NASHVILLE, Tennessee – The first meeting of Tennessee House of Representatives members interested in issues related to rural districts was organized by Representative Bruce Griffey (R-Paris) and attended by nearly three dozen legislators.
Read MoreTag: ECD
ECD Hands Out Corporate Welfare to Company Moving to Cleveland, Tennessee
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…
Read MoreTennessee Lures Amazon to Nashville With $102 Million In Taxpayer-Funded Incentives
Nashville won’t be getting Amazon’s new HQ2, but in a surprise announcement Tuesday the city will get Amazon’s new Operations Center of Excellence in exchange for $102 million in taxpayer-funded performance-based incentives. A press conference held at the State Capital with outgoing Governor Bill Haslam, Economic Community Development (ECD) Commissioner…
Read MorePure Foods Goes Bankrupt After Benefiting From $1.2 Million in Tennessee State Economic Development Funds
Less than two weeks before Governor Haslam introduced his IMPROVE Act centered on a gas tax increase for road funding, Pure Foods, Inc., a recipient of $1.2 million in state economic development funds, filed for bankruptcy.  The $1. 2 million from the state’s FastTrack Economic Development (ED) Fund did…
Read More