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Knoxville Biz Ticker: Optimas Solutions opens regional distribution center in Knoxville to improve supply chain in the Tennessee Valley area

Knoxville Biz Ticker: Optimas Solutions opens regional distribution center in Knoxville to improve supply chain in the Tennessee Valley area The Knoxville News-Sentinel 1 hr ago Knoxville News Sentinel Optimas Solutions opens regional distribution center in Knoxville to improve supply chain in the Tennessee Valley area Wood Dale, IL. – June 1, 2021 Optimas Solutions, a global industrial manufacturer/distributor and service provider, announced the opening of a regional distribution center in Knoxville, TN to better serve current customers, deliver more supply chain security in the surrounding area and to tap underserved markets. The opening of the facility is part of a larger Optimas strategy to create a U.S. distribution footprint that more efficiently brings supply closer to customer demand to ensure timely delivery of parts, plus better inventory management.

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First Bancorp (FBNC) to Acquire Select Bancorp (SLCT) for $18 10/sh

First Bancorp (FBNC) to Acquire Select Bancorp (SLCT) for $18 10/sh
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

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First Bancorp to Acquire Select Bancorp, Inc

/PRNewswire/ First Bancorp (Nasdaq: FBNC), the parent company of First Bank, and Select Bancorp, Inc. ("Select") (Nasdaq: SLCT), the parent company of.

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United Community Banks, Inc And Aquesta Financial Holdings, Inc , The Parent Of Aquesta Bank, Announce Merger Agreement

United Community Banks, Inc And Aquesta Financial Holdings, Inc , The Parent Of Aquesta Bank, Announce Merger Agreement
chattanoogan.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chattanoogan.com Daily Mail and Mail on Sunday newspapers.

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United Community Banks to buy Aquesta

United Community Banks Inc. and Aquesta Financial Holdings Inc. today announced a definitive agreement for United to acquire Aquesta, including its wholly-owned subsidiary, Aquesta Bank. The transaction value is estimated at approximately $131 million, including approximately $12 million in value for outstanding options and warrants to acquire Aquesta common stock, according to a news release. Aquesta is headquartered in Cornelius, N.C., a fast-growing suburb north of Charlotte on Lake Norman. It has an experienced management team led by President and CEO Jim Engel, who founded Aquesta Bank in 2006. The bank has a network of nine branches in Charlotte and Wilmington, N.C., as well as loan production offices in Raleigh, N.C., and Greenville and Charleston.

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