Meco Corporation officials recently announced that the company will invest $27.8 million to expand its headquarters in Greene County.
Read MoreBBQ Grill Manufacturer Announces $27.8 Million Expansion Project in Greene County
Tag: TNECD
Industrial Nylon Manufacturer Announces $50 Million Expansion Project in Hamilton County
Kordsa, Inc. officials announced Wednesday that the company will invest $50 million to expand manufacturing operations at its Chattanooga facility.
Read MoreRecord Pressing Company Announces $10.8 Million Expansion Project in Nashville
United Record Pressing officials recently announced that the company is investing $10.8 million to expand manufacturing operations at its headquarters in Nashville.
Read MoreSteamboat Transportation Group Relocating Headquarters to Williamson County from Nashville
Steamboat Transportation Group, LLC officials recently announced that the company will invest $2 million to expand and relocate its headquarters operations from Nashville to Brentwood.
Read MoreMajor Automotive Parts Supplier Announces $54 Million Expansion Project in Madison County
Toyota Boshoku Tennessee, LLC (TBTN) announced Thursday that it will invest $54.4 million to expand manufacturing operations at its metal stamping facility in Jackson.
Read MorePerry County’s Largest Employer Announces $10.4 Million Expansion Project
NYX Linden LLC recently announced that the company will invest $10.4 million to expand its current manufacturing operations in Perry County, which is categorized as an “economically distressed” county by the Tennessee Department of Economic and Community Development (TNECD).
Read MoreBig Valley Brands, LLC to Create 30 New Jobs Through Expansion Project in Sequatchie County
Big Valley Brands, LLC, also known as Big Valley Air, announced Wednesday the company will invest $1.4 million to expand its manufacturing operations in Sequatchie County, which is categorized as an “economically distressed” county by the Tennessee Department of Economic and Community Development (TNECD).
Read MoreThe Webstaurant Store, LLC Announces $103.9 Million Investment in Wilson County
The Webstaurant Store, LLC announced Tuesday that the company will invest $103.9 million to locate new distribution operations in Lebanon’s Speedway Industrial Park.
Read MoreFilm and Paper Packaging Manufacturer Announces $10.3 Million Expansion Project in Sullivan County
The Robinette Company officials recently announced that the company would invest $10.3 million to construct a new 100,000-square-foot facility in Piney Flats.
Read MorePace Industries, LLC Announces $2.8 Million Expansion Project in Madison County
Pace Industries, LLC officials recently announced that the company will invest $2.8 million in Jackson to expand manufacturing operations at its Lower Brownsville Road facility.
Read MoreSK Food Group, Inc. Announces $205.2 Million Investment in Bradley County
Custom foods manufacturer SK Food Group, Inc. announced that it will invest $205.2 million to construct a production facility in Cleveland, Tennessee.
Read MoreZLINE Kitchen and Bath Announces Multimillion-Dollar Expansion Project in Gibson County
On Wednesday, ZLINE Kitchen and Bath announced a multimillion-dollar expansion in its Northwest Tennessee distribution operations by locating a new facility in Milan.
Read MoreNokian Tyres Announces $174.1 Million Expansion Project in Rhea County
Nokian Tyres officials recently announced that the company will invest $174.1 million to expand operations at its Dayton facility to “double its tire production capabilities.”
Read MoreIn-N-Out Burger Announces Plan to Build Restaurants, Corporate Office in Tennessee by 2026
In-N-Out Burger, the popular west coast fast food chain, has announced expansion plans to build restaurants and a corporate office in Tennessee by 2026.
Read MoreTennessee Touts 2022 Economic Developments: 16,000 Job Commitments, $8.6 Billion in Private Investments
Governor Bill Lee and the Tennessee Department of Economic and Community Development (TNECD) posted their picks for the top five new business investments in the state during 2022.
In all, about 100 projects were supported by TNECD statewide in 2022, resulting in more than 16,000 jobs and $8.6 billion in private investment, according to the department.
