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Moody’s Investor Service assigns Aa2 rating to Tri-Cities Airport bonds

Moody's Investors Service has assigned an initial Aa2 rating to Tri-Cities Airport Authority’s $8.5 million Aerospace Park Bonds, Series 2018 (Federally Taxable). The proceeds will be used to fund construction, site development, infrastructure, paving and utilities for the Aerospace Park project. Proceeds will also be used to pay capitalized interest on the Series 2018 Bonds during construction. The bonds a ...

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State-of-the-art ICU unveiled at Mountain Home

Above: Members of the Mountain Home VA Medical Center leadership team and staff join with those who helped complete the new 13-room ICU project for a ceremonial ribbon cutting. PHOTO BY DAVE ONGIE By Dave Ongie It’s been a long time coming, but the new 15,000-square-foot Intensive Care Unit unveiled inside the Mountain Home VA Medical Center last week appears to be well worth the wait. Members of the staff ...

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Tennessee furniture company bringing 79 jobs to Lee Co., Va.

England Furniture, a New Tazewell, Tenn.-based manufacturer of upholstered furniture, will establish a manufacturing operation, at the 32,000-square-foot Lee County Industrial Building, in Lee County, Va. The project of the La-Z-Boy affiliated company is expected to create 79 new jobs.  “We are delighted to expand our operations into the great state of Virginia,” said Terry England, president, England, Inc. ...

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Crowe bill to balance proprietary records with open record access and accountability passes committee

NASHVILLE – Legislation which seeks to balance proprietary records with open record access and improved accountability as it addresses the Wellmont–Mountain States merger, was approved by the Senate Health and General Welfare Committee on Wednesday.  Senate Bill 2048, sponsored by Senate Health and General Welfare Committee Chairman Rusty Crowe (R-Johnson City), enhances reporting requirements for the compa ...

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Eastman recognized for sustained support of U.S. National Guard and Reserves

From left: Jerry Bush, Northeast Tennessee ESGR Committee Vice Chair; Etta Clark, Eastman Vice President of Global Public Affairs & Policy; Todd Akard, Eastman Recruiter; CeeGee McCord, Eastman Director Global Public & Community Affairs; Retired Air Force Brig. Gen. Jim Mungenast, ESGR State Chair; Perry Stuckey, Senior Vice President and Chief Human Resources Officer; Brandon Horne, Eastman Operato ...

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Crowe: State, Ballad in talks regarding proprietary information

Above: District 3 State Senator Rusty Crowe (File photo) By Scott Robertson Representatives of Ballad Health are in "constructive talks" with the Tennessee Attorney General's office and the Department of Health regarding an amendment or amendments to a bill that aims to remove many Ballad Health documents from the public record. District 3 State Senator Rusty Crowe sponsored Senate Bill 2048, which removes ...

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Tennessee Issues Certificate of Public Advantage for Wellmont, Mountain States to Become Ballad Health

Merger Approved after Deliberate and Thorough Public Process NASHVILLE, Tenn. – Tennessee Department of Health Commissioner John Dreyzehner, MD, MPH today announced the state is officially allowing a merger of Wellmont Health System and Mountain States Health Alliance by issuing a Certificate of Public Advantage or COPA to their parent company, Ballad Health. An official announcement is expected from the tw ...

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Ron Ramsey hired to lobby for Aerospace Park

Ramsey in the Senate chamber. File photo WCEDC hires former Lt. Gov. to help secure legislative appropriation By Scott Robertson In the gig economy, everybody’s got a side hustle, even former lieutenant governors. Ron Ramsey, the Blountville-based auctioneer who represented Northeast Tennessee in both the State House and Senate before retiring from the position of lieutenant governor last year, has been hir ...

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BrightRidge board votes to seek regulatory approval for high speed broadband project

BrightRidge Board Chair Dr. B.J. King and CEO Jeff Dykes JOHNSON CITY -- BrightRidge Board of Directors voted unanimously Tuesday to seek regulatory approval for a phased, 8-year roll out of high-speed internet, television and phone services to its 78,000-customer service area. 
 “There is no doubt that the essential utility of the 21st century is high-speed internet,” BrightRidge CEO Jeff Dykes said. “Howe ...

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AGC Glass North America to expand operations in Church Hill

Tennessee Department of Economic and Community Development Commissioner Bob Rolfe and AGC Glass North America officials announced today that the company will expand its operations Church Hill. The glass manufacturer will invest $40.6 million and create 85 new jobs in Hawkins County. “I want to thank AGC for creating more than 80 new jobs and investing over $40 million in Hawkins County,” Rolfe said. “AGC is ...

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