Economic & Community Development

Orchid Orthopedic Solutions Alabama, LLC to Locate New Manufacturing Facility in Jackson

Monday, April 14, 2014 | 02:00 pm

World Leading Medical Device Manufacturing Company to Invest $976,000, Create 25 Jobs

NASHVILLE – Tennessee Economic and Community Development Commissioner Bill Hagerty along with Orchid Orthopedic Solutions Alabama, LLC officials today announced the company will locate a new manufacturing facility in Jackson. A worldwide leader in the contract design and manufacture of implants, instruments and innovative technologies for the orthopedic, dental and cardiovascular markets, Orchid Orthopedic will invest $976,000 and create 25 new jobs in Madison County.

Governor Haslam, Commissioner Hagerty Announce Enovate Medical to Expand U.S. Corporate Headquarters in Rutherford County

Wednesday, April 09, 2014 | 09:44 am

Medical Technology Company to Create 410 New Jobs

NASHVILLE—Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with Enovate Medical officials today announced the company will expand operations at its U.S. headquarters facility located at 1152 Park Ave. in Murfreesboro, Tenn. and create 410 new jobs over the next five years. The expansion in Rutherford County represents an investment of $13.1 million by the medical device and technology company and stems from the consolidation of operations at its Canton, Mich. facility.

20|20 Research to Expand Headquarter Operations in Davidson County

Tuesday, April 08, 2014 | 10:01 am

Global Research Technology and Service Firm to Invest $1.6 Million, Create 96 New Jobs

NASHVILLE—Tennessee Department of Economic and Community Development Commissioner Bill Hagerty along with 20|20 Research officials today announced the global research technology and service firm will invest $1.6 million to expand its current headquarter operations in Davidson County and create 96 new jobs over the next four years at its new location in the historic Frost Building on Rosa L. Parks Blvd.

“Tennessee is known for its entrepreneurial spirit and as a state where bold thinkers and risk-takers can thrive,” Hagerty said. “The expansion of 20|20 Research underscores Tennessee's global reputation as one of the best places in the world to do business and a state that understands the importance of nurturing the growth of incumbent businesses. I appreciate 20|20 Research’s reinvestment in Tennessee and the high quality jobs they are creating for our communities.”

Governor Haslam, Commissioner Hagerty Announce Aspen Technologies, Inc. to Locate Manufacturing Facility in Manchester

Tuesday, April 01, 2014 | 10:01 am

Polyurethane Foam Products Manufacturer to Invest $5.1 Million, Create 161 New Jobs

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with Aspen Technologies, Inc. officials today announced the company will locate a new polyurethane foam molding plant in the Manchester Industrial Park. With a goal of doubling its molding capacity by opening the Manchester facility, the company will invest $5.1 million and create 161 new jobs over the next five years in Coffee County.

“I want to welcome Aspen Technologies to Tennessee and thank the company for choosing Manchester for its newest manufacturing operations,” Haslam said. “When a company chooses Tennessee for a new facility, it sends a strong message about our business-friendly environment, and today’s announcement supports our goal to make Tennessee the No. 1 location in the Southeast for high quality jobs.”

Resolute Forest Products US, Inc. to Make Significant Investment in Calhoun Paper Mill

Thursday, March 27, 2014 | 07:36 am

Capital Improvement Project to Result in $105 Million Investment, 25 New Jobs

NASHVILLE – Tennessee Economic and Community Development Commissioner Bill Hagerty along with Resolute Forest Products U.S., Inc. officials today announced the company will invest $105 million in equipment and building improvements at its Calhoun, Tenn. pulp and paper mill. Resolute Forest Products, a top global paper products manufacturer, is one of McMinn County’s largest employers. Upon completion of the project, the company will create 25 new jobs over the next five years.

