Tennessee has spent more than $81 million on its Site Development Grant program to help pay to get rural industrial sites prepared for businesses since the program began in 2016.
While the Tennessee Department of Economic and Community Development recently lauded the spending in promotional materials on the impact of that spending, experts don’t agree that the funding was well-spent.
Read the full story
Ventcon, Inc. officials announced on Tuesday that the company will invest $6.7 million in Madison County to establish its first manufacturing operations outside of the company’s headquarters in Allen Park, Michigan.
Read the full story
Ford Motor Company and the University of Tennessee announced a new partnership for “a stream mitigation and restoration agreement” that will focus on water streams located on the University’s Lone Oaks Farm.
Lone Oaks Farm is located in West Tennessee and serves as a 4-H and science, technology, education, and math (STEM) education center for K-12 students.
Read the full story
Legislation that would have entered Tennessee into an interstate compact with Arkansas and Mississippi for the greater Memphis region was bid adieu Tuesday by the sponsor during a House committee meeting.
State Rep. Kevin Vaughan (R-Collierville), at the start of the House Commerce Committee he chairs, announced amidst the status of the 12 bills on the calendar, he wanted to say some words over his HB1989, “Before I bid it adieu.”
Read the full story
Tennessee Governor Bill Lee on Wednesday made two additional appointments to the Megasite Authority of West Tennessee.
Tipton County Mayor Jeff Huffman and Charlie Tuggle will join the 11-person board, which will provide oversight for the new $5.6 billion project from Ford.
Read the full story
Wednesday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed Tennessee State Representative Terri Lynn Weaver to the newsmakers line to explain her no vote on the Blue Oval City project and what her constituents want.
Read the full story
Despite Gov. Gretchen Whitmer’s claim that Michigan is the future of electric vehicles (EVs), Ford Motor Company and battery maker SK Innovation announced plans to build three new plants in Kentucky and Tennessee.
The new plants, which will host production of electric vehicles and advanced lithium-ion batteries by 2025, will cost roughly $11.4 billion to build and create a projected 11,000 jobs.
Read the full story