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TN Promise seeks thousands of mentors for students

TNAchieves has begun recruiting 9,000 volunteer mentors to meet its goal of providing every TN Promise applicant from the class of 2019 with a local support system. TN Promise affords every graduating high school senior in the state the opportunity to attend a community or technical college tuition free. Nearly 63,000 students from the Class of 2018 applied for the scholarship, which has a universal accept ...

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NETWORKS Sullivan Partnership releases new regional video

NETWORKS Sullivan Partnership, the economic development organization for Sullivan County and its cities of Bluff City, Bristol, and Kingsport, and marketing and recruitment arm for Hawkins County, launched the first of a series of promotional videos May 31 to serve as supporting pieces to the community video the organization first made public two years ago. Like the first video, the latest marketing piece w ...

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Northeast Tennessee’s Opportunity Zones announced

The state of Tennessee has announced the location of 176 Opportunity Zones, including several in Northeast Tennessee. Opportunity Zones are a new community development tool established by Congress in the Tax Cuts and Jobs Act of 2017. This new tool is designed to drive long-term capital to low-income communities. The new law provides a federal tax incentive for investors to re-invest their capital gains int ...

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Bristol Hotel owner, management team offer preview tour

Photo above: (L-R) Marcus McCall, Gavin Philipp and Kevin Kruse atop the Bristol Hotel. The Bristol Hotel, an independent boutique hotel originally slated to open in October, is now scheduled to open in late August, according to its principal owner. Marcus McCall of McCall Capital told reporters during an information session at the hotel May 24 that it would not be open in time for the August races at Brist ...

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Monro completes purchase of Free Service Tire Company

Photo above:(L-R) Lewis Wexler, Sr. Susan Wexler, Harrison Wexler, Lewis Wexler, Jr. Monro, Inc. (NASD: MNRO), the nation’s largest independently owned and operated auto service chain last week closed the purchase of 99-year-old Johnson City, Tenn.-based Free Service Tire Company. Monro will keep the Free Service branding in place along with 96 percent of the existing Free Service employees. The transaction ...

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Virginia governor announces SAIC to open VITA service center in Dickenson County

Virginia Governor Ralph Northam announced this week that the Virginia Information Technologies Agency’s (VITA) contract with Science Applications International Corporation (SAIC) will create approximately 40 information technology (IT) service desk jobs in Clintwood, Dickenson County, by this fall. “I am pleased that this partnership will create forty new jobs and have a significant economic impact in the r ...

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Hawkins County to be home to RMC Advanced Technologies US headquarters

Photo above: Tennessee Commissioner of Economic and Community Development Bobby Rolfe, right, and Sigma Industries, Inc., CEO Denis Bertrand flank an artist’s rendering of the Surgoinsville spec building. Clay Walker, Networks Sullivan Partnership is at far left. A Quebec-based advanced manufacturing company will locate its U.S headquarters and establish a manufacturing facility in Surgoinsville. RMC Advanc ...

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Tri-Cities Airport wins accounting award for 19th year running

For the 19th consecutive year, the Tri-Cities Airport Authority (TCAA) has been awarded a certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA) for its Comprehensive Annual Financial Report (CAFR). The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financ ...

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Tennessee Attorney General files suit against Purdue Pharma

Attorney General Herbert H. Slatery III, along with a bipartisan group of attorneys general, sued Purdue Pharma today for its unlawful marketing and promotion of OxyContin and other drugs and its role in causing and prolonging the opioid epidemic in Tennessee. The State’s lawsuit, filed in Knox County Circuit Court, alleges Purdue violated the Tennessee Consumer Protection Act, violated its 2007 settlement ...

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AAA: Expect gas prices to rise on Iran deal concerns

The highest gas prices in Tennessee are found in Bristol, Kingsport and Johnson City, according to AAA monitoring. Now comes word those prices will likely increase nationwide in the coming weeks. The state average is the same as last week, and 22 cents less than the national average. However, Tennessee motorists are paying 47 cents more per gallon than this time last year. · The most expensive gas price ave ...

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