Tennessee Main Street Communities Generated $59.8 Million in 2013

Wednesday, March 26, 2014 | 10:12 am

646 Net New Jobs Created, 182 Net New Businesses Started

NASHVILLE—The Tennessee Department of Economic and Community Development announced today the 2013 Economic Impact and Reinvestment Statistics from 23 Tennessee Main Street communities for activities occurring between January 1, 2013 and December 31, 2013. These Main Street communities generated more than $59 million of public/private investment in 2013, and continue to be a vital part of the state’s economic and cultural identity.

“Tennessee’s Main Street communities are some of the state’s most valuable and treasured resources,” Economic and Community Development Commissioner Bill Hagerty said. “These job growth and investment numbers reinforce the importance of our Main Street program in bolstering economic growth while allowing communities to develop productive initiatives that support job creation, downtown revitalization and the long-term success of our state.”

Governor Haslam, Commissioner Hagerty Announce Flowers Foods, Inc. to Open Knoxville Bakery

Friday, March 21, 2014 | 02:33 pm

Bakery to produce Nature’s Own, Merita, and Wonder breads and create more than 100 jobs over time

NASHVILLE—Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with Flowers Foods officials today announced Flowers Foods will make a significant investment in Knox County by opening the bakery on NW Park Drive in Knoxville. The bakery is scheduled to open in late May with one bread line and over time, is expected to create more than 100 jobs.

Governor Haslam, Commissioner Hagerty Announce Greenfield Products to Expand Union City Operations

Monday, March 17, 2014 | 03:00 pm

Custom Heavy Equipment Manufacturer to Invest $6.3 Million, Create 100 New Jobs

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with Greenfield Products officials announced today the company will expand their operations in Union City, investing $6.3 million and creating 100 new jobs during the next two years in Obion County. A leading manufacturer of custom heavy equipment attachments, Greenfield Products will add an additional 80,000 square feet of manufacturing space to their current facility located at 3920 Greenfield Drive.

Tennessee Leads Nation with Four Corporate Investment & Community Impact Awards

Friday, March 14, 2014 | 09:18 am

Trade & Industry Development Honors Hankook Tire, Eastman Chemical,
Calsonic Kansei and ProNova Solutions Projects

NASHVILLETrade & Industry Development, a leading economic development trade publication dedicated to corporate site selectors, today announced four Tennessee projects have received honors in its 9th annual Corporate Investment & Community Impact (CiCi) Awards, more than any other state.  Hankook Tire and Eastman Chemical were recognized in the Corporate Investment category, while Calsonic Kansei North America and ProNova Solutions were recognized in the Community Impact category.  All totaled, the four projects generated $2.6 billion in investments and created 3,825 new jobs for the state in 2013.

Governor Haslam, Commissioner Hagerty Announce Fresenius Medical Care to Locate New Manufacturing Operations in Knox County

Tuesday, March 11, 2014 | 03:26 pm

NASHVILLE—Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with Fresenius Medical Care officials today announced the company will locate its new East Coast manufacturing facility in the Panasonic building in the Forks of the River Industrial Park in Knoxville. Fresenius Medical Care will invest up to $140 million in the project and correspondingly create approximately 665 new jobs in Knox County over the next several years.
 
“I want to thank Fresenius Medical Care for investing in Tennessee, and I appreciate the new jobs being created in Knox County,” Haslam said. “Here in Tennessee we’re working to create an environment where companies like Fresenius Medical Care can succeed and expand, and today’s announcement supports our goal of becoming the No. 1 location in the Southeast for high quality jobs.”
 
“Fresenius Medical Care’s decision to locate a new manufacturing facility in Knox County demonstrates how Tennessee’s strengths are aligned with the needs of the global business community,” Hagerty said. “As a company with operations in more than 120 countries, Fresenius Medical Care understands the competitive advantages our state offers with its business friendly environment, quality workforce and excellent location. I am pleased to welcome Fresenius Medical Care to Tennessee, and I appreciate the significant investment this leading health care company is making in our state and its citizens.”