Economic & Community Development

JMS Russel Metals Corporation to Expand Jackson Processing Facility

Wednesday, July 02, 2014 | 01:59 pm

Steel and Aluminum Products Distributor to Invest $2.5 Million, Create 26 New Jobs

NASHVILLE – Tennessee Economic and Community Development Commissioner Bill Hagerty along with JMS Russel Metals Corporation officials today announced the company will expand its steel plate processing facility in Jackson by investing $2.5 million in new equipment to allow additional processes to be done in-house. The expansion will result in the addition of 26 new manufacturing jobs in Madison County.

“Under Gov. Haslam’s leadership, net new manufacturing jobs have increased significantly here in Tennessee, placing our state among the top 10 states in the nation for job creation in this sector,” Hagerty said. “We strive to create a business-friendly environment to support the growth and success of incumbent industries, and I appreciate JMS Russel Metals’ efforts to spur job creation in Jackson and for the company’s continued investment in Tennessee.”

American Colors Inc. to Build New Manufacturing and Research Facility in Gallatin

Wednesday, July 02, 2014 | 10:00 am

High Quality Liquid Pigment Manufacturer to Invest $3.7 Million, Create 31 New Jobs

NASHVILLE – Tennessee Economic and Community Development Commissioner Bill Hagerty along with American Colors Inc. officials announced today the company will build a new 30,000 square foot manufacturing and research facility in the Gallatin Industrial Center, a Select Tennessee Certified Site. To support ongoing growth at the company’s existing Lebanon location, American Colors will invest $3.7 million and create 31 new jobs in Sumner County.

“Incumbent industry expansions are an essential element to help spur job creation in our state, and with nearly 45,000 Tennesseans employed within the chemicals and plastics sector, I am pleased to see American Colors add to that number,” Hagerty said. “I appreciate the company’s continued confidence in our state’s qualified workforce and for choosing to further invest in Tennessee.”

Governor Haslam, Commissioner Hagerty Announce Rough Country Suspension Systems to Expand in Newbern

Monday, June 30, 2014 | 10:00 am

Premium Suspension Products Manufacturer to Invest $1.5 Million, Forecasts 200 New Jobs

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with Rough Country Suspension Systems officials announced today the company will relocate its distribution operations to a 250,000 square foot facility in Newbern. Headquartered in Dyersburg, the expansion will allow Rough Country to more than double the size of its workforce as well as its Dyer County footprint. With a goal of being fully operational by late August, Rough Country’s plans include investment of $1.5 million and the creation of up to 200 new jobs over the next five years.

“I want to congratulate Rough Country on this expansion in Dyer County and thank the company for the new jobs that will be created for Tennesseans,” Haslam said. “We leverage our state’s assets to create an environment that allows companies to grow and expand, and today’s announcement supports our goal to make Tennessee the No. 1 location in the Southeast for high quality jobs.”

Wetekam Monofilaments USA Locating New Manufacturing Facility in Jefferson County

Friday, June 27, 2014 | 08:59 am

Monofilament Yarn Manufacturer to Invest $2.8 Million, Create 32 New Jobs

NASHVILLE—Tennessee Economic and Community Development Commissioner Bill Hagerty along with Wetekam Monofilmanets USA officials today announced the company will locate a new manufacturing facility in Dandridge, Tennessee. Wetekam Monofilaments USA has purchased a 93,000-square-foot facility in the Jefferson County Industrial Park where it will manufacture industrial monofilament yarns through a high-tech intrusion process. The company plans to invest $3.8 million in this facility and create 32 new jobs.

“Tennessee has seen major growth in manufacturing jobs since Governor Haslam took office. In the last three years, more than 20,000 net new manufacturing positions have been created in our state, making us second in the Southeast for job creation in the sector,” Hagerty said. “Wetekam Monofilaments’ decision to locate in Tennessee underscores our unique geographical advantages and business-friendly climate. I appreciate their investment and the new jobs they are creating in East Tennessee.”

CSC Sugar to Open Manufacturing Facility in Tipton County

Thursday, June 26, 2014 | 02:00 pm

NASHVILLE—Tennessee Department of Economic and Community Development Commissioner Bill Hagerty along with CSC Sugar, LLC officials announced today the company will open a new manufacturing facility in Tipton County. CSC Sugar will invest $4 million to begin operations at 4000 Hwy. 51 North in Covington, Tennessee and create 50 new jobs.
 
“When companies choose to make new investments in our state, it sends a strong message about Tennessee’s ideal business climate,” Hagerty said. “Tennessee’s exceptional infrastructure offers companies like CSC Sugar unparalleled access to most major U.S. markets, allowing them to maximize efficiency and continue on a positive growth trajectory. I want to welcome CSC Sugar to Tennessee, and I appreciate the jobs they are creating in Tipton County.”

Governor Haslam, Commissioner Hagerty Announce ForceX to Expand Tennessee Operations in Davidson County

Thursday, June 26, 2014 | 09:30 am

NASHVILLE—Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with ForceX officials today announced the software company will open a new location in Nashville. Driven by significant company growth, its national customer base and a desire to be part of the technology and entrepreneurial community Nashville offers, ForceX selected an area near downtown Nashville as the perfect location for its central hub of operation, which will also include its headquarters. The company plans to invest $1.8 million and create 175 jobs over the next five years at its new location at The Sheds on Charlotte development at 2200 Charlotte Ave.

