Economic & Community Development

Fulton Bellows, LLC to Expand in Knoxville

Thursday, September 04, 2014 | 08:00 am

Seamless Metal Bellows Manufacturer to Invest $3 Million, Create 27 New Jobs

NASHVILLE – Tennessee Economic and Community Development Commissioner Bill Hagerty along with Fulton Bellows, LLC officials announced today the company will expand operations by relocating and integrating new equipment to its existing Knoxville, Tennessee facility. Fulton Bellows, the oldest manufacturer of seamless metal bellows, will invest $3 million and create 27 new jobs in Knox County.

“Tennessee is known for having strategic advantages in a number of key sectors, and across several of those sectors, Fulton Bellows’ products can be found,” Hagerty said. “Fulton Bellows has a rich history and tradition of craftsmanship that has evolved over the course of a century, and today’s announcement is further evidence of the pro-business environment Tennessee offers to both new and incumbent industries. I appreciate the company’s continued investment in Tennessee and for providing additional jobs to our quality workforce.”

Governor Haslam, Commissioner Hagerty Announce Magna International to Expand Maury County Seating Manufacturing Operations

Wednesday, September 03, 2014 | 12:35 pm

Automotive Manufacturer to Invest $16 Million, Create 357 New Jobs

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with Magna International officials announced today the company will expand its Maury County manufacturing operations by investing $16 million to construct a new, state-of-the-art manufacturing facility at 701 Beechcroft Road in Spring Hill. Currently located in Columbia, Magna will create 357 new jobs in Maury County over the next two years.

Governor Haslam, Commissioner Hagerty Announce Warby Parker to Open New Office in Davidson County

Wednesday, September 03, 2014 | 08:00 am

NASHVILLE— Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with Warby Parker (warbyparker.com) co-founders Neil Blumenthal and Dave Gilboa announced today the transformative lifestyle brand will open a Nashville office, its first outside of New York. The brand will initially open in a temporary location, with plans to build out a permanent space in the near future. As part of the expansion, Warby Parker will create more than 250 new jobs in Davidson County over the next five years.

“We want to thank Warby Parker for investing in Tennessee and creating these high quality jobs in Nashville,” Haslam said. “Tennessee’s central geographic location and strong creative class makes us a natural fit for a design company like Warby Parker, and today’s announcement is another step toward our goal of becoming the No. 1 location in the Southeast for high quality jobs.”

“Tennessee continues to set itself apart as a state where companies can feel confident in leveraging new investment,” Hagerty said. “Warby Parker is another example of a cutting edge brand deciding to locate in Tennessee, taking advantage of our low cost of living, ideal, central location, and creative and talented workforce pool. Our state offers visionary companies like Warby Parker an environment most conducive to continued success, and I welcome their expansion to Tennessee. I appreciate these new jobs they are creating in our communities and look forward to their continued presence in our state.”

Tennessee Film, Entertainment and Music Commission Launches New Website

Tuesday, September 02, 2014 | 12:39 pm

TNentertainment.com Offers Comprehensive Resource for All Things Entertainment

NASHVILLE — The Tennessee Film, Entertainment and Music Commission (TFEMC) announced today the launch of its new website, TNentertainment.com.  The site offers immediate access to essential information regarding Tennessee’s thriving entertainment industry and a host of free resources for anyone interested in learning more about entertainment and doing business in Tennessee. 

Governor Haslam, Commissioner Hagerty Announce AIG to Expand, Relocate in Nashville

Tuesday, September 02, 2014 | 07:02 am

Leading International Insurance Organization to Add Approximately 200 New Jobs

NASHVILLE – Tennessee Gov. Bill Haslam, Economic and Community Development Commissioner Bill Hagerty and AIG officials announced today the company will expand its Davidson County operations by developing headquarters for the marketing and distribution of financial products related to life insurance.

The expansion will add approximately 200 new jobs over the next three years.

“We want to thank AIG for its continued investment in Tennessee and the jobs they are creating in Davidson County,” Haslam said. “We remain focused not only on recruiting new businesses to the state but also helping our existing industries continue to grow here. Today’s announcement is another step toward our goal to make Tennessee the No. 1 location in the Southeast for high quality jobs.”

Governor Haslam, Commissioner Hagerty Announce General Motors to Invest $185 Million in Engine Plant, Build New Cadillac SRX in Spring Hill

Wednesday, August 27, 2014 | 10:02 am

New Line of Eco-Tech Engines to be Used by Five GM Brands in 27 Models

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with General Motors officials announced today the company will invest $185 million to make small gas engines at its Spring Hill manufacturing complex.  GM also identified the next-generation Cadillac SRX as a future mid-size vehicle to be produced at Spring Hill.

