Economic & Community Development

Governor Haslam, Commissioner Boyd Announce CVMR to Establish Global Headquarters in Oak Ridge

Friday, March 13, 2015 | 11:15 am

OAK RIDGE—Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Randy Boyd along with CVMR officials today announced the company will establish its global headquarters in Roane County. CVMR is moving all of its current operations from Toronto, Canada to a Tennessee manufacturing facility located at 103 Palladium Way in Oak Ridge. CVMR is investing $313 million to establish this facility, create the CVMR Centre of Excellence for Innovation in Powder Metallurgy and production facilities for a wide spectrum of advanced metal products, resulting in 620 new jobs for Roane County.

“Today is exciting not just for Oak Ridge and Roane County but for all of Tennessee, and I want to thank CVMR for its significant investment in our state, making us the home of its corporate headquarters, research and development and manufacturing,” Haslam said. “This announcement sends a clear signal around the world about our skilled workforce, Tennessee’s commitment to innovation and its ability to compete in the global marketplace.”

“By leveraging unique resources like Oak Ridge National Laboratory, Tennessee is in an extraordinary position to support long-term growth of advanced manufacturers like CVMR,” Boyd said. “The Centre of Excellence for Innovation in Powder Metallurgy sets the stage for future innovation and makes a real statement about the strength of Tennessee’s workforce. Through workforce initiatives, like Drive to 55, we are developing and maintaining a pipeline of students who will be ready to work at some of the most sophisticated manufacturing facilities in the world. I appreciate CVMR’s commitment to Tennessee and the 620 new jobs they are creating in our communities.”

RevV! Program Supports Statewide Manufacturing Innovation

Thursday, March 12, 2015 | 09:00 am

NASHVILLE—Tennessee is piloting a voucher program that helps industries tackle their toughest manufacturing problems with the expertise and resources of the U.S. Department of Energy’s Oak Ridge National Laboratory.

The state-funded $2.5 million pilot, called “RevV!, the Tennessee Manufacturing Innovation Program,” funds access to world-leading ORNL researchers and facilities where companies can get help with product development and process innovation. The program is managed by the University of Tennessee and ORNL, with the goal of building Tennessee manufacturers’ competitive advantage in the global marketplace.

“Through RevV!, we will be able to help businesses push themselves when it comes to innovation and maintain our reputation as a state that continues to stay on the cutting edge,” Economic and Community Development Commissioner Randy Boyd said. “This pilot program will not only allow companies to take advantage of one of our state’s best assets, ORNL, but will ultimately open a pathway to creating more jobs and sustaining long-term community growth.”

Governor Haslam, Commissioner Boyd Announce Gruppo Concorde to Open First U.S. Manufacturing Facility in Maury County

Thursday, March 05, 2015 | 10:00 am

NASHVILLE—Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Randy Boyd along with Gruppo Concorde officials announced today the company plans to build its first U.S. manufacturing facility in Mt. Pleasant, where it will produce porcelain tiles. Gruppo Concorde, through its North American subsidiary UST Inc., will invest approximately $80 million to construct a new 600,000 square foot facility on 96 acres in Maury County, creating 180 new jobs.

“We want to thank Gruppo Concorde for its investment in Tennessee and the 180 new jobs they are creating in Maury County,” Haslam said. “Having this global company locate its first U.S. manufacturing facility in Tennessee says something—that we compete with anyone as we continue our work to become the No. 1 location in the Southeast for high quality jobs.”

Gruppo Concorde was founded in 1968, and with over 2,200 employees worldwide, the company has expanded to become one of the largest producers of high-end ceramic tile, operating production sites in Italy, France and Russia and exporting its products to more than 130 countries around the globe.

“Tennessee continues to build upon its reputation as the North American location choice for the international tile manufacturing industry,” Boyd said. “Since 2011, five ceramics companies have committed a total of 630 new jobs to our state. Gruppo Concorde, and the jobs they are creating, is a valuable addition to the community, and I look forward to their continued growth and success in Tennessee.”

Governor Haslam, Commissioner Boyd Announce Unipres USA Inc. to Expand Portland Facilities

Tuesday, February 24, 2015 | 10:01 am

Global Automotive Parts Manufacturer to Create 435 New Jobs

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Randy Boyd along with Unipres USA Inc. officials announced today the company will expand its Portland facilities by adding new presses and building space to house the additional presses. The expansion will create 435 new jobs over the next five years in Sumner County.

“We want to congratulate Unipres USA on its expansion and thank the company for its plans to create more than 400 new jobs in Portland,” Haslam said. “The momentum of our automotive sector is a direct result of the success of the many manufacturers, suppliers and other thriving automotive-related companies that call our state home, and today’s announcement supports our goal to make Tennessee the No. 1 location in the Southeast for high quality jobs.”

