VOL. 115 | NO. 149 | Monday, August 6, 2001
SCB Computer Technology Inc
SCB Computer Technology Inc. has obtained a five-year, $27.5 million credit facility consisting of a $17.5 million revolving loan and a $10 million term loan. SCB used $15.8 million from the new credit facility to retire its short-term debt with one lender and $1 million to refinance its short-term debt with another lender into a three-year, $4 million term loan. With the refinancings, SCB has converted a total of $20.8 million of short-term debt into long-term debt.
Lifeblood, Mid-South Regional Blood Center, and Baskin Robbins Ice Cream are teaming up for the Pint for a Pint campaign in August. Every one who tries to donate during August will get a coupon for a free pint of ice cream or yogurt from participating Baskin Robbins stores. Summer is a time of increased need for blood. Giving one pint of blood can save three lives. To locate the nearest Lifeblood, call 522-8585, or visit www.lifeblood.org.
For the second consecutive year, Memphis-based intermodal transportation company Cornerstone Systems achieved a listing among the Top 100 Third-Party Providers by Inbound Logistics. Cornerstone Systems was featured in the magazines July issue. Cornerstone has 25 offices nationwide.
The Memphis Chapter of the Association of Legal Administrators will have its monthly membership meeting at the University Club of Memphis, 1346 Central Ave., at noon Thursday. Susan M. Clark of Burch, Porter & Johnson will speak on employment law issues. The ALA board of directors will have its monthly meeting at 5:30 p.m. Aug. 28 at Davis-Kidd Bookstore, 387 Perkins Extended.
Registration for the fourth annual Corporate Knowledge Bowl is underway. The Knowledge Bowl is a weeklong challenge that determines the smartest company in Memphis and Shelby County. Competitions are set during the lunch hour. This years competition is Nov. 12 through Nov. 16 at the new Central Library, 3030 Poplar Ave. Entry forms are available at www.memphislibrary.lib.tn.us.
The American College of Radiology accredited Baptist Memorial Hospital-Union Countys magnetic resonance imaging system. The hospital is the second in Tennessee to receive accreditation for its MRI scanner. The accreditation program evaluates the qualifications of the personnel, equipment performance and the quality of clinical images.