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Economic and Community Development

Governor Haslam, Commissioner Hagerty, Mayor Dean Announce Expansion of HCA's IT Operations

Released on Wed, Feb 22, 2012 - 11:28 am under

Healthcare Services Company to Create Approximately 155 IT Jobs, Invest $200 Million

NASHVILLE – Tennessee Gov. Bill Haslam, Economic and Community Development Commissioner Bill Hagerty and Nashville Mayor Karl Dean, along with company officials, today announced that HCA (NYSE:HCA) plans to build a new data center at The Crossings in Antioch, Tenn. and expand its existing IT locations in the Nashville region. The construction and expansion plans represent a total investment in excess of $200 million and the creation of approximately 155 IT jobs during a five-year period.

Nucor to Expand in Memphis

Released on Fri, Feb 17, 2012 - 3:33 pm under
Steel Manufacturer to Create Approximately 27 New Jobs
 
NASHVILLE– Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty, along with Shelby County officials and Nucor representatives, today announced the company’s plans for modernizing and enhancing its Memphis facility, located at 3601 Paul R. Lowry Road. The company will create approximately 27 new jobs.

TTDC Releases Additional INCITE Co-Investment Fund Detail

Released on Thu, Feb 09, 2012 - 3:55 pm under

Qualified Investment Applications Can be Submitted Starting Feb. 15

NASHVILLE – The Tennessee Technology Development Corporation (TTDC) released final details of the INCITE Co-Investment Fund today including the Qualified Investment Application, Co-Investment Agreement, and Required Terms. All these documents, as well as revised program guidelines and other information pertaining to the program, can be viewed on TTDC’s website at www.tntechnology.org/incite.

Chevrolet Volt Joins State Electric Vehicle Rebate Program

Released on Tue, Feb 07, 2012 - 2:16 pm under

$2,500 Rebate Available for All Volt Models through June 30, 2012

NASHVILLE – The Tennessee Department of Economic and Community Development announced today that Chevrolet Volt purchasers are now eligible for the state’s $2,500 electric vehicle (EV) rebate. The rebate requires that consumers qualify for and participate in The EV Project, a national study on EV use and charging infrastructure deployment.

OTICS USA, Inc. to Expand Morristown Location

Released on Fri, Feb 03, 2012 - 8:02 am under

Automotive Parts Manufacturer to Invest $24.8 Million, Create 67 New Jobs in Hamblen County

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with representatives from OTICS USA, Inc. announced the company will expand its Morristown, Tenn. facility. As a result of increased market demand, the automotive parts manufacturer will invest an additional $24.8 million and create 67 new manufacturing jobs.

Governor Haslam, Commissioner Hagerty Release ECD 2011 Annual Report Detailing Historic, Transformative Year

Released on Tue, Jan 31, 2012 - 2:28 pm under
28,535 Jobs Created, $4 Billion Invested, Average Incentive Cost per Job Reduced by 50 Percent
 
NASHVILLE, Tenn. – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty today released the department’s 2011 Annual Report, which details successful changes and historic milestones achieved by the department over the past year. In 2011, ECD projects and private sector growth accounted for 28,535 new jobs in Tennessee and more than $4 billion in investment. After reshaping the model for economic development, ECD had one of the most productive years in the state’s history, and job creation hit its highest mark in the last five years and since the onset of the global recession. 

ECD Now Accepting Applications for TNTrade Market Access Program

Released on Fri, Jan 27, 2012 - 1:31 pm under
MAP Assists Companies with Export Expenses, Funds Available First-Come, First-Served
 
NASHVILLE, Tenn. – The Tennessee Department of Economic and Community Development announced today that the TNTrade Market Access Program (MAP) is now accepting applications from Tennessee businesses. MAP is designed to enhance export readiness, promotion and sales activities in foreign markets for Tennessee’s small- to mid‐sized companies. The program provides a 50 percent reimbursement for up to $5,000 per year for qualified and approved export activities.

ECD Announces 2012 Energy Camps for K-12 Teachers

Released on Fri, Jan 27, 2012 - 9:52 am under

Statewide Camps Help Teachers Design Energy Education Programs

NASHVILLE – Tennessee Department of Economic and Community Development Energy Division announced today that applications are now available online for the 2012 Energy Camps. The four-day educational sessions provide K-12 teachers with the information and resources needed to teach the science of energy and energy conservation in the classroom and to guide students in becoming leaders in their school and community.

Batesville Casket to Expand Manchester Facility

Released on Thu, Jan 19, 2012 - 1:02 pm under

Burial Caskets Manufacturer to Invest Nearly $7 Million, Create Approximately 35 New Jobs Over Three Years

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty today joined with Coffee County officials to announce the decision by Batesville Casket to expand its Manchester, Tenn. facility, located at 175 Monogard Drive. The company will invest nearly $7 million and create approximately 35 jobs during a three-year period.

Governor Haslam, Commissioner Hagerty Announce Expansion of Ware Manufacturing

Released on Thu, Jan 19, 2012 - 10:01 am under

Pet Products Manufacturer to Create 33 New Jobs in Hawkins County

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty today joined with local officials and Ware Manufacturing, Inc. representatives to announce the company’s decision to expand its Surgoinsville facility. The expansion represents an investment of nearly $1.4 million and the creation of 33 manufacturing jobs in Hawkins County.

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