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Sprint closing call center in Blountville Feb. 5 — 444 to lose jobs

By Jeff Keeling Since December, Sprint employees everywhere had known the mobile phone company was planning job cuts in the near future. Today, more than 400 workers at Sprint's Blountville call center learned they would be among the casualties. The center will close Feb. 5, Sprint spokeswoman Roni Singleton said in an emailed statement. Sprint leaders spoke in December of plans to take up to $2.5 billion o ...

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NN Inc. completes $615 million acquisition of Precision Engineered Products

Johnson City -- NN Incorporated has completed its purchase of Precision Engineered Products. The Johnson City-headquartered manufacturer announced it would buy the company in August, at a cost of $615 million. Here is a copy of the full release: NN, Inc. Completes Acquisition Of Precision Engineered Products JOHNSON CITY, Tenn., Oct. 20, 2015 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR) a diversified industrial ...

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Coal slowdown leads to Erwin operations shutdown: CSX

CSX will close a locomotive service center, a project shop and a car shop -- and eliminate switching operations -- at its Erwin rail yard, the company announced today (see below). The decision is expected to eliminate around 300 jobs in one of the industries that helped establish the town. The company cited a combination of regulatory restrictions on coal and lower natural gas prices as the proximate causes ...

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Revised Tennessee Certificate of Public Advantage Law

PUBLIC CHAPTER NO. 464 SENATE BILL NO. 994  By Norris, Crowe, Mr. Speaker Ramsey  Substituted for: House Bill No. 1146 By Eldridge, Harrison, Lundberg, Hulsey, Holsclaw, Hawk AN ACT to amend Tennessee Code Annotated, Title 68, Chapter 11, Part 13, relative to hospital cooperative agreements. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE: SECTION 1. Tennessee Code Annotated, Section 68-11-1 ...

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Reports: NYSE halts Alpha trading, delisting Bristol-based company

            Multiple online reports indicate the New York Stock Exchange has halted all trading of stock for Alpha Natural Resources, the Bristol, Va.-based coal company, and that the exchange has begun the process of delisting Alpha. Alpha was told by NYSE officials in April that it was in a state of non-compliance because it had not traded above $1 a share for more than 30 days. Alpha said at the time it ...

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Bristol compressors to add 110 permanent jobs

BRISTOL, Va. – Bristol Compressors International, Inc., a leading global producer of compressors for use in air conditioning, heat pump and refrigeration systems, is planning to add 110 full-time jobs this spring. The company will first move 50 seasonal workers into permanent positions. Another 60 jobs will be added by the end of April, bringing the number of full-time positions to 738 at the Bristol site. ...

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Healthy snack manufacturer bringing 200-plus jobs to Kingsport

By Jeff Keeling A new company started by industry veterans will manufacture healthy snack foods in Kingsport, bringing an estimated 273 jobs to the area, officials announced today. Pure Foods will operate out of a building near the intersection of Interstates 26 and 81 in the Gateway Commerce Park, and invest $22 million in the operation’s initial phase. Sullivan County’s economic development agency, NETWOR ...

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Gas heat pump guru hoping for breakthrough year

Success could mean up to 200 local production jobs Story and photos by Jeff Keeling Their blue-clad components in various states of exposure, Michael Garrabrant's “babies” receive some last-minute testing and adjustment in a Johnson City shop. A handful of engineers and technicians tweak and monitor the four gas heat pumps connected to 80-gallon water heaters before their big debut in Pacific Northwest test ...

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S & ME acquiring Littlejohn Engineering

By Scott Robertson Two engineering firms that have taken part in several major projects in the Tri-Cities over the last few years are merging. S&ME, which has a Tri-Cities office on Eastern Star Road in Kingsport, is acquiring Littlejohn Engineering, which has an office on Sunset Drive in Johnson City, as a wholly owned subsidiary. S&ME is headquartered in Raleigh. Littlejohn is headquartered in Nas ...

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