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• The accounting and consulting firms of McWilliams & Company, PC and Lattimore Black Morgan & Cain, PC have agreed to merge their practices effective Jan. 1. With the combined resources of the two firms, LBMC will become one of the largest firms in Knoxville and will provide one of the most comprehensive services offerings available.

• BB&T Corporation and Coastal Financial Corporation announced that they have signed a definitive merger agreement. The $394.6 million transaction would give BB&T the No. 1 deposit market share in the thriving metro Myrtle Beach, S.C., market. With $1.7 billion in assets, Myrtle Beach-based Coastal Financial operates 24 banking offices through subsidiary federal savings bank Coastal Federal Bank. It operates 17 banking offices in the greater Myrtle Beach area and seven in greater Wilmington, N.C., where BB&T already has the No. 1 market share. The transaction is valued at $17.04 per Coastal Financial share based on BB&T’s closing price of $44.27. The exchange ratio is fixed at 0.385 of a share of BB&T stock for each share of Coastal Financial stock. The merger, which is subject to regulatory and Coastal Financial shareholder approval, is expected to be completed in the second quarter.

• Bill Johns of Farragut and Bluewater Consulting was recently nominated for the 2006 Postma Young Professional Medal.  The Postma Young Professional Medal was created to honor the accomplishments of young professionals who have made an impact and fostered a community culture in our region. Johns was nominated for his extensive public service efforts in economic development, education, technology and community

leadership. 

• The Tennessee Department of Revenue will hold its next free bimonthly new business workshop from 8:30 a.m. to 12:30 p.m. on Jan. 10 at the department’s Knoxville regional office, located at 531 Henley St. The workshop will be held on the seventh floor in conference room B.

• Home Federal Bank of Tennessee is the recipient of one of America’s Community Bankers’ 2006 Community Bank Awards. The awards were presented during ACB’s Annual Convention in San Diego, Calif.  Home Federal Bank of Tennessee was presented an award in the category of Habitat for Humanity for its outstanding achievement.

• State regulations for earning a home inspector’s license have changed, and Pellissippi State Technical Community College is offering a two-session course to prepare you for the licensing examination. The course will be presented in two 45-hour sessions. The dates are April 10-14 and April 17-21. The fee for sessions is $2,395. Course highlights will include tools, techniques, systems and fundamentals for roofs, exteriors and foundations, structural problems, case studies, liability management, report writing, communications and business startup. To learn more or register, call Pellissippi State Business and Community Services at 865-539-7167.

• The National Association of Insurors and Financial Advisors - Knoxville will host its next program 11:30 a.m. Friday, Jan. 19, at The Foundry. One hour of Tennessee Insurance CE will be offered. There is no charge for members; non-members are $20, which includes the CE session, lunch, and keynote lunch speaker.

• The Tennessee Department of Commerce and Insurance, Board of Pharmacy, announced the statewide launch of the controlled substance database, a tool that will identify prescribing patterns of health care professionals, dispensing patterns of board of pharmacy licensees, and usage patterns of Tennessee patients.

• The town of Farragut is partnering with the Second Harvest Food Bank of East Tennessee this holiday season by collecting canned and non-perishable food items at Farragut Town Hall. Collection bins will be available at the front and back entrances of town hall through the month of December.

• The Farragut Chapter of Business Network International, a national business referral organization, meets 7:30 to 9 a.m. every Wednesday at Ruby Tuesday’s off Lovell Road.  For more information, call Aleex Conner at 865-691-6083.

• A nanotechnology-oriented forum will be held April 2-4, at Oak Ridge National Laboratory. Nano Nexus 2007 is designed to foster innovation and increase collaboration. For more information, see www.nanonexus.org.

• Effective Fall 2007, Pellissippi State Technical Community College will combine four business-related programs into one as a way to increase job opportunities for graduates, benefit employers and make more efficient use of resources within the college. The new business administration program will have four concentrations: computer accounting, management, hospitality and marketing. All four are currently individual academic programs. Students in business administration will graduate with an Associate of Applied Science degree. The individual A.A.S. degree programs are accredited by the Association of Collegiate Business Schools and Programs and the combined program will continue to be accredited. For more information on the college’s programs, visit www.pstcc.edu.

• From fashion to technology, Gen Y consumers know exactly what they are asking for this holiday season. A recent survey on what Gen Y consumers want most as a holiday gift, conducted for the Retail Advertising and Marketing Association by promotions agency SLANT, found that for today’s younger consumers, aged 13-28, technology, fashion and luxury goods, such as designer watches and purses, rank at the top of their holiday wish lists.

• A new five-year project headed by Oak Ridge National Laboratory is expected to lead to a more in-depth understanding of natural and other approaches to clean up contaminated sites around the nation. The Department of Energy-funded $3 million per year task will build upon accomplishments since April 2000 at the Environmental Remediation Science Program.

Field Research Center, a 243-acre contaminated area in Bear Creek Valley next to the Oak Ridge Y-12 National Security Complex. This and many other sites in the United States are contaminated with wastes.

that include radionuclides, organics and nitrate.

 

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