Ultimate Linings, LLC Establishing Manufacturing Operations in Wilson County

Ultimate Linings, LLC officials announced Tuesday the company will relocate its chemical manufacturing facility from Bedford, Texas, to Lebanon, Tennessee, according to a press release by the Tennessee Department of Economic and Community Development (TNECD).

Read More

Permobil, Inc. Expands Manufacturing Operations in Wilson County

Permobil, Inc. officials announced the company expects to invest $15.5 million to expand its manufacturing operations at the company’s North American headquarters in Middle Tennessee, according to a press release by the Tennessee Department of Economic and Community Development (TNECD).

Read More

ATC Drivetrain Announces New Manufacturing Operations in Knoxville

On Wednesday, Governor Bill Lee, Department of Economic and Community Development (TNECD) Commissioner Bob Rolfe, and ATC Drivetrain officials announced the company has selected Knoxville as the location for its newest manufacturing facility.

Read More

Ultra Safe Nuclear Corporation Announces New Manufacturing Facility in Oak Ridge

On Wednesday, Tennessee Governor Bill Lee, Department of Economic and Community Development (TNECD) Commissioner Bob Rolfe, and Ultra Safe Nuclear Corporation (USNC) officials announced the company will establish new manufacturing operations in Oak Ridge.

Read More

Iron Galaxy Studios, LLC Locating to Nashville to Build New Video Game Development Studio

Tennessee Governor Bill Lee and Department of Economic and Community Development (TNECD) Commissioner Bob Rolfe announced Wednesday that Iron Galaxy Studios, LLC will invest $950,000 to establish a new video game development studio in Nashville. As part of the company’s expansion to Davidson County, Iron Galaxy will create 108 new tech jobs over the next five years, according to a press release by TNECD.

Read More

Governor Lee, Commissioner Rolfe Announce Wall Innovations, LLC Is Relocating to Hardeman County from New York

On Friday, Governor Bill Lee and Department of Economic and Community Development (TNECD) Commissioner Bob Rolfe announced that Wall Innovations, LLC has chosen Bolivar to relocate from Long Island City, New York for its U.S. manufacturing and distribution base.

Read More

Governor Lee, Commissioner Rolfe Announce Chick-fil-A Supply Distribution Center Coming to Davidson County

Tennessee Governor Bill Lee and Department of Economic and Community Development (TNECD) Commissioner Bob Rolfe announced Thursday that Chick-fil-A Supply® selected Antioch as the location for its fourth U.S. distribution center in the state. The facility will begin operations later this year, according to a press release by TNECD.

Read More

Governor Lee and Department of Economic and Community Development Announce $28.5 Million in Grants for 62 Counties

On Monday in a press release, Tennessee Governor Bill Lee and Department of Economic and Community Development Commissioner Bob Rolfe announced that they recently approved $28.5 million in Community Development Block Grants (CDBG), which will assist communities with infrastructure improvements, housing rehabilitations and health and safety initiatives.

Read More

State of Tennessee Awards $8 Million in Grants to Assist Economic Development Projects

Governor Lee and the Tennessee Department of Economic and Community Development awarded a dozen grants to communities across the state to assist economic development programs.

The grants, which total $8 million, are to be used for infrastructure and engineering improvements on industrial sites throughout the state.

Read More

Tennessee Doles Out $108.5 Million in Economic Development Grants in First Half of 2021

The Tennessee Department of Economic and Community Development awarded more than $108.5 million in FastTrack economic development grants between 51 businesses in the first half of 2021, according to a database from the department.

The largest was a $60 million grant to Ultium Cells for its $2.3 billion investment to create 1,300 jobs with its 2.8-million-square-foot plant in Spring Hill to build vehicle battery cells.

Read More

Tennessee Gives Out $2.4 Million of Taxpayer Money to 59 Counties

  Tennessee Republican Gov. Bill Lee and Department of Economic and Community Development Commissioner Bob Rolfe have announced that 59 counties will receive $2.4 million of taxpayer money for various community development initiatives. State officials are disbursing this money through what is known as a ThreeStar grant program. These community…

Read More

Memphis Regional Megasite Reportedly Three Years Away

The Memphis Regional Megasite, which has already cost Tennessee taxpayers more than $140 million is reportedly three years away from completion, according to The Jackson Sun. Justin Owen, president of The Beacon Center of Tennessee, a Nashville-based free market think tank, previously called the megasite “an empty field of broken…

Read More

Tennessee’s Electrolux Disaster ‘The Worst Such Deal’ in State History, Financial Expert Says

The decision to give away more than $100 million in corporate welfare to lure Electrolux to set up shop in Memphis was so bad it was “the worst such deal in Tennessee history,” according to Bloomberg.com. In an article released this week, the national financial news website held nothing back…

Read More

Volkswagen Reportedly Demanded Things from Tennessee Officials Before Announcing Chattanooga Electric Car Plant

Tennessee officials reportedly made concessions to Volkswagen to get the company to construct a new electric vehicle plant in Chattanooga, according to The Chattanooga Times Free Press. But, as the paper went on to say, state residents may not yet see a list of those concessions, which are apparently financial.…

Read More