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Knoxville Biz Ticker: Universal Engineering Sciences acquires GEOServices, LLC in Tennessee
The Knoxville News-Sentinel 2 hrs ago Knoxville News Sentinel
Universal Engineering Sciences acquires GEOServices, LLC in Tennessee
Orlando, FL, April 12, 2021 – Universal Engineering Sciences® (UES), a national leading infrastructure company specializing in geotechnical engineering, construction materials testing, building code compliance, threshold inspections and environmental consulting, has acquired GEOServices, LLC, a geotechnical engineering, materials testing, construction services and environmental services firm headquartered in Knoxville. UES is expanding to meet current and anticipated needs, as evidenced by the White House’s recent $2 trillion infrastructure plan. Experts predict a significant need for infrastructure growth and repairs in the U.S. in the coming years, with an expected $255 billion needed to modernize miles of roadways and repair mor
Knoxville Biz Ticker: Mountain Commerce Bancorp, Inc. announces $5 million share repurchase authorization
The Knoxville News-Sentinel 1 hr ago Knoxville News Sentinel
Mountain Commerce Bancorp, Inc. announces $5 million share repurchase authorization
Knoxville, Tennessee, April 12, 2021 – Mountain Commerce Bancorp, Inc. (the “Company”) (OTCQX: MCBI), the holding company for Mountain Commerce Bank (the “Bank”), today announced that the Board of Directors has authorized a stock repurchase program under which the Company may, from time to time, acquire up to $5 million of its outstanding common shares during a period extending through March 31, 2022. The shares may be purchased in open market or private transactions, including pursuant to Rule 10b5-1 trading plans, at the discretion of management and subject to the limitations of applicable securities laws.
Knoxville Biz Ticker: Major project begins at Y-12 to shrink high-security footprint
The Knoxville News-Sentinel 2 hrs ago Knoxville News Sentinel
Major project begins at Y-12 to shrink high-security footprint
Oak Ridge, Tenn. National Nuclear Security Administration (NNSA) and Consolidated Nuclear Security, LLC, officials broke ground on the West End Protected Area Reduction project (WEPAR) at Y-12 National Security Complex, which, when completed, will reduce the size of the high-security protected area on the site by approximately 50%. The project supports efforts to modernize Y-12’s high-security boundary and includes the installation of new sections on the perimeter intrusion, detection, and assessment system (PIDAS) as well as a new entry control facility.