$500,000 VCEDA grant approved for space-based broadband initiative

$500,000 VCEDA grant approved for space-based broadband initiative

An up-to-$500,000 grant from the Virginia Coalfield Economic Development Authority (VCEDA) Education and Telehealth Access Fund was closed Thursday with the Appalachian Council for ...

Would we rather fix problems or just keep complaining?

Would we rather fix problems or just keep complaining?

By Scott Robertson The state of Tennessee just did our region an injustice. In a move that’s been in the works long enough to have hired Brad Paisley to record a video hyping it, t ...

Residential Construction

Residential Construction

“If you’re not making money in this market, you’re doing something wrong.” by Don Fenley The local real estate industry has a case of pandemic fatigue. While the rest of the econom ...

TVA not shying from spotlight as power projects ramp up

TVA not shying from spotlight as power projects ramp up

by Scott Robertson Sometime in July, you’ll start seeing stories in the local media about the economic contributions of recreational fishing in northeast Tennessee. They will be ve ...

July issue available now

July issue available now

In this issue: Residential Construction, a TVA for a new time, the Sessions Hotel ribbon-cutting, Lee County hospital and more. Download the July 2021 edition here. ...

Tri-Cities Airport Authority approves Fiscal Year 2022 operating budget

Tri-Cities Airport Authority approves Fiscal Year 2022 operating budget

Above: Rene Weber, director of Finance (standing, at left) goes through the proposed FY 2022 operating budget at the airport authority meeting June 24 at the Gray Fossil Site. The ...

Universal Fibers expands on-site health care

Universal Fibers expands on-site health care

Above: Nurse Practitioner Suzanne Rogers Company hopes move will help attract additional employees Universal Fibers, a Bristol, Va.-based international sustainable solution-dyed fi ...

HMG Clinical Research participating in late-stage trial of potential COVID-19 vaccine

HMG Clinical Research hasannounced plans to participate as study sites for, and begin enrolling participants into, the Phase 2/3 global study sponsored by Pfizer Inc. and BioNTech SE of an investigational vaccine, BNT162b2, against SARS-CoV-2, the virus causing the current global pandemic. Holston Medical Group study site is one of more than 120 clinical investigational sites around the world that will coll ...

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Mountain City receives federal funds to upgrade water lines

U.S. Secretary of Commerce Wilbur Ross has announced that the Department’s Economic Development Administration (EDA) is investing $4.4 million in the state of Tennessee to build critical infrastructure needed to support business growth.  The EDA grants, to be matched with more than $2 million in other federal or local funds, are expected to help create or retain nearly 900 jobs and generate $222.2 ...

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VCEDA converts two SRRA loans to grants

Two loans totaling $330,000 to the Southwest Regional Recreation Authority (SRRA) were converted into grants recently by the Virginia Coalfield Economic Development Authority (VCEDA). The promissory notes for a $220,000 loan to SRRA for the Coal Canyon trail system in Buchanan County and a $100,000 loan for the Original Pocahontas (OP) trail in Tazewell County were forgiven and converted to g ...

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DOMTAR to repurpose Kingsport mill

To employ 160 making recycled linerboard by 2023 By Scott Robertson Domtar announced August 7 it will cease freesheet production operations at its Kingsport, Tenn., mill and refit the facility to produce linerboard, the material used to make the boxes in which products sold via ecommerce are shipped. The move is part of a company-wide cost reduction strategy aimed at creating annualized savings of $200 mill ...

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One sleepless night generated $250,000+ for struggling small businesses

by Scott Robertson “I’m 71 years old and I’ve never lived through anything like the last six months,” says Jim Fisher, a small business owner in Jonesborough, Tenn. Fisher and his wife Lynnea were at their wits’ end earlier this year. Their commercial greenhouse, Linnaea Gardens, rents decorative plants to businesses and maintains those plants at various locations throughout the region. When you see a ficus ...

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NETWORKS, NeTREP board committees hold candid talks

Three meetings in one week drive potential action by Scott Robertson When the full boards of NETWORKS Sullivan Partnership (NETWORKS) and the Northeast Tennessee Regional Economic Partnership (NeTREP) met in late June to discuss a potential merger of their economic development efforts, the main action item instituted was the formation of three committees: one to discuss scope, another to discuss structure a ...

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Sync.Space success story

by Hannah Swayze In what used to be part of the Sync.Space offices in downtown Kingsport, the ARO Creative Inc. team attempts to carry on business as usual. Part of the team works from home, due to cautionary measures related to COVID-19. Others maneuver around an office mid-renovations. Employees video chat with coworkers to show off an impressive new light fixture and catch up on work which has piled on l ...

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ETSU’s Noland lays out current plan for fall semester

Above: East Tennessee State University President Dr. Brian Noland “This is a very fluid situation.” by Scott Robertson When ETSU President Dr. Brian Noland spoke with the Business Journal in May regarding planning for the fall semester, Noland said, “there are unlimited things for which we have planning uncertainty.” Time, however, waits for no institution of higher education, and planning uncertainty has h ...

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Virginia Health Department: No mask, no service

Governor Ralph Northam this week said he has directed the Virginia Department of Health to begin conducting surprise inspections of bars and restaurants to ensure state COVID guidelines are being followed. The governor said business licenses will be at risk if distance and masking guidelines are being ignored. "We're seeing some troubling numbers," Northam said. "We all hoped this virus would go away, but t ...

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