. CoreTech is awaiting zoning approval and guarantees of incentives from state and local governments, before proceeding with their proposed green-technologies R&D park in Lebanon, Tenn., about 20 minutes drive from downtown Nashville. Long term, the park could grow to 250 acres, becoming home for as many as 100 companies and perhaps 1,000 workers. Right now, though, CoreTech is about a dozen fulltimers. We'll follow the story.