Thursday, June 17, 2010

Treadmill Doctor Closing Operations In Four Cities

“Treadmill Doctor is closing city operations in St. Louis, Atlanta, Birmingham and Mobile, Ala. The fitness equipment repair company cites increases in state and local taxes, including unemployment taxes, in those cities as the primary reason behind the decision. Treadmill Doctor will eliminate five jobs because of the closures. It will maintain its Nashville location at 2803 Foster Ave, Ste. 108. Jon Stevenson, president of Memphis-based Treadmill Doctor, said the locations were ‘marginally profitable,’ but the tax increase of 241.97 percent on a year-to-year basis destroyed that profitability...

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