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CoreTech reacts, questions linger

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By JOHN B. BRYANThe Wilson Post

CoreTech Industries President Greg Quinn responded to The Wilson Post yesterday defending his company in view of recent public criticism.

In an article published yesterday in a local daily publication, Quinn’s company was accused of not paying corporate taxes and alleged its CEO was targeted in a U.S. Senate investigation.

Quinn said the story is “not accurate” and is slanted in an effort to derail his company’s efforts in moving their corporate headquarters to Wilson County. He said the story shines a negative light on his company and questions the accuracy of the so-called investigation.

"CoreTech Industries, Inc. is very disappointed in the misleading information recently provided through The Lebanon Democrat about our company and principals. It is a poor testament to quality media for this kind of inaccurate information to be portrayed as factual,” Quinn said.

Mayor Philip Craighead wasn’t quick to point fingers at the start-up company, noting in a prepared release, “We (the City of Lebanon) have been excited about the Headquarters project that Greg Quinn at CoreTech told to the City they were bringing. We are concerned about these recent questions relating to the past relationships of some of the other CoreTech officials, and how they relate to this project. We understand that this is a start-up company here in North America, so we were unable to find a long company history.

“When the City and JECDB (Joint Economic & Community Development Board) first began working with this company, CoreTech had just begun operations in Cumberland City, Tennessee, and had already worked with the State of Tennessee. I am a firm believer that we should not pass judgment on anything until we get the full picture. We will continue to gather more information on CoreTech and their background.”

According to a source, CoreTech has not purchased any land nor has there been a permit pulled for the old Walmart shopping center for the company to set up a temporary location.

In an effort to explain about the back taxes, Quinn offered, “The facts are that CoreTech and the IRS are working through any back tax issues, and these are being handled between the IRS and our Corporate Accounting office in Washington.

"We have been very clear since our announcement in Lebanon that we had yet to migrate offices into one location, and with Accounting in one place and Operations in another, these kind of things can happen. While unfortunate that this type of mistake has occurred, it is being handled and should be of no concern.           "Related to the issues of our CEO, they were totally taken out of context, and I informed The Lebanon Democrat reporter that he was going down a path of error, yet he didn't call our CEO as I suggested in gaining the facts," Quinn added.  "Our CEO, Mr. (Scott) Brett, testified before a Senate Subcommittee back in 2001 related to a Dominica bank start-up, yet his testimony was against a former partner in that bank failure, and Mr. Brett was found innocent of any wrongdoing.

"Concerning the confusion of the CoreTech address, I can understand how The Democrat reporter could mistake TSM with UPS; they are after all both abbreviations within our alphabet.  TSM stands for Tennessee Sports Medicine, and we have been in the TSM building in Mt. Juliet for some time, Quinn explained. 

"However, CoreTech has never used the UPS Store for any company address. If delivering packages for shipment through the UPS Store makes us guilty of having a UPS Store address, then perhaps most businesses in Wilson County share our same UPS address," Quinn added.

This newspaper confirmed with Quinn his company’s address in Spokane as 1818 West Francis, Suite 160. Quinn also said his company has several addresses in Washington, another being 7910 North Maple.

When The Wilson Post entered the addresses in a GOOGLE search on the Internet the 1818 West Francis location came up as being a strip mall or shopping center. No CoreTech Industries was listed at this address. The address did, however, list a UPS store as one of the tenants. On the other hand, the 7910 North Maple address came back to a residential subdivision. All GOOGLE address searches are not precise and display a disclaimer stating that.           Quinn concluded, "Should Wilson County and Lebanon wish to know the facts about our Company and our plans, we have never been shy about providing factual information. We have been very open and forthright since we chose to make Lebanon home. We have initiated programs of benefit to the children of our community through the CoreTech Education Initiative, we have spent thousands of dollars on CoreTech Park architectural and engineering design, we have helped promote green technology development within Tennessee, we have already convinced other companies to consider CoreTech Park their new home, and we still plan to hire hundreds of employees within this region. 

“Our plans haven't changed,” Quinn said. "I guess it comes down to what kind of information someone chooses to believe; truth or fiction."

G.C. Hixson, executive director of the JECDB, was out of town and unavailable for comment.

Billy Weeks, commissioner of Safety for the City of Lebanon, said, “The Lebanon Police Department is acting independently from the city council in cooperation with the city attorney in looking into the background of CoreTech and their officers. We have a duty and obligation to do what we are sworn to do…we are not trying to do anything except protect the citizens of Lebanon.”

CoreTech Industries announced plans to locate its campus near I-40 and South Hartmann Drive in September 2008 as the first in the nation devoted exclusively to development and marketing of green technologies.

Publisher John B. Bryan may be contacted at jbryan@wilsonpost.com.

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