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American Merchant to open towel plant in Bristol, Va.: Commonwealth steers 400+ manufacturing jobs Bristol’s way

Photo above: Virginia Governor Terry McAuliffe presents Merchant House International Ltd., Chairwoman and Founder Loretta Lee a flag from the Virginia Capitol Building as company executives, economic development officials and local dignitaries look on. By Scott Robertson Hong Kong-based Merchant House International, Ltd., subsidiary American Merchant will invest $19.9 million in a towel-making plant in Bris ...

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Aerospace Park grant application in state’s hands: TDOT’s answer expected this month

By Scott Robertson The Tennessee Department of Transportation’s (TDOT) Aeronautics Division has all the applications for a one-time Aeronautics Economic Development Fund grant offering in hand, and says it will award those grants this month. Tri-Cities Airport submitted an application for $8,150,000 of that money in December to cover construction costs for Aerospace Park, the airport authority’s planned bus ...

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2017 a banner year for Tri-Cities real estate: Trends bode well for 2018 as well

Photo above: Pickens Bridge Village photo courtesy UDC By Don Fenley For the first time since the Great Recession, the Northeast Tennessee – Southwest Virginia real estate industry heads into a new year with more checkmarks in the positive column than the negative. By all measures the market is fully recovered from the recession. The consensus of real estate professionals who spoke to The Business Journal f ...

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KOSBE Awards fete Tri-Cities entrepreneurs

Photo above: The 2017 KOSBE Award winners Photos by Linda Coffey, Coffey Shots Photography The Kingsport Office of Small Business Development and Entrepreneurship (KOSBE) honored a dozen area businesses at the 2017 KOSBE Awards Dec. 14 at the MeadowView Marriott Conference Resort and Convention Center. Special guests Fred Cooper and Rick Jennings of Dickinson, which recently purchased Kingsport Book, shared ...

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Heeere we go!

By Scott Robertson The table is set for a remarkable year. Nationally, the tax package has been signed into law, so money that has been on the sidelines should start flowing back into the economy. The stock market is strong. Unemployment is low. We are told our trade situation will begin improving as existing agreements are modified or scrapped. Senators Collins and Alexander say they have been told the hea ...

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RCAM Academy at Northeast State poised to open

An expansion of the Regional Center for Advanced Manufacturing (RCAM) is nearing completion as Northeast State Community College enlarges both its technical training capabilities and dual enrollment opportunities for high school students around the region. The new facility known as the RCAM Academy at Northeast State prepares to open its door and welcome students in the Spring 2018 semester. The two-story, ...

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25th Annual 40 Under Forty Gala

The 1,000th member of the Tri-Cities’ class of 40 Under Forty honorees was named at the 25th Annual 40 Under Forty gala Oct. 6 at the Millennium Centre in Johnson City. “The 40 Under Forty program, initiated by what was then The Business Journal of Upper East Tennessee and Southwest Virginia in December, 1993, has taken note of individuals who have gone on to become successful entrepreneurs, C-suite executi ...

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Region’s governments unite behind Aerospace Park: Up next: TDOT grant application

Photo above: Bristol Mayor Jack Young, Johnson City Mayor David Tomita, Kingsport Mayor John Clark, Sullivan County Mayor Richard Venable, Washington County Mayor Dan Eldridge and Tri-Cities Airport Authority Chairman Dr. Jon Smith at a Regional Partnership Agreement signing ceremony at Tri-Cities Airport Nov. 8. Photo by Dave Ongie By Dave Ongie and Scott Robertson The mayors of five northeast Tennessee ci ...

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BTES wins Baldrige Award

Photo above: (L-R top row): Supervisor of Customer Service Diane Smith, Supervisor of Networks Michael Parker, System Engineer Chris De Troye, Supervisor of Electric Engineering David Hacker, Supervisor of Purchasing and Stores Cody Johnson, Customer Relations Representative Leslie Blevins, (L-R bottom row) Business Development Manager April Eads, General Accountant Heather Jenkins, Network Specialist Jesse ...

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