Read MoreSummertown Metals, LLC Announces $11 Million Expansion Project in Lewis County
Tennessee-based company Summertown Metals, LLC officials recently announced that it would invest $11 million to expand its manufacturing and distribution operations in Lewis County.
Read MoreGeneral Machine and Tool Company Announces $3.7 Million Expansion Project in Carter County
General Machine and Tool Company, Inc. officials recently announced that the company will invest $3.7 million to expand manufacturing operations at its headquarters in Elizabethton.
Read MoreFood Manufacturer Announces $2.2 Million Investment in Overton County
HealthVerve Food Manufacturing USA, Inc. officials announced Thursday that the company will invest $2.2 million to establish new manufacturing operations in Livingston. HealthVerve was founded in 2006 and is a high-value food manufacturer that specializes in canning processes and invests in research and development to bring wholesome and nutritional products to the public.
Read MoreTennessee Department of Economic and Community Development Approves $27.3 Million in Grants for 64 Communities
Governor Bill Lee and Department of Economic and Community Development (TNECD) Commissioner Stuart McWhorter recently approved $27.3 million in grants that will be distributed across 64 Tennessee counties.
Read MoreDepartment of Economic and Community Development Announces Two Major Projects Coming to Knoxville, Clarksville
On Wednesday, the Tennessee Department of Economic and Community Development (TNECD) announced two new economic investment projects are underway in the Volunteer State that are expected to create 175 new jobs in total.
Read MoreHardcoat Technologies LLC Announces $6.6 Million Expansion in Knox County
On Friday, Hardcoat Technologies LLC officials announced that the company will invest $6.6 million to expand manufacturing operations at its Papermill Drive location in Knoxville.
Read MoreNew Balance Announces New Distribution Center in Wilson County
Athletic footwear and apparel manufacturer New Balance Athletics announced that the company will invest $68.5 million to establish a new distribution center in Lebanon.
Read MoreLithium-Based Company Announces $582 Million Investment in Southeast Tennessee
Piedmont Lithium officials announced Thursday that the company would invest $582 million to establish a lithium hydroxide processing, refining, and manufacturing facility in Etowah.
The new facility will be located at the North Etowah Industrial Park, creating 117 new jobs in McMinn County. According to the Tennessee Department of Economic and Community Development (TNECD), the facility will be America’s largest “lithium hydroxide processing” facility.
Read MoreAlfresco Pasta Holds Grand Opening Ceremony for New Operations in Crockett County
Alfresco Pasta Brand, LLC held a grand opening ceremony Tuesday in Bells, Tennessee to celebrate the company’s expansion in Crockett County. The ceremony comes after the company announced in March its intention to invest $3.8 million to expand and relocate its operations from Nashville to Bells.
Read MoreManufacturing Company Announces $95 Million Investment in Bedford County
Duksan Electera America, Inc. officials announced Wednesday that the company will invest $95 million to locate its first North American manufacturing facility in Shelbyville, Tennessee. Duksan Electera is a branch of the South Korean-based Duksan Group which is an advanced material manufacturer.
Read MoreNew Company Invests $8.2 Million in Williamson County to Relocate Headquarters from Illinois
Highland Ventures Ltd. officials announced Monday that the company will invest $8.2 million to relocate its headquarters operations from Glenview, Illinois, to Brentwood, Tennessee. The company “is planning to take advantage of the unprecedented growth” within Brentwood to support its expansion strategies.
Read MoreCommentary: Tennessee Government Broadband Is Socialization of Effective Industry
In recent years, communities across Tennessee have considered pursuing a municipally-run broadband network. In July of 2021, this trend continued with the Knoxville Utilities Board’s (KUB) proposal for the largest municipal fiber network in the nation being approved unanimously by the Knoxville City Council. KUB’s broadband business plan came with a colossal $702 million price tag, as well as an estimated seven to ten year network build out, with the hopes of providing service to a four-county footprint, the majority of which would be located in Knox County, where the FCC estimates that 98.3% of the area has access to three or more broadband providers already.
