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).
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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).
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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.
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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.
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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.
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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.
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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.
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Tennessee Governor Bill Lee, Department of Economic and Community Development Commissioner Bob Rolfe, and Macy’s, Inc. officials announced Wednesday that the company will expand operations in Robertson County.
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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.
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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.
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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.
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FedEx filed a $212 million building permit Tuesday for a new package sorting facility and hub in Memphis, MyNorthwest reported.
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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…
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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…
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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…
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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.…
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