California-Based Financial Company Opening Franklin Location, Will Create More Than 300 Jobs

California-based financial company PennyMac will open a new location in Franklin, according to a release from the Tennessee Department of Economic and Community Development (TNECD).

The company will invest approximately $3.9 million in the new area and create roughly 325 new jobs in Williamson County.

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Tennessee Coalition for Open Government Executive Director Deborah Fisher on the Clawback Provisions of the Ford Deal

Thursday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed Tennessee Coalition for Open Government’s Deborah Fisher to the studio who outlined the issues of clawback provisions related to large corporation deals.

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Tennessee Coalition for Open Government Executive Director Deborah Fisher Talks Lack of Transparency and the Uncollected Clawbacks

Thursday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed Executive Director of Tennessee Coalition for Open Government, Deborah Fisher in studio to discuss reports lacking information on clawbacks yet redeemed.

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Governor Lee Grants Nearly $15 Million to Expand Broadband Access

Tens of thousands more Tennesseans will be getting expanded broadband access soon, thanks to nearly $15 million in grants. Governor Bill Lee and Department of Economic and Community Development (TNECD) Commissioner Bob Rolfe announced this latest funding through the Broadband Accessibility Grant program in a joint press release on Friday. 

The press release indicated that the grants would cover over 7,000 homes and businesses, which would impact just under 18,000 citizens. 13 providers were issued the grants in total. Counties impacted by the grants are Grainger, Coffee, Bledsoe, Roane, Obion, Lawrence, Benton, Hancock, Lauderdale, Bedford, Marshall, Meigs, Cumberland, and Weakley. TNECD has allocated nearly $60 million in broadband expansion grants to date. 

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Top Silicon Valley Company Leaves California for Nashville

Revance Therapeutics (Revance), a premiere biotechnology company, announced its plans to relocate its headquarters from Newark, California to Nashville. It is the fourth prominent company to depart from Silicon Valley this month.

Governor Bill Lee and Department of Economic and Community Development Commissioner Bob Rolfe shared the news in a joint press release with Revance. According to them, the company will invest over $10 million and create approximately 150 jobs.

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