Read MoreTechnologyAdvice, LLC Announces $2.7 Million Investment in Nashville to Expand Headquarters
TechnologyAdvice, LLC officials announced this week that the company would invest $2.7 million to expand its headquarters and other back-office functions in Nashville, Tennessee.
Read MoreiFixit to Invest $24.2 Million in Chattanooga, Creating 201 New Jobs
iFixit officials announced Monday that the company will establish its East Coast hub for distribution and innovation in Chattanooga. iFixit will invest $24.2 million and create 201 new jobs in Hamilton County over the next five years, according to a press release by the Tennessee Department of Economic and Community Development (TNECD).
Read MoreKroger Expected to Bring 180 Jobs to Nashville with New ‘Spoke’ Facility
Kroger Fulfillment Network, LLC officials announced Thursday that Kroger Co. will offer more Americans product delivery through the addition of a “spoke” facility in Nashville. The project is expected to bring 180 new jobs to Davidson County.
Read MoreBob Rolfe Officially Exits Department of Economic and Community Development with Farewell Message
Bob Rolfe officially exited the Tennessee Department of Economic and Community Development (TNECD) to enter the private sector Friday with a farewell message shared to social media. Rolfe has served as TNECD Commissioner since March 2017, when he was appointed by former Tennessee Governor Bill Haslam.
Read MoreCommissioner Bob Rolfe Announces Departure from Department of Economic and Community Development
Commissioner Bob Rolfe announced his departure Tuesday from the Tennessee Department of Economic and Community Development (TNECD) in order to enter the private sector, according to a press release by the department.
Read MoreFive Star Food Service, Inc. Expanding Operations in Hamilton County
Five Star Food Service, Inc. officials announced Wednesday in a press release that the company will expand its headquarters operations in Hamilton County.
Read MoreTri-City Extrusion, Inc. Announces Expansion in Bristol
Tri-City Extrusion, Inc. (TCE) officials recently announced that the company will invest $30.8 million to expand its manufacturing operations in Northeast Tennessee.
Read MoreColumbiad Fabrication and Aviation, LLC Announces Expansion into Henry County
Columbiad Fabrication and Aviation, LLC officials announced this week that the company will invest $4.8 million to expand its manufacturing operations in Henry County, creating 144 new jobs over the next five years.
Read More3M Set to Expand Manufacturing Operations in East Tennessee, Invest $470 Million
Tennessee Governor Bill Lee, the Tennessee Department of Economic and Community Development (TNECD), and 3M Company announced this week the investment of approximately $470 million to expand manufacturing operations in East Tennessee. 3M’s expansion is expected to add around 600 new jobs by 2025.
Governor Lee said, “3M’s decision to expand in Tennessee is a testament to our state’s pro-business climate and skilled workforce. The creation of nearly 600 new jobs in Anderson County will positively impact this community for years to come, and we thank 3M for their investment in our state.”
Read MoreGovernor 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.
Read MoreGovernor Lee Announces Amazon Expansion in East Tennessee
Amazon will establish its eighth fulfillment center in East Tennessee, creating 800 full-time employees “to engage with advanced robotics.” Governor Bill Lee issued the announcement on Wednesday in a joint press release with Tennessee Department of Economic and Community Development (TNECD) Commissioner Bob Rolfe, and Amazon spokespersons.
Located in the city of Alcoa, the distribution center will overtake property that was once a local golf course by Alcoa Highway and Pellissippi Parkway. According to a press release issued by the county’s development cooperative, Blount Partnership, employees will receive a starting wage of $15 an hour with full benefits and other perks, including 20 weeks of maternal and parental paid leave.
Read MoreNew Report Highlights Tennessee’s in-Demand Jobs
Members of the Tennessee Department of Economic and Community Development have released a new report that they say highlights jobs in high demand across Tennessee.
Those jobs include occupations in finance and technology, automotive, distribution and logistics, and other target industry clusters.
Read More