Wise Metals Group, which has an operation in Johnston County near Clayton, has announced the merger of Wise Recycling with Source Recycling.
Wise has five yards in Colorado, North Carolina, Florida and Virginia, plus feeder locations in six states. Source Recycling has three yards in Maryland and North Carolina and one feeder in Maryland. The new company will be named Wise Recycling. and all of the yards will operate under the Wise Recycling name and logo. Wise will own a majority of the equity in the new company.
Wise will continue to operate independently its seven New Mexico yards and one Kentucky yard.
Wes Oberholzer is the company’s president and chief operating officer. “We believe the creation of the new Wise will position it as a more effective competitor in all the markets Wise serves, and we are excited about the prospects of this business going forward,” he said.
Johnston Community College has scheduled the following business-training classes. For registration information, go to johnstoncc.edu/ceregistration.aspx.
Parker joins Four Oaks Bank
Brandon Barker has joined Four Oaks Bank in Clayton as a commercial lender.
A native of Dunn, Parker is a graduate of Campbell University, where he earned a bachelor’s degree in trust and investment management with a minor in financial planning. He earned his master’s degree in business administration at Campbell and has completed the N.C. School of Banking program at Chapel Hill.
Parker brings nine years of banking and lending experience to Four Oaks Bank.
“I am confident Brandon will be as asset to our company,” said Brent George, vice president and Clayton city executive at Four Oaks Bank. “We look forward to the contributions Brandon will make as he works to generate business relationships in Clayton and the surrounding area.”
Brandon and his wife, the former Johanna Shipman of New Bern, presently reside in Lillington.
Allstate salutes Johnston agencies
Two Allstate agencies in Johnston County have been named Allstate Premier Agencies for 2014.
The Keith Branch Agency is in Suite 600 at 8838 U.S. 70 Business West in Clayton. The phone number is 919-550-6451.
The Medlin Agency, owned by Tom Medlin, is at 324 N. Bright Leaf Blvd. in Smithfield. The phone number is 919-934-6141.
Allstate bestows its Premier Agency designation on less than 48 percent of its nearly 10,000 agency owners across the country. The Johnston agencies received the designation for outstanding business performance and commitment to putting customers first.