Rambler Wood Products to bring 73 new jobs to Russell County

Rambler Wood Products to bring 73 new jobs to Russell County

Rambler Wood Products will establish a new wood products manufacturing facility in the former Bush Furniture Industries building in St. Paul, Va., creating 73 new jobs in the proce ...

Bank of Tennessee begins implementing executive management succession plan

Bank of Tennessee begins implementing executive management succession plan

Above: Dale Fair, Grant Summers and Will Barrett Bank of Tennessee has announced the promotion of three top executives. In a release dated Jan. 17, BancTenn Chairman William B. Gre ...

Game changer

Game changer

Above: Dr. Natalie Kuldell (second from right), president of BioBuilder, meets with teachers at MIT. PHOTO COURTESY BIOBUILDER The Niswonger Foundation’s $8 million plan to revolut ...

Appalachian Grains brings back barley in southwest Virginia

Appalachian Grains brings back barley in southwest Virginia

by Scott Robertson When Will Payne headlined the event introducing InvestSWVA 16 months ago in Abingdon, he talked about creating, “big idea projects.” One of those big idea projec ...

The Business Journal Q&A: Jeff McCord

The Business Journal Q&A: Jeff McCord

Above: McCord testifies at budget hearings. FILE PHOTO Tennessee Commission of Labor and Workforce Development The Business Journal: When you took this job, you had no way of knowi ...

January Edition Available Now

January Edition Available Now

Download the January 2021 Edition ...

Kingsport joins Boyd baseball family

Kingsport joins Boyd baseball family

Boyd Sports, LLC has announced it will assume the management contract of the Kingsport franchise in the Appalachian League. Boyd Sports, which also owns the Tennessee Smokies, John ...

Warner calls for immediate small business assistance from Congress

U.S. Senator Mark Warner of Virginia used a town hall in Abingdon Tuesday to express disappointment that the senate had not passed more aid for small businesses before adjourning for vacation, saying CARES Act funding was not meant to last this long. “Nobody expected this to last six months,” Warner told reporters after the meeting. “We need to come back and put additional money into small business support, ...

Read more

Bristol mayors tout economic progress at first virtual State of the Cities event

Bristol, Tenn., Mayor Mahlon Luttrell and Bristol, Va., Mayor Bill Hartley Bristol, Tenn., Mayor Mahlon Luttrell and Bristol, Va., Mayor Bill Hartley took to the Internet Wednesday to take part in the first virtual State of the Cities event. The Bristol Chamber of Commerce has held a live State of the Cities event for the last seven years at the train station, but was forced into the BTES television studios ...

Read more

Ballad Health announces fourth-quarter, year-end results

Ballad Health today announced fourth-quarter and year-end results from its 2020 fiscal year, and that report illustrates the impact the COVID-19 pandemic has had on the healthcare provider. During the fourth quarter of the 2020 fiscal year, net patient revenue fell $139.1 million, a 26.8 percent decline from the same period during the previous year. Some of those losses were mitigated by $82.5 million in in ...

Read more

ETSU Advancement, Alumni offices to relocate to Model Mill Development

The ETSU Foundation will lease space at the Model Mill Development that will become the new home for the Office of University Advancement at East Tennessee State University as well as the ETSU National Alumni Association. ETSU anticipates relocating the offices to the Model Mill Development sometime in October of this year. “The restoration of the Mill has been a long anticipated project for this region and ...

Read more

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 ...

Read more

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 ...

Read more

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 ...

Read more

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 ...

Read more

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 ...

Read more

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 ...

Read more

Copyright The Business Journal. All rights reserved.

Scroll to top