Economic & Community Development

Governor Haslam, Commissioner Hagerty Announce OTICS USA, Inc. to Expand Tennessee Operations

Thursday, November 13, 2014 | 01:20 pm

Automotive Parts Manufacturer to Invest $69.5 Million, Create 117 New Jobs 
 
NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with OTICS USA, Inc. officials announced today the company will construct a new automotive parts manufacturing facility in Sevierville to support company growth and increased product demand. With operations currently in Morristown, OTICS USA will invest $69.5 million in the company’s second Tennessee facility and create 117 new jobs in Sevier County.

2014 Governor’s Award for Trade Excellence Winners Announced

Wednesday, November 12, 2014 | 02:49 pm

2014 Governor’s Award for Trade Excellence Winners Announced
Recipients to be Recognized at 61st Annual Governor’s Conference

NASHVILLE—The Tennessee Department of Economic and Community Development today announced that Swiftwick, Jackson Kayak and Gibson are recipients of the Governor’s Award for Trade Excellence. The GATE Award honors small, medium and large companies who have achieved excellence in engaging in global trade. The winners will be presented their awards on Friday, Nov. 14, at the 61st Annual Governor’s Conference on Economic and Community Development during the Governor’s Luncheon.

Haslam Announces Departure of ECD Commissioner

Wednesday, November 12, 2014 | 10:44 am

Hagerty to co-chair inauguration committee prior to return to the private sector


NASHVILLE – Tennessee Gov. Bill Haslam today announced that Bill Hagerty, commissioner of the Department of Economic and Community Development (ECD), will be leaving the administration to return to the private sector.


“Bill has done an incredible job leading our state’s business recruitment efforts for the past four years,” Haslam said.  “Our goal has been to make Tennessee the No. 1 location in the Southeast for high quality jobs, and Bill has been key to the successes we’ve had in attracting new investment into the state as well as continued growth of our existing businesses.  I am grateful for his willingness to serve in the Cabinet and wish him and Chrissy the best upon his return to the private sector.”

Governor Haslam, Commissioner Hagerty, Mayor Dean Announce Bridgestone Americas Headquarters to Relocate in Downtown Nashville

Tuesday, November 11, 2014 | 02:01 pm

Project with Tire and Rubber Leader Valued at $232.6 Million, Creates 607 New Jobs

NASHVILLE – Tennessee Gov. Bill Haslam, Economic and Community Development Commissioner Bill Hagerty and Nashville Mayor Karl Dean along with Bridgestone Americas, Inc. officials announced today the company’s plans to relocate its headquarters to downtown Nashville in a newly constructed facility slated for completion in mid-to-late 2017. The headquarters will house employees currently based in Nashville, as well as those from three out-of-state business units that are being relocated to the city.

Bridgestone Americas’ investment in the planned 514,000 square foot, 30-story headquarters is valued at $232.6 million and will create 607 new jobs in Davidson County.

The 61st Annual Governor's Conference on Economic and Community Development to Feature More Than 60 Speakers

Monday, November 10, 2014 | 09:00 am

Conference to Focus on “The Tennessee Story”

NASHVILLE—The 61st Annual Governor’s Conference on Economic and Community Development will be held Nov. 13 – 14 at the Renaissance Hotel in downtown Nashville. The conference theme will focus on “The Tennessee Story” celebrating the state’s exceptional craftsmanship, dedicated workforce and the unmatched experience of living and working in Tennessee.

“Tennessee has an undeniable level of uniqueness that sets it apart from the rest of the states. Our reputation speaks for itself in that Tennessee is known around the globe not only for its robust business environment and workforce strength, but also for its genuine hospitality, for being a wonderful place to raise a family and, it goes without saying, being home to the best music industry in the world,” TNECD Commissioner Bill Hagerty said. “This year’s conference will give economic development professionals a chance to build upon their skillsets by learning from experts in a multitude of fields, while gaining a sense of how they can contribute to Tennessee’s exceptional story.”

Ditech Testing to Locate New Facility in Lewisburg

Thursday, November 06, 2014 | 10:01 am

Cylinder and Tank Refurbisher and Certifier to Invest $5.6 Million, Create 77 Jobs


NASHVILLE —Tennessee Department of Economic and Community Development Commissioner Bill Hagerty announced today that Ditech Testing will locate a new facility in Lewisburg, Tennessee in the Southern Carriers Building, 1801 Childress Road.  The company specializes in refurbishing all types of cylinders and tanks for the liquid petroleum industry and will invest more than $5.6 million and create 77 new jobs.

Governor Haslam, Commissioner Hagerty Announce Original Footwear to Begin New Manufacturing Operations in Morristown

Tuesday, November 04, 2014 | 08:59 am

Tactical Footwear Manufacturer to Invest $10 Million, Create 182 New Jobs

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with Original Footwear officials announced today the company will begin new manufacturing operations at 5968 Commerce Blvd. in the Morristown Airport Industrial District. Specializing in creating tactical footwear for law enforcement, military and emergency medical technicians, Original Footwear will invest $10 million and create 182 new jobs in Hamblen County.

Tennessee Tops the Nation for 2013 Foreign Direct Investment Job Commitments

Friday, October 31, 2014 | 07:51 am

2014 Global Location Trends Annual Report Measures Number of Jobs Created from FDI 

NASHVILLE – Tennessee was ranked the top state in the nation for foreign direct investment (FDI) job commitments in 2013 according to the recently released 2014 Global Location Trends report.  The annual report from the IBM Institute for Business Value measured the number of jobs created by foreign-owned companies in each state during the 2013 calendar year.  Following Tennessee in the rankings were Texas, Georgia and Ohio.  

Samuel, Son & Co., Limited to Locate New Manufacturing Operations in Columbia

Tuesday, October 21, 2014 | 09:00 am

Metal Processing and Distributing Company to Invest $32.6 Million, Create 42 New Jobs

NASHVILLE – Tennessee Economic and Community Development Commissioner Bill Hagerty along with Bill Chisholm, president and CEO of Samuel, Son & Co., Limited, announced today the company will locate new manufacturing operations in Tennessee by constructing a 105,000 square foot facility in NorthPointe Industrial Park in Columbia. Samuel, Son & Co., Limited, the largest family-owned metal processor and distributor in North America, will invest $32.6 million and create 42 new jobs in Maury County.

“Samuel, Son & Co., Limited will be a great addition to Tennessee’s thriving manufacturing sector, and I am certain the company will find a welcoming home in the Columbia business community,” Hagerty said. “When companies recognize and take advantage of the benefits of doing business in Tennessee, it results in success not only for the company, but for our state as it builds upon the momentum behind the Tennessee brand. I appreciate Samuel, Son & Co., Limited for choosing to locate in Maury County and for supporting our state’s quality workforce.”

Tracey Exum Named New Southwest Tennessee Regional Director

Thursday, October 16, 2014 | 12:50 pm

Exum to Assist with Existing Industry Expansions and New Business Recruitment

NASHVILLE — The Tennessee Department of Economic and Community Development announced today that Tracey Exum has been named Southwest Tennessee regional director. Exum will be responsible for leading the state’s economic development efforts in the area that serves Chester, Decatur, Hardeman, Hardin, Haywood, Henderson, Madison and McNairy counties.