You Are Here: Home » News (Page 2)

FTDD Foundation reconfiguration continues for potential economic development hub

By Scott Robertson Legal recommendations have been presented to Mayors Richard Venable of Sullivan County and Joe Grandy regarding potential bylaw changes for the First Tennessee Development District Foundation, though the mayors are not yet in full agreement on when the foundation will be ready to house a regional economic and community development hub. “The attorney is helping reformulate the bylaws into ...

Read more

Food City CEO receives national Employer of the Year award

Steve Smith K-VA-T Food Stores President and CEO Steve Smith received the Employer of the Year award during the Oct. 23 opening ceremonies of the Council for Exceptional Children’s Division of Career Development and Transition (DCDT). The award is presented to an employer or business that has shown remarkable commitment to promoting or providing employment opportunities to students with disabilities. ...

Read more

Contura board faces challenge from activist investors

Pictured above, David Stetson Activist investor group MG Capital, which owns 5.8 percent of Contura Energy Inc., is demanding the company replace half of its board of directors. In a letter dated Oct. 7, Michael Gorzynski, managing member of MG Capital, says, “After recently assessing all of our concerns pertaining to Contura’s trajectory, we concluded that the Company’s Board – in particular, legacy direct ...

Read more

NETWORKS Sullivan Partnership’s October surprise

Pictured above, Mitch Miller (left) and Clay Walker The economic development organization threw out a collaborative document a year in the making in favor of its own brand new plan. Reactions ran the gamut from disappointed to delighted. By Scott Robertson Three meetings this week revealed a new level of clarity regarding the positions of major players for and against efforts to create a regional economic d ...

Read more

TRI asks legislators for help with funding to allow airport to build-to-suit potential Aerospace Park tenants

Tri-Cities Airport (TRI) Executive Director Gene Cossey took the occasion of a Tuesday morning Legislator’s Breakfast to make it known that the airport will likely be able to bring tenants to Aerospace Park sooner if it has funds on-hand so it can offer to erect a building as an incentive. Gene Cossey “This is by no means to negate all the money and all the work that was put into making this facility in the ...

Read more

First Tennessee Development District receives nearly $1.3 million U.S. Department of Labor WORC Grant to develop “Recovery to Workplace Pipeline”

The First Tennessee Development District (FTDD) has been awarded nearly $1.3 million from the U.S. Department of Labor through its Workforce Opportunities in Rural Communities (WORC) grant to fund the Caring Workplace Initiative. Lottie Ryans According to Lottie Ryans, Director of Workforce & Literacy Initiatives for the FTDD, “Our region has had various programs working to assist people in recovery and ...

Read more

Griffith touts EnVision Center in Lebanon

U.S. Congressman Morgan Griffith (VA-9) was on hand this week to cut the ribbon for a new Department of Housing and Urban Development (HUD) facility in Lebanon, Va. HUD’s EnVision Centers are tasked with offering support for assisted families to help them achieve self-sufficiency and, thereby, make limited federal resources available to others awaiting assistance. The centers are premised on the idea that f ...

Read more

Tennessee governor announces $50 million in new business relief funding

Tennessee Governor Bill Lee and the state's Financial Stimulus Accountability Group (FSAG) today announced an initial $50 million in federal Coronavirus Relief Funds for the new Supplemental Employer Recovery Grant (SERG) program to provide additional relief to small businesses suffering during the COVID-19 pandemic. This new wave of funding includes specific support for minority-owned, women-owned and vete ...

Read more

State legislators partner with Wysong Enterprises for dedication of 
Rodney Wysong Memorial Highway

A regional business leader who helped grow the aerospace sector in the Tri-Cities before his untimely passing has been posthumously honored by the state and his company. Wysong Enterprises Tuesday joined with State Representative Timothy Hill for a brief ceremony to rename a half-mile section of State Road 75 near the Tri-Cities Airport as the Rodney Wysong Memorial Highway. Also in attendance were State Se ...

Read more

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. Zoom dating. That tiger thing on Netflix. Everybody trying to make sourdough bread for some reason. And, of course, a presidential election campaign that makes one remember fondly the sound, sober and sensible candidacy of Ross Per ...

Read more

Copyright The Business Journal. All rights reserved.

Scroll to top