“Unipres USA has not only been an outstanding corporate citizen in Portland, it has also made a significant difference in the community with its contributions to local schools, parks, and fire and police departments,” Boyd said. “I would like to thank Unipres USA for its continued investment in Sumner County and look forward to the company’s future growth and success in Middle Tennessee.”

Parkdale Mills to Expand Mountain City Manufacturing Facility

Monday, February 23, 2015 | 01:00 pm

Global Spun Yarn Producer to Invest $120 Million, Create 80 New Jobs

NASHVILLE – Tennessee Economic and Community Development Commissioner Randy Boyd along with Parkdale Mills officials announced today the company will invest $120 million to expand its Mountain City operations making it the company’s largest ring spinning installation. In order to accommodate the expansion, Parkdale Mills will increase its existing footprint to include an additional 222,158 square feet and create 80 new jobs in Johnson County.

“Parkdale Mills is the largest manufacturer in Johnson County, and today’s announcement is a tremendous uplift for the area’s citizens and its outstanding workforce,” Boyd said. “This is great news for Mountain City, and we’re thankful to Parkdale Mills for choosing to further invest in our state and create more jobs for Tennesseans.”

Pilot Program Encourages Microenterprise

Monday, February 09, 2015 | 02:08 pm

NASHVILLE—The Tennessee Department of Economic and Community Development is launching “LiftTN: Microenterprise,” a pilot program to expand microenterprise development across the state. The program—funded through the United States Department of Housing and Urban Development (HUD)—is aimed at helping businesses that have five or fewer employees expand. $400,000 in total grant money is being awarded over a two-year contract to these five grantees:

•    West TN: altShops through Communities Unlimited ($100,000)
•    East TN: Mentor-Protégée Program through Knoxville Chamber of Commerce ($50,000)
•    Middle and Statewide: Incubator Without Walls Expansion Program through Nashville
      Business Incubation Center ($200,000)
•    Community-based Program: Sonneschein Green Initiatives (SGI) Marketplace in Hohenwald ($25,000)
•    Youth: TN Code Academy for Youth ($25,000)

“I am extremely pleased TNECD can participate in this pilot program,” Economic and Community Development Commissioner Randy Boyd said. “Encouraging and supporting entrepreneurship is an important piece of a robust economic development strategy, as entrepreneurs choose to stay here and invest in our state, which ultimately helps create jobs and sustain long-term community growth.”

Governor Haslam, Commissioner Boyd Announce TeamHealth to Expand, Build New Facility in Blount County

Wednesday, January 28, 2015 | 04:35 pm

NASHVILLE—Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Randy Boyd along with TeamHealth officials announced today the company is expanding its current operations in East Tennessee. TeamHealth, whose home office is located in Knoxville, will invest $16.8 million to construct additional space next to its second location at Base Pointe Business Park in Louisville. This expansion will create 450 new jobs in Blount County.

“It always says a lot to businesses around the country and world when a company like TeamHealth, with a great history in our state, chooses to continue growing here,” Haslam said. “We want to thank TeamHealth for this significant investment and creating 450 new jobs in Blount County. Today’s announcement is great news for our East Tennessee communities and brings us another step closer toward our goal to make Tennessee the No. 1 location in the Southeast for high quality jobs.”

“TeamHealth is a valued organization in Tennessee and I’m pleased they can take advantage of our business-friendly environment to continue expanding in our state,” Boyd said. “These jobs will make a big difference in our communities, paving the way for additional long-term growth. I want to thank TeamHealth for their investment, and I look forward to their ongoing presence in Tennessee.”

Governor Haslam, Commissioner Boyd Announce DENSO Manufacturing Athens Tennessee to Expand Operations

Wednesday, January 28, 2015 | 01:00 pm

Leading Global Automotive Supplier to Invest More Than $85 Million, Create 400 Jobs

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Randy Boyd along with DENSO Manufacturing Athens Tennessee (DMAT) officials announced today the company will expand production of its gasoline direct injection (GDI) capability in Athens by building a new 224,000 square foot facility at its existing location.  DENSO, a leading global automotive supplier of advanced technology, systems and components, will invest more than $85 million and create 400 new jobs over the next three years in McMinn County.

The announcement marks DMAT’s third major investment in an 18-month period. The overall expansion effort will represent a total investment of approximately $190 million and more than 700 new jobs. Production at the new facility will begin in July 2016.

Tennessee Named Economic Development 'State of the Year' for Second Consecutive Year

Monday, January 05, 2015 | 09:16 am

Tennessee first state to win award in back-to-back years
 
NASHVILLE – Tennessee Gov. Bill Haslam today announced Business Facilities, a leading national publication focused on site selection and economic development, has named Tennessee its 2014 State of the Year for a second consecutive year. 
 
Tennessee becomes the first state in the award’s history to win back-to-back honors for economic development efforts and the first state to win the designation three times, winning in 2014, 2013 and 2009.