TSYS renews contract with U.S. Bank
Columbus-based credit-card and payment processor TSYS said it has signed a long-term contract renewal with U.S. Bank.
As part of the agreement, TSYS will continue to support the bank's commercial card payment services in the U.S., Europe and Canada, and will also support their merchant acquiring business.
"U.S. Bank has been a valued TSYS client for more than 25 years, and we are excited to continue this relationship for many years to come," Keith Pierce, executive vice president for TSYS Relationship Management, said in a statement.
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Terms of the multiyear agreement were not disclosed.
U.S. Bancorp, with $410 billion in assets as of March 31, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The company operates 3,172 banking offices in 25 states and 5,016 ATMs.
Kia contributes $25,000 to Troup County Board of Tax Assessors
West Point, Ga.-based Kia Motors Manufacturing Georgia said it has given $25,000 to the Troup County Board of Tax Assessors as part of the plant's $400,000 overall commitment to the board. The funds will be used for additional manpower at the board's discretion, the company said.
Wayne Bartley, chairman of the Troup County Board of Tax Assessors, thanked KMMG for the plant's ongoing commitment to the board.
"These additional funds will help make sure that the citizens of Troup County can continue to have confidence in property valuations," he said in a statement.
Seoul, Korea-based Kia has an annual capacity of 360,000 units at its assembly plant on 2,200 acres in West Point. It makes the Sorento crossover utility vehicle and the Optima midsize sedan.
Carmike Cinemas and IMAX expand dealings with 3-theater contract
IMAX Corp. and Carmike Cinemas said they have expanded their revenue-sharing arrangement with the addition of three new IMAX theater systems.
One theater will be added to the Carmike 12 multiplex in Missoula, Mont., and another to the Carmike Shiloh 14 multiplex in Billings, Mont., marking the first commercial IMAX theaters in that state. The third will be added to a new construction project in Manhattan, Kan. The agreement brings to 24 theaters Carmike's total commitment to IMAX.
"With the strong recent domestic box office performance and a powerful IMAX slate for 2015 and beyond, we are pleased to grow our IMAX footprint, which is also a direct result of our IMAX success to date," Carmike President and CEO David Passman said in a statement.
Carmike operates 273 theaters with 2,906 screens in 41 states. The circuit includes 47 premium large-format auditoriums with state-of-the-art technology and premium seating, including 29 "BigDs," and the IMAX auditoriums.
IMAX is headquartered in New York, Toronto and Los Angeles, with offices in London, Tokyo, Shanghai and Beijing. As of March 31, there were 943 IMAX theaters in 63 countries.