Kingsport Times News Wednesday, July 30, 2014
Business & Technology

Unicoi EDB hears update on possible new jobs coming to area

September 30th, 2008 12:00 am by JIM WOZNIAK

 

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ERWIN — Talk of new jobs at existing and potentially new industries in Unicoi County was plentiful at Monday’s Economic Development Board Executive Committee meeting.

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Executive Director Doris Hensley reported NN Ball & Roller’s Erwin plant on Tennessee Road was undergoing as much as a $6 million renovation that is expected to generate 17-25 new jobs. She also said she and County Mayor Greg Lynch had visited North Carolina to talk to a manufacturer that is interested in relocating to Limestone Cove.

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A transportation firm also is a possibility to move into the former Hoover Precision Products building on Second Street, Hensley said.

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She said NN is knocking down a wall to create a larger work space and replacing some of its equipment. The industry, which already has invested $500,000 in equipment is asking for up to a $6 million industrial revenue bond issue by some governmental agency in the county, Hensley said. She said NN would repay the bonds.

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“I think they’re in somewhat of a rush to get it taken care of,” Hensley said.

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The board discussed the ideas of the EDB or the Erwin Board of Mayor and Aldermen issuing the bonds but reached no conclusion.

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As for the Limestone Cove industry, Hensley said its representatives “have found a location that they’re interested in and they’re in negotiations to purchase the property. She described the company as “high-tech” and said the only thing it wants is “three-phase” electricity.

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The company, which Hensley declined to identify because it did not want to be known yet, makes microwave components for communications equipment, she said. But she said the company is located not far away. His biggest customers are the military and Lockheed Martin, she said.

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“He wanted to start before the end of this year,” Hensley said. “However, when I talked to him last week, he said that he had had a problem with one of his large contracts and that they were working to get that cleared up. He said it’s nothing big, it’s just going to take a while to get it cleared up. And once we get that (addressed), they would start in the process of moving down here. Hopefully, it would be by early spring when they break ground.”

"

At the moment, the company has 12 employees but intends to double employment when it moves to Unicoi County, Hensley said.

"

“I think that would be a big boost to the county and provide some good-paying jobs,” she said. As for the former Hoover property, which recently was sold by the company, she said she has talked to real estate agent Steve Goodson about potential developments there. She said there are three options. One is to lease part of the building for retail, another is to sell the building for a distribution business and the third is to rent it for a distribution and transportation company.

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The first two options are on hold because of the economy, but the third one “looked really good.” It’s about 75 percent, she said.

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“Before this came along, he said that if something wasn’t in there by April, that the owners would put a scrap metal fabrication business in there,” Hensley said. “I think we’d much rather see a transportation and distribution center in there.”

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EDB members seconded that thought.

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Elizabethton Dollar General burglarized over weekend ELIZABETHTON — A burglar broke into the Dollar General Store on U.S. Highway 19E over the weekend, cracked the safe and stole $650 in cash and coins, police said. A security video recorder, valued at $3,000, was also taken. Officer Kirk Carrier of the Elizabethton Police Department said there were pry marks on the rear door and the office door. Electrical and telephone lines were also cut and a half-inch hole had been drilled into the safe to manipulate the lock. The district manager for Dollar General told Carrier the store in Stoney Creek received two burglar alarms that night, but there was no evidence of anything stolen. He said similar incidents had also occurred at Dollar General stores in Kingsport and Asheville, N.C. He said the video surveillance unit had also been taken from the Asheville store but had been found later in a nearby field. By JIM WOZNIAK Erwin Bureau Chief jwozniak@johnsoncitypress.com"

ERWIN — Talk of new jobs at existing and potentially new industries in Unicoi County was plentiful at Monday’s Economic Development Board Executive Committee meeting.

"

Executive Director Doris Hensley reported NN Ball & Roller’s Erwin plant on Tennessee Road was undergoing as much as a $6 million renovation that is expected to generate 17-25 new jobs. She also said she and County Mayor Greg Lynch had visited North Carolina to talk to a manufacturer that is interested in relocating to Limestone Cove.

"

A transportation firm also is a possibility to move into the former Hoover Precision Products building on Second Street, Hensley said.

"

She said NN is knocking down a wall to create a larger work space and replacing some of its equipment. The industry, which already has invested $500,000 in equipment is asking for up to a $6 million industrial revenue bond issue by some governmental agency in the county, Hensley said. She said NN would repay the bonds.

"

“I think they’re in somewhat of a rush to get it taken care of,” Hensley said.

"

The board discussed the ideas of the EDB or the Erwin Board of Mayor and Aldermen issuing the bonds but reached no conclusion.

"

As for the Limestone Cove industry, Hensley said its representatives “have found a location that they’re interested in and they’re in negotiations to purchase the property. She described the company as “high-tech” and said the only thing it wants is “three-phase” electricity.

"

The company, which Hensley declined to identify because it did not want to be known yet, makes microwave components for communications equipment, she said. But she said the company is located not far away. His biggest customers are the military and Lockheed Martin, she said.

"

“He wanted to start before the end of this year,” Hensley said. “However, when I talked to him last week, he said that he had had a problem with one of his large contracts and that they were working to get that cleared up. He said it’s nothing big, it’s just going to take a while to get it cleared up. And once we get that (addressed), they would start in the process of moving down here. Hopefully, it would be by early spring when they break ground.”

"

At the moment, the company has 12 employees but intends to double employment when it moves to Unicoi County, Hensley said.

"

“I think that would be a big boost to the county and provide some good-paying jobs,” she said. As for the former Hoover property, which recently was sold by the company, she said she has talked to real estate agent Steve Goodson about potential developments there. She said there are three options. One is to lease part of the building for retail, another is to sell the building for a distribution business and the third is to rent it for a distribution and transportation company.

"

The first two options are on hold because of the economy, but the third one “looked really good.” It’s about 75 percent, she said.

"

“Before this came along, he said that if something wasn’t in there by April, that the owners would put a scrap metal fabrication business in there,” Hensley said. “I think we’d much rather see a transportation and distribution center in there.”

"

EDB members seconded that thought.

"
Elizabethton Dollar General burglarized over weekend ELIZABETHTON — A burglar broke into the Dollar General Store on U.S. Highway 19E over the weekend, cracked the safe and stole $650 in cash and coins, police said. A security video recorder, valued at $3,000, was also taken. Officer Kirk Carrier of the Elizabethton Police Department said there were pry marks on the rear door and the office door. Electrical and telephone lines were also cut and a half-inch hole had been drilled into the safe to manipulate the lock. The district manager for Dollar General told Carrier the store in Stoney Creek received two burglar alarms that night, but there was no evidence of anything stolen. He said similar incidents had also occurred at Dollar General stores in Kingsport and Asheville, N.C. He said the video surveillance unit had also been taken from the Asheville store but had been found later in a nearby field.

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