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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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