Medical Device Manufacturer to Invest $4.8 Million, Create 40 New Jobs Over Five Years
NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty today joined with officials from Shelby County to announce the decision by Launch Medical to expand in Bartlett, Tenn. The company will invest $4.8 million to fit out an existing building on Wolf Lake Road in Bartlett, creating 40 jobs during a five-year period to manufacture medical device prototypes.
Federal and State Regulations Reviewed for Potential Negative Impact on Businesses
NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty today released the Regulatory Reform Report, an ECD-led review of federal and state rules and regulations impacting businesses. One of the key strategies of the governor’s Jobs4TN economic development plan was to conduct this review with the goal of identifying obstacles to investment.
Coils Manufacturing Company to Relocate Facility and Create 26 New Jobs in Brownsville
NASHVILLE – Tennessee Gov. Bill Haslam, Economic and Community Development Commissioner Bill Hagerty and Haywood County officials today joined with representatives from Precision Coils to announce plans by the company to expand and relocate its existing Somerville, Tenn. facility to Brownsville, Tenn. Increasing demand for the Precision Coils product line has made the move to a larger facility with expansion capability necessary. The expansion represents an investment of $3.7 million and the creation of 26 new jobs.
Anchor Bolt Company Expects to Create 15 New Jobs Over Three Years
NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty today joined with Henry County officials in announcing the decision by Tower Support Services, LLC to locate a manufacturing facility in McKenzie, Tenn. The newly-formed company invested approximately $650,000 in a leased facility and expects to create 15 jobs over a three-year period. The McKenzie facility is located at 25045 Hwy 22 in the McKenzie Industrial Park and began operations in mid-December.
New Jobs Created in Nashville Sales Center
NASHVILLE – Tennessee Gov. Bill Haslam, Economic and Community Development Commissioner Bill Hagerty and Nashville Mayor Karl Dean along with company officials announced today that ServiceSource® (NASDAQ: SREV), the global leader in service revenue management, is expanding its Nashville Sales Center and regional headquarters. The expansion at ServiceSource’s current downtown location will create hundreds of additional new jobs and represents a multi-million dollar investment over the next three years.
Approved Investor Application Forms Now Available
NASHVILLE – The Tennessee Technology Development Corporation (TTDC) released final program guidelines today for the INCITE Co-Investment Fund. The final program guidelines and other information pertaining to the program can be viewed on TTDC’s website at www.tntechnology.org/incite.
Deadline for First-Come, First-Served Rebates is Jan. 14, 2012
NASHVILLE – Tennessee Energy Efficiency Appliance Rebates are still available for qualifying Energy Star® room air conditioners, central air conditioners, air source heat pumps and gas furnaces, but time is quickly running out. All applications must be postmarked by Jan. 14, 2012. Appliances purchased since April 22, 2010 are eligible for a rebate debit card on a first-come, first-served basis.
Economic Development Strategy Outlined for Each of the Nine Jobs Base Camps, Announcement of Statewide Director and Northeast Tennessee Regional Director
NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty today announced the release of nine regional strategic plans outlining how ECD’s field staff will lead new economic development efforts in their regions, support existing networks of local organizations and serve as an effective conduit between the department and regional stakeholders. The plans can be viewed at http://tn.gov/ecd/.