The Tennessee Department of Economic and Community Development will reportedly bestow corporate welfare upon a new business in Cleveland, near Chattanooga. This, according to this week’s Cleveland Daily Banner. The reported recipient of this money is called Triumph Sheets LLC, an affiliate of Schwarz Partners. An unnamed representative of Schwarz Partners told The Tennessee Star Friday that no one at the company usually talks to the media. No one at the Tennessee ECD returned The Star’s repeated requests for comment Friday. “The Tennessee Department of Economic and Community Development will be providing grant funding through its FastTrack Infrastructure Development Program to assist the Industrial Development Board and the city of Cleveland with the costs of railroad infrastructure rehabilitation, Berry said,” according to The Cleveland Daily Banner. “As a result, the Cleveland/Bradley County Industrial Development Board, along with Bradley County and the City of Cleveland, will apply for a FastTrack grant for $500,000 from the state’s TDECD to assist with the infrastructure needs of the project.” In addition, according to the newspaper, “the state will provide $50,000 to offset training expenses, as well as some $2.5 million in job creation, enhanced jobs, industrial machinery and sales and use tax exemption…
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