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Business

  • Shriners paper sale starts Wednesday

    The Kerbela Shriners are holding their annual paper sale on May 15-19, a fundraiser for the organization’s Shriner’s Hospital for Children.

    Club Vice President Dennis Ferguson says that they will be reaching out to businesses in the county to collect donations.

    The Shriners are instrumental in helping children in the county who are burned or crippled, and offer assistance to them and their families with treatment and transportation to and from the hospitals in Cincinnati, Ohio and Lexington, Ky.

  • ARS International LLC honored

    Consolidated Nuclear Security LLC, the managing operator of the Y-12 National Security Complex, announced on May 7, that ARS International LLC, is the Y-12 Small Business of the Year and Karen Prillhart, as the Y-12 Small Business Advocate.

    The announcements were part of a combined ceremony with the Oak Ridge Chamber of Commerce and the Oak Ridge National Laboratory. The three organizations honor outstanding small businesses and local leaders annually at the “Celebrate Oak Ridge Business” breakfast at the Double Tree Hotel.

  • DOE awards new contract to support clean up in Oak Ridge

    Earlier this week, the U.S. Department of Energy’s Oak Ridge Office of Environmental Management announced five small business awardees for its Characterization, Deactivation/Demolition, and Remediation Services contract.

    Through this arrangement, each company has a five-year Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract where OREM can issue Firm-Fixed-Price task orders. The maximum value for services is $24.9 million.

    The five awardees include:

    • Aerostar SES LLC, based in Oak Ridge

  • Dai elected Materials Research Society fellow

    Sheng Dai, a researcher at the Department of Energy’s Oak Ridge National Laboratory, has been elected fellow of the Materials Research Society.

    MRS fellows are noted for their “distinguished research accomplishments and outstanding contributions to the advancement of materials research worldwide.”

  • Preparing student loan borrowers for repayment

    Students who have borrowed federal loans to help pay for college and are finishing their schooling must take exit counseling to prepare for repaying those loans.

    That goes for student borrowers who are completing degrees, diplomas and certificates, according to KHEAA.

    During exit counseling, students learn about their repayment options, about deferments and forbearances, and about what might happen if they don’t repay their loans.

  • Harriman stuck in a hole over drainage issue

    By Richard Evans

    A problem with a collapsed water drains is causing a headache for at least one Harriman business.

    Arlene Carr said her beauty shop is prone to flooding and has asked the city for help, but so far she said the only assistance she has received from Harriman officials has been in the form of sandbags to help keep water out of her business.

    City Manager Kevin Helms explained the problem, like the solution, is complex.

  • Browders Ace Hardware closing

    Browders Ace Hardware located at Ladd Landing in Kingston will be closing its doors on May 27, according to posts on the store’s Facebook page.

    “We have loved serving our customers and friends in Kingston and Roane County. Thank you,” the post said.

    Signs posted on the door of the store announced that the store will be keeping new hours as of May 1. The store will now be open Monday through Saturday from 10 a.m.-6 p.m. and Sundays from 1 p.m -5 p.m.

  • State dairies benefit from Weigel’s

    Weigel’s, one of East Tennessee’s largest milk processors, has committed to using milk produced exclusively in Tennessee.

    “Wiegel’s has a history of being innovative with industry-leading decisions, and their choice to use only Tennessee-produced milk is a great example of that,” Agriculture Commissioner Charlie Hatcher, D.V.M. said.

    “We are thankful that Weigel’s is choosing to support Tennessee agriculture. This commitment will truly impact and benefit the bottom line for dairy farmers.”

  • Pros and cons to early retirement

    A lifetime of working compels many people to look forward to their retirement. Some people even work to retire early.

    But what are the advantages of early retirement beyond starting a life of leisure? And are there any detriments to this plan?

    A 2014 survey by the financial services provider TIAA-CREF found that 37 percent of Americans plan to retire before age 65.

    However, many of them will not have control over the matter. Those who do may want to consider the pros and cons of early retirement.

  • TVA affirms its commitment to small and diverse suppliers across the valley

    The Tennessee Valley Authority recognized the importance of small and diverse businesses to its mission of service at the 7th Annual TVA Supplier Diversity Outreach Summit in Knoxville on April 16.

    In the past five years, TVA has increased its annual spend with diverse suppliers by 65 percent from $269 million to $445 million.

    TVA’s total Valley business spend in fiscal year 2018 was more than $2 billion. Full supplier diversity performance details are available on TVA’s web site.