Rep. Wamp Announces Formation Of Nano Initiative

Monday, May 16, 2005


Congressman Zach Wamp announced today the formation of the East Tennessee Nano Initiative at a special briefing at Technology 2020 in Oak Ridge.

The East Tennessee Nano Initiative is being formed to help the region capitalize on its tremendous nanoscience research tools, which include the Spallation Neutron Source and High Flux Isotope Reactor, the Center for Nanophase Materials Sciences, and the Center for Computational Sciences at the Oak Ridge National Laboratory, the new nanofabrication facilities at the University of Tennessee, and the precision machining capabilities at the Y-12 National Security Complex.

"Our region's nanoscience resources and scientific talent are helping advance America's stature in the global nanoscience marketplace," said Congressman Wamp. "This new initiative will help make sure our region benefits economically from this industrial revolution. Not only does this partnership use scientific resources to generate new research dollars and new intellectual property, it would provide more opportunities to bring new companies and high-paying jobs for the citizens of East Tennessee."

The Founding Partners of the East Tennessee Nano Initiative are the Oak Ridge National Laboratory, the University of Tennessee, the Y-12 National Security Complex, Technology 2020, and the Innovation Valley.


The goals of the initiative include:
1. Marketing the region’s research capabilities to a national and international audience of government agencies, businesses, and entrepreneurs;
2. Helping attract more nanoscience grants and research dollars to local institutions and companies;
3. Creating new intellectual property and patents which can stimulate the formation of new companies in the region;
4. Serve as a focal point to recruit new nanotechnology companies to the region; and
5. Helping local industries adopt new nanotechnology applications to improve their competitive position.

“We’ve built a very strong team that is committed to help our region benefit from the nanotechnology revolution,” said Technology 2020 President and CEO Tom Rogers. “In the months and years ahead, we’ll work collaboratively to build the Innovation Valley into one of the world’s leading nanotechnology hot spots. We welcome the participation of any company, entrepreneur, or researcher to join us in this endeavor, and we hope to eventually expand this initiative statewide, throughout the Tennessee Valley Corridor and even throughout the southeast when and where it makes good business sense.”

Beginning on June 2, meetings of the East Tennessee Nano Alliance will be held on the first Thursday of each month at Technology 2020 for all companies, entrepreneurs, and researchers interested in learning more about nanotechnology and how they can participate in the East Tennessee Nano Initiative.


CBL & Associates Declares Common Stock Dividend And Preferred Stock Dividend

CBL & Associates Properties, Inc. on Friday announced that its Board of Directors has declared a quarterly cash dividend for the company’s Common Stock of $0.265 per share for the quarter ending March 31. The dividend is payable on April 17 to shareholders of record as of March 30.  The Board also declared a quarterly cash dividend of $0.4609375 per depositary share ... (click for more)

Covenant Transport To Pay $30,000 To Settle EEOC Disability Discrimination Suit

Covenant Transport, Inc. will pay $30,000 and furnish other relief to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission, the federal agency announced Friday.   The EEOC’s suit had charged that Covenant discriminated against an applicant for a commercial truck driver position on the basis of his disability. Covenant conditionally ... (click for more)

2 Homes Totally Destroyed By Fire On Sunday In Separate Blazes

Two homes were totally destroyed by fire in separate blazes on Sunday afternoon. At  5 p.m. , a neighbor called 911 reporting a house fire at 3910 Fairmont Pike on Signal Mountain. Walden's Ridge Emergency Services responded and arrived on the scene reporting a fully involved house fire. A mutual aid response was requested for additional manpower and apparatus ... (click for more)

Signal School Study Says Under Own School System Much More Could Go To The Classroom; Lennon Says Getting Land, Buildings A Major Issue

A panel studying a new school system operated by Signal Mountain concluded that much more money could go directly into the classroom, helping students further increase their potential.   However, County School Board member Kathy Lennon said how the town would be able to acquire the land and buildings is a major issue.   A group of Signal Mountain residents ... (click for more)

CVB Should Share Financials With The Home Folks

The recent debate over the Convention and Visitor's Bureau's funding and budget has gotten ugly. A Hamilton County commissioner has asked questions and made comments about the CVB. The director of the CVB has organized a campaign to dismiss the commissioner's questions and comments. The children on the playground are choosing sides and nothing useful seems to be happening. It's ... (click for more)

Roy Exum: The Eye Of The Storm

There is a very serious building in Norman, Okla., that houses the nation’s Storm Prediction Center for the National Oceanic and Atmospheric Administration and the National Weather Service. According to a Four-Day Forecast released on Sunday, north Alabama and the Chattanooga area are in the middle of the bulls eye for the United States. Yes, it was about 40 degrees and sunny ... (click for more)