Business briefs: Chamber honors human resources director, Consol
Terri McCormick, human resources director at BrickStreet Mutual Insurance Co., Charleston, has been named the West Virginia Chamber of Commerce's "Human Resources Professional of the Year" and Consol Energy has been named the chamber's "2012 Human Resources Employer of the Year."
McCormick is a certified senior human resources profession. She has more than 20 years of human resources and labor management experience in private industry and is a member of the West Virginia Society of Human Resource Management's Professional Hall of Fame.
Nearly half of Consol's 9,000 employees work in West Virginia, producing natural gas and coal. Fortune magazine recently named Consol one of America's most admired companies.
NTelos offers 'Parental Control' application
NTelos Wireless announced it has launched a new custom application, "Parental Control," that offers parents with custom reports that show who is texting their children and a feature that alerts them when their child arrives safely at school or a friend's house.
In addition, a parent can use the location feature to locate their child's device at any time to determine where their child is located, the company said.
Conrad Hunter, chief operating officer at nTelos Wireless, said, "This app is perfect for parents who want their child to have a cell phone for convenience or emergencies, but also want to set boundaries on when and how they use their phone. Parents download the app to their child's phone, and then use a website to set the controls and features."
The Android application is available in the Google Play store to nTelos post-pay customers at $9.99 per month. An application with additional features is available for $14.99 a month. Ntelos said an Apple iPhone version of the application is in the works.
NiSource reports a lower income
NiSource Inc. reported third-quarter 2012 net income of $19.3 million or 6 cents a share on net revenue of $739.8 million.
In comparison, the company reported net income of $34.7 million or 12 cents a share on net revenue of $745.6 million in the same period a year ago.
The company said its gas transmission and storage unit "made strong progress during the third quarter on its strategies to modernize the company's core interstate natural gas pipeline system, execute on market- and supply-driven growth projects, and pursue midstream and minerals opportunities linked to NiSource's strong asset position in the Utica and Marcellus Shale production regions."
NiSource's gas transmission and storage unit has offices in what was formerly the Columbia Gas Transmission building, 1700 MacCorkle Ave. S.E.
Spokesman Karl Brack said, "Much of the planning and a lot of the design and engineering work for our modernization program is taking place in the Charleston office."
NiSource is headquartered in Merrillville, Ind.
Business seminar offers winter tips
The U.S. Small Business Administration said it is partnering with Agility Recovery to offer a free web-based seminar to provide winter preparedness tips to protect businesses, their employees and customers from cold-weather risks.
The seminar will be from 2 to 3 p.m. Nov. 13 online. To register go to www1.gotomeeting.com/register/844932816.
Visit Agility's "PrepareMyBusiness" website at www.preparemybusiness.org to access previous seminars and for additional preparedness tips.
Summit posts weaker quarter
Summit Financial Group Inc., the corporate parent of Summit Community Bank, reported third-quarter 2012 net income of $803,000 or 10 cents a share.
In comparison, the company reported net income of $1.8 million or 24 cents a share in the same period a year ago.
Charles Maddy, Summit's president and chief executive officer, said, "We are pleased by our continued progress having now achieved six consecutive quarters of profitability; unfortunately, as anticipated, earnings are and will remain choppy in the near term as our foreclosed properties are re-appraised and written down to estimated fair values on an ongoing basis."
Summit Financial Group is headquartered in Moorefield. Summit Community Bank has 15 offices, including branches at Southridge Centre and at 620 Virginia St. E.
MVB Financial Corp. shows higher profit
MVB Financial Corp., the corporate parent of MVB Bank Inc., reported third-quarter 2012 net income of $1 million, a 56 percent increase from the $673,000 in net income reported in the same period a year ago.
Last month the Fairmont-based company announced plans to enter the Charleston market by opening a branch on Washington Street East across from Embassy Suites. The company has offices in Marion, Monongalia, Harrison, Berkeley and Jefferson counties.
Registration begins for networking event
Charleston Area Alliance and Suddenlink Business are accepting registration for the fourth annual Speed Networking with the Stars Nov. 13 at the Charleston Marriott Town Center.
Individual tickets are $50 for Alliance members/$75 future members through Friday. Prices increase to $75 for Alliance members/$100 future members after that date. To register, contact Deb Coffman at 304-340-4253 or email email@example.com.
Tractor Supply Co. to open Quincy store
Tractor Supply Co. has obtained a building permit for a store at Quincy, the Kanawha County Commission announced.
Construction of the $1.6-million, 20,000-square-foot building will begin in the next few weeks with completion scheduled for late spring, the commission said.
The building will be erected on property leased from Quincy Coal, near the 84 Lumber Co. outlet on the west end of the Quincy Mall, the commission said.
Commission President Kent Carper said, "Quincy Coal is to be commended for their diligence in putting together a lease package that enticed Tractor Supply Co. to build in the eastern part of our county.
"This development will bring 25 to 30 much-needed new jobs to the eastern part of our county," Carper said.
Tractor Supply is the largest retail farm and ranch store chain in the United States. The company has 23 stores in West Virginia, including stores at Hurricane, Ripley, Spencer and Weston.