The Bristol Tennessee Industrial Development Board Has Given A Thumbs Up To A Resolution That Paves The Way For Three Car Dealerships Owned By Friendship Group To Relocate. Friendship Owner Mitch Walters Plans To Move His Ford, Hyundai And Volvo Lots Off Volunteer Parkway To The Former Bristol Auto Auction Location On West State Street. The Border Region Act Brings More Tax Revenue Back To Bristol. Industrial Board Chairman David Wagner Said Walters’ Plans Satisfies The City’s Requirements. Phase One Of The Project Is Valued At 15 Million Dollars.