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• Jim May has joined Parkwest Medical Center as its director of human resources. In this position, he will lead the Parkwest and Peninsula HR department and oversee Occupational Health Services. He is originally from Knoxville and has 16 years of executive level HR experience. He holds a Bachelor’s of Science in education and in human resource development and business administration from The University of Tennessee. May also has a Master’s degree in organizational management and development.

• BB&T Corporation announced a plan to repay all of its preferred stock and warrants invested in the company through the U.S. Treasury’s TARP Capital Purchase Plan. “I am pleased to announce that BB&T is poised to be one of the first large financial institutions to repay the government investment,” President and Chief Executive Officer Kelly S. King said. “Following the favorable results of the government’s rigorous stress test and consistent with our own internal projections that BB&T has sufficient capital under an adverse economic scenario. ... After consultations with our regulators and, subject to their approval, we will use the proceeds of a common stock issuance, in addition to other funds, to repay the government’s investment in BB&T.” BB&T’s board of directors also declared the third quarter 2009 dividend of $.15 per share, a 68 percent reduction compared to the third quarter last year. The dividend will be paid Aug. 3 to shareholders of record as of July 10. The action to reduce the dividend preserves approximately $725 million in capital on an annualized basis.

• Limited time remains to reserve a booth at the 90th-annual Tennessee Valley Fair. Excellent booth spaces are available for lease in the air-conditioned Jacob’s Building for as little as $360 for all 10 days of the Fair. Exhibitor booths give businesses exposure to thousands of visitors, and are excellent for retail or wholesale businesses, non-profits, and homemade products and crafts. The Tennessee Valley Fair will be held Sept. 5-14.

• The Minnie Pearl Cancer Foundation has received a $10,000 grant from the Tennessee Breast Cancer Coalition to support transportation funding for breast cancer patients who are in need of financial support to travel for their treatment. This donation will enable TMPCF to offer complimentary gasoline cards to breast cancer patients across the state of Tennessee whose travel to treatment poses financial hardship.

• AC Entertainment received the Small Business Excellence Award during the Knoxville Chamber Partnership’s Pinnacle Awards ceremony and a Pauly Award as Top Knoxville Attraction of the Year from Knoxville Tourism Alliance for the AC-produced live radio show “Tennessee Shines.” AC Entertainment also was selected as one of the Hot 100 Businesses in Tennessee by BusinessTN magazine in late 2008. These awards follow the company’s recent acquisition of Nashville-based concert promotion company Great Big Shows and their new role as booking agent for the Memphis Botanical Gardens’ long-running concert series Live at the Garden. In addition, AC Entertainment launched a new festival concept, Big Ears, in Knoxville in early February, to international acclaim.

• CSL Plasma has moved its laboratory to a new building at Corridor Park, west of Knoxville. The Company operates more than 70 plasma collection centers in the United States and Germany and employs about 4,500 individuals.

• Weichert, Realtors - Advantage Plus has named the company’s top agents for April 2009. Honorees were top listing agent Christie Sox, top selling agent John Sadler and company-wide agent of the month Ella Kozyr.

• BB&T Corporation announced its capital levels are more than sufficient and exceed the government’s minimum stress test requirements under a “more adverse” economic scenario, according to a report issued by federal regulatory agencies following a rigorous forward-looking examination of the nation’s 19 largest financial institutions. The findings confirmed that BB&T will not be required to raise additional capital.

• Knoxville-based Hops and Lops Tennessee Rabbit Rescue recently joined other animal welfare organizations in the area that list their homeless pets on Petfinder.com, the oldest and largest database of adoptable animals on the Internet. The site currently has more than 275,000 homeless pets listed, and it is updated continuously.

• Tammy Poore is back with Coldwell Banker Wallace & Wallace in Oak Ridge. Poore specializes in innovative marketing and utilizes the newest technology available to help sellers and buyers. She recently was trained on short sales, foreclosures and the stimulus package available to first time buyers.

• The Commission on Cancer of the American College of Surgeons has granted its 2008 CoC Outstanding Achievement Award to the cancer program at The University of Tennessee Medical Center Cancer Institute. UT Medical Center, one of just 92 facilities nationwide to receive the award, becomes the first facility in East Tennessee to receive the Outstanding Achievement Award.

• The emerging green-energy industry promises plentiful jobs, and Pellissippi State Technical Community College is now offering in-the-classroom green courses for those wanting an introduction to the newest technologies and retrofitting concepts. Energy Management I is the first hands-on green course available through the college’s Business and Community Services Division. BCS began providing green courses online in January. The course is offered on two different dates: May 28 and Aug. 20. Both classes are held from 1 to 5 p.m. at the Pellissippi Campus on Hardin Valley Road.

 

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