Governor Haslam, Commissioner Hagerty Announce Federal-Mogul to Expand Current Operations in Rutherford County

Wednesday, August 27, 2014 | 08:02 am

NASHVILLE—Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with Federal-Mogul officials announced today the company will invest $6.2 million to expand its current distribution facility in Smyrna, Tennessee and create 135 new jobs in Rutherford County.

“We are thankful for Federal-Mogul and their continued investment in our state and the new jobs they are creating in Middle Tennessee,” Haslam said. “When companies like Federal-Mogul choose to reinvest here, it speaks volumes about our workforce and the quality of Tennessee-made products, and today’s announcement is another step toward our goal of becoming the No. 1 location in the Southeast for high quality jobs.”

“Tennessee continues to set itself apart as a global leader in the automotive industry,” Hagerty said. “Major automotive manufacturers like Nissan, Volkswagen and General Motors support a robust pipeline of more than 900 automotive manufacturers and suppliers located throughout our state. I am pleased Federal-Mogul will continue to be a part of why Tennessee has been named the No. 1 state in the nation for automotive manufacturing strength an unprecedented four years in a row, and I appreciate the new jobs they are creating in our communities.”

Governor Haslam, Commissioner Hagerty Announce TTI Floor Care North America to Expand Cookeville Operations

Monday, August 25, 2014 | 01:46 pm

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with TTI Floor Care North America officials today announced the company will invest in its Cookeville facility by adding additional manufacturing capacity to introduce new product lines and support existing product transfers. TTI Floor Care North America will create 211 new jobs in Putnam County, nearly doubling its workforce over the next five years.

“I want to thank TTI Floor Care for expanding its Cookeville operations and providing more than 200 jobs to Tennesseans,” Haslam said. “When a company chooses to increase its presence in Tennessee, it speaks volumes to others about our business-friendly environment, and this announcement supports our goal to make Tennessee the No. 1 location in the Southeast for high quality jobs.”

As TTI Floor Care’s operations expand and product lines are moved to Cookeville, the company plans to return portions of their production capacity from China and Mexico.

“The percentage of Tennesseans working in the manufacturing sector is 1.3 times the national average, and this figure underscores our state’s unbeatable manufacturing momentum and workforce capability,” Hagerty said. “TTI Floor Care is one of the many successful global companies located in Tennessee, and I couldn’t be more pleased with the company’s efforts to bring high quality manufacturing jobs back to Tennessee and for further investing in our state.”

Phillip Fulmer to Keynote at 61st Annual Governor's Conference on Economic and Community Development

Monday, August 18, 2014 | 09:00 am
Phillip Fulmer
Phillip Fulmer

College Football Hall of Fame Head Coach to Address Commissioner’s Luncheon on Nov. 13, 2014

NASHVILLE – The Tennessee Department of Economic and Community Development announced today that Phillip Fulmer, former University of Tennessee football head coach, will be the keynote speaker at the Commissioner’s Luncheon Thursday, Nov. 13, 2014 during the 61st Annual Governor’s Conference on Economic and Community Development. 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. Hundreds of state and local officials, business leaders and economic developers will convene at the Renaissance Nashville Hotel for the event held Nov. 13-14 in Nashville.

ThreeStar Status Awarded to 85 Counties

Thursday, August 14, 2014 | 09:00 am

93 out of 95 Counties Meet Audit Committee Requirement

NASHVILLE—The Tennessee Department of Economic and Community Development today announced 85 out of 95 counties have been awarded ThreeStar status. In addition, since the ThreeStar community development program began requiring eligible communities to create and maintain a County Audit Committee in January 2013, the number of counties with Audit Committees has increased substantially. As of March 2013, there were 32 audit committees around the state; as of July 2014, there are 93.

“The ThreeStar program is a vital component to our state’s overall level of success, providing counties with a proven roadmap for continued economic and community strength, which in turn helps Tennessee win new investment and jobs,” Economic and Community Development Commissioner Bill Hagerty said. “Tennessee has been recognized as the number one state in the nation for economic development and these audit committees support Governor Haslam’s overarching goal of making Tennessee the most efficiently run state on every level. I congratulate all of our ThreeStar counties and those communities who are taking the initiative to create Audit Committees and work toward achieving fiscal strength and efficient government.”