“I want to thank ForceX for continuing to invest in Tennessee and the new jobs being created in Middle Tennessee,” Haslam said. “When companies like ForceX choose to make Tennessee their home, it highlights our commitment to growing existing business and this announcement supports our goal of becoming the No. 1 location in the Southeast for high quality jobs.”

“Tennessee is becoming nationally recognized for its entrepreneurship and innovation, drawing talent from all corners of the globe,” Hagerty said. “Our state has a rich history of producing cutting edge ideas that change the way the world operates. Under Tracy Guarino’s effective leadership, ForceX is leading the way in new and vital technologies that set Tennessee apart. I am pleased ForceX can take advantage of the support that exists to grow technology companies, and I appreciate the high quality jobs they are creating in the Nashville area. I look forward to their continued presence and further expansion in Tennessee.”

Governor Haslam, Commissioner Hagerty Announce Hatch Stamping Company to Locate Manufacturing Facility in Portland

Thursday, June 19, 2014 | 02:00 pm

Automotive Components Manufacturer to Invest $17 Million, Create 101 New Jobs

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with Hatch Stamping Company officials announced today the company will locate a new manufacturing facility in Portland in an effort to expand its footprint in the Southeast. With a goal of being fully operational by January 2015, the Michigan-based automotive components manufacturer will invest $17 million in an existing facility and create 101 new jobs in Robertson County.

“I want to welcome Hatch Stamping Company to Tennessee and congratulate the company on its latest expansion,” Haslam said. “Hatch Stamping’s decision to locate a new manufacturing facility in Portland is another example of the business-friendly climate our state offers to companies around the world, and it reinforces our goal to make Tennessee the No. 1 location in the Southeast for high quality jobs.”

“Tennessee boasts a number of advantages that make our state stand at the forefront when business owners are considering expansion -- including our favorable central location and qualified, dedicated workforce,” Hagerty said. “Our specialized automotive workforce is a significant competitive advantage for Tennessee, and I couldn’t be more pleased to see Hatch Stamping leverage this strength for our state. I appreciate the company’s decision to locate in Portland and wish them much continued success in the future.”

Six Communities Selected for Fourth Round of Tennessee Downtowns

Thursday, June 19, 2014 | 10:00 am

Downtown Revitalization Program Offers Selected Communities Technical Assistance, Training

NASHVILLE— Tennessee Department of Economic and Community Development Commissioner Bill Hagerty today announced the communities of Arlington, Carthage, Ducktown, Etowah, Jamestown and Shelbyville have been selected to participate in the Tennessee Downtowns program. In its fourth round of participants, Tennessee Downtowns is a competitive community improvement program for cities and counties seeking to revitalize traditional commercial districts.

“Congratulations to the six newest communities joining our Tennessee Downtowns program,” Hagerty said. “This program offers valuable tools to support downtown revitalization and historic preservation. Strong downtowns create overall economic strength in our state, both encouraging investment from within and attracting fresh commitments to Tennessee.” 

“These six communities new to the Tennessee Downtowns program are looking to the future of their historic downtowns, and we look forward to working with them on their revitalization efforts,” Tennessee Main Street Director Nancy Williams said.

CLARCOR Inc. to Establish State-of-the-Art Innovation Center in Columbia

Wednesday, June 18, 2014 | 06:00 pm

Research and Production Facility to House Scientists, Engineers 

NASHVILLE – Tennessee Department of Economic and Community Development Commissioner Bill Hagerty along with CLARCOR Inc. officials announced today the company will acquire a 62,250 square foot structure to create a state-of-the-art global research and product development resource to be known as the CLARCOR Innovation Center. CLARCOR, a global provider of filtration products, systems and services, will invest in excess of $10 million and create 35 new jobs across its two Middle Tennessee locations over the next five years.

“Tennessee is a leader in total R&D expenditures, ranking eighth in the U.S., and far outpacing nationwide R&D intensity growth by 30 percent in a 10 year period,” Hagerty said. “In addition to our favorable central location and business-friendly environment, Tennessee offers R&D-driven companies the opportunity to partner with globally recognized, Tennessee-based institutions to bring the next state-of-the-art concept to fruition. CLARCOR is an exceptional corporate citizen, and I appreciate CLARCOR’s management for their vision and for their decision to continue the company’s investment in Tennessee. Importantly, we applaud the high-wage jobs CLARCOR provides for our qualified workforce.”

Governor Haslam, Commissioner Hagerty Announce Pacific Industries to Locate First Southeast Manufacturing Location in Madison County

Wednesday, June 18, 2014 | 10:04 am

NASHVILLE—Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with Pacific Industries officials today announced the automotive parts manufacturer will construct and operate a new manufacturing plant in Jackson, Tennessee. Plans include the creation of 190 new jobs over the initial five years of operations and a substantial investment in connection with the development and construction of the new facility, which will primarily manufacture metal-stamping products for the automotive industry.

“I want to thank Pacific Industries for choosing to locate their first manufacturing facility in the Southeast in Jackson, and I appreciate the high quality jobs they are creating in Madison County,” Haslam said. “Tennessee has a strong global presence in automotive manufacturing, further strengthened by this new investment, and today’s announcement supports our goal of becoming the No. 1 place in the Southeast for high quality jobs.”

“Tennessee is ranked the No. 1 state in the nation for automotive manufacturing strength. We’ve earned our top spot not only because of the major automotive manufacturers that call our state home, but also as a result of our robust automotive supplier network that supports this industry, allowing for continued expansion in our state,” Hagerty said. “I want to welcome Pacific Industries to Tennessee and I appreciate the valuable jobs their investment will create in Madison County. I look forward to their continued presence and further growth in Tennessee.”