Economic & Community Development

OTICS USA, Inc. to Expand Morristown Location

Friday, February 03, 2012 | 09:02 am

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

Tuesday, January 31, 2012 | 03:28 pm
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

Friday, January 27, 2012 | 02:31 pm
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

Friday, January 27, 2012 | 10:52 am

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

Thursday, January 19, 2012 | 02:02 pm

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

Thursday, January 19, 2012 | 11:01 am

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.

Commissioner Hagerty to Lead Trade Mission to China and South Korea

Wednesday, January 18, 2012 | 12:15 pm

Trade Mission Focusing on Medical Device Manufacturers, Applications Due Feb. 1

NASHVILLE – The Tennessee Department of Economic and Community Development announced today that Commissioner Bill Hagerty will lead ECD’s trade mission to China and South Korea April 15-21, 2012 that will focus on Tennessee’s medical device manufacturers and other health care companies. Applications are available at tn.gov/ecd/tntrade/trademission, along with a video explaining the trade mission. The deadline for companies to apply is Feb. 1. The trade mission is part of the recently announced TNTrade, a new initiative designed to help boost exports by Tennessee’s small- and medium-sized businesses.

Topre America Corporation to Open Location in Smyrna Nissan Facility

Friday, January 13, 2012 | 12:01 pm

Automotive Supplier to Create 25 New Positions

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty, along with Rutherford County officials, today announced that Topre America Corporation will open a manufacturing operation in Nissan North America’s Smyrna facility. The new location represents a multi-million dollar investment and the creation of 25 jobs.

Century Mold to Expand Shelbyville Location

Friday, January 13, 2012 | 10:01 am

Injection Molding Manufacturer to Create 58 New Jobs in Bedford County

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty today joined with representatives from Century Mold Co., Inc. to announce plans by the company to expand its Shelbyville facility located at 508 Blue Ribbon Parkway. The company will invest $4.2 million and create 58 manufacturing jobs.

J&J Warehousing & Storage Expands in Greeneville

Thursday, January 12, 2012 | 12:24 pm
37 New Jobs Created over Three Years, $600,000 Investment
 
NASHVILLE, Tenn. – Tennessee Gov. Bill Haslam, Economic and Community Development Commissioner Bill Hagerty along with company and local officials announced today that J&J Warehousing & Storage, Inc. will expand operations, creating 37 new jobs over the next three years. The Greeneville, Tenn. company manufactures and assembles welded components for the automotive industry.