When you figure out how to turn garbage into gold, get other people to pay you to take their garbage

When you figure out how to turn garbage into gold, get other people to pay you to take their garbage

The phenomenon that is #2020 continues unabated. Massive unemployment. Trillions of dollars of new debt. A pandemic. Racial strife. Murder hornets. Fire tornadoes. Zoom meetings. Z ...

Q&A: Mark Costa, Eastman Board Chair and CEO

Q&A: Mark Costa, Eastman Board Chair and CEO

Over the course of a century, Eastman has been led by men whose focus ranged from visionary to operationally-focused on a granular level. Perley Wilcox, who negotiated the purchase ...

Ernie Rumsby, T-C MAC founder passes away

Ernie Rumsby, T-C MAC founder passes away

Above: Ernie Rumsby, right, during a 2018 presidential visit to Johnson City. The man who has, for most of the last decade, served as the face and voice of veterans in the Tri-Citi ...

The Business Journal Q&A

The Business Journal Q&A

Q&A: Senator Marsha Blackburn Much has been made of the United States’ debt to China, currently around $1.08 trillion. In the few decades since China went from being an entirel ...

Ballad using debt to protect cash reserves into autumn

Ballad using debt to protect cash reserves into autumn

by Scott Robertson The COVID-19 pandemic has played havoc with the revenue stream at Ballad Health, but administrators are using a pair of no- to low-interest debt instruments to p ...

Saving Jobs: Economic developers say “complex” Domtar deal took teamwork

Saving Jobs: Economic developers say “complex” Domtar deal took teamwork

by Scott Robertson Clay Walker, CEO of NETWORKS Sullivan Partnership and Lynn Tully, Northeast Tennessee director for the Tennessee Department of Economic and Community Development ...

Tri-Cities economy shedding jobs

Tri-Cities economy shedding jobs

More worrying: Labor force participation on decline by Don Fenley WARN Act-mandated layoff notices are piling up in northeast Tennessee and southwest Virginia. Utility Trailer in G ...

Food City working to supply masks for employees

Pictured above, Steve Smith, CEO K-VA-T Food Stores K-VA-T Food Stores CEO Steve Smith told reporters in a video conference Tuesday morning his Food City chain is working to purchase enough masks for every employee who wants one to be able to wear one at work. “Our associates are free to wear them as they desire, and hopefully we will be supplying them by sometime next week,” Smith said. “In the meantime, i ...

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TRI virtually deserted, but budgeting for upcoming fiscal year

By Scott Robertson It’s 10 a.m. Monday at Tri-Cities Airport in Blountville. The parking lot is virtually empty, save for overflow of rental cars nobody’s renting. The three TSA agents estimate they’ve allowed around a half-dozen travelers to the gates this morning. The gift shop closed a few days ago with no pre-determined re-open date. And, upstairs in the conference room, the airport management staff is ...

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New Dates announced for the 2020 Tennessee Valley Corridor National Summit

The Tennessee Valley Corridor (TVC) has announced new dates for its 2020 National Summit celebrating 25 years of innovation in transforming the region. The Summit will now be held July 15-16, 2020 at Milligan College in Johnson City, Tenn. As the novel coronavirus (COVID-19) outbreak continues to impact daily life, organizers felt this postponement would help ensure the safety and well-being of the hundreds ...

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ACP utilizing compounding lab to produce hand sanitizer for use in region

Pictured Above: Dr. Faisal Hossain, left, and Dr. Mamoon Rashid with several bottles of the hand sanitizer now being produced at ACP As the demand for hand sanitizer has grown and supplies of it have become almost non-existent as a result of the current Coronavirus (COVID-19) pandemic, the Appalachian College of Pharmacy (ACP) has ramped up its compounding lab and turned the lab’s focus to production of han ...

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Food City adjusts to strained supply chain, adds employee bonus plan

Pictured above: Food City President and CEO Steve Smith In a wide-ranging virtual press conference, Food City President and CEO Steve Smith announced Tuesday his company has joined a long list of grocery retailers offering increases in compensation for employees. “We are in the process of implementing a bonus payment system totaling around $3 million to reward our associates for their hard work and unpreced ...

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Senator Crowe dedicates office staff to helping constituents navigate COVID-19 resources

Senator Rusty Crowe (R-Johnson City, pictured above), Chair of the Senate Health and Welfare Committee, announced today that due to the numerous calls and requests coming in regarding the coronavirus situation, he has officially repurposed and focused his senate office and staff to work directly, during the senate recess, as a resource center to quickly deal with and provide contacts regarding resources, re ...

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United Way organizations across Northeast Tennessee, Southwest Virginia initiate joint campaign

A task force incorporating seven United Way organizations across the region has launched a $1.9 million fund-raising campaign to help address the challenges posed to families and individuals in northeast Tennessee and southwest Virginia by the effects of COVID-19 and the response to it. The regional taskforce includes United Way of Bristol TN/VA, United Way of Elizabethton/Carter County, United Way of Great ...

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A note to our readers, advertisers and subscribers

While we must grudgingly accept the new normal within the business community for at least the next few weeks, we don’t have to like it. So, please be aware that The Business Journal and bjournal.com maintain our commitment to providing you with news and information to help you do business, even if you (and we) are doing it from remote locations. We are fortunate that if this pandemic had to hit, it hit in a ...

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