Economic & Community Development

Meritor Plans Expansion of Morristown Facility

Thursday, August 18, 2011 | 07:29 am

Company Invests $26.6 Million, Will Bring 29 New Jobs to the Area

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty joined with local officials in applauding Meritor, Inc.’s decision to expand its precision forging manufacturing operations in Morristown, Tenn. The company confirmed today an investment of $26.6 million in new production equipment to serve the needs of the North American commercial truck market.

Governor, Commissioner Hagerty, Lauderdale County Welcome Quaprotek to Ripley

Wednesday, August 17, 2011 | 03:27 pm

Auto Supplier to Invest $22 Million, Create 126 New Jobs Over Five Years

NASHVILLE — Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty today joined with Lauderdale County officials in announcing the decision by Quaprotek USA to locate a manufacturing facility for the production of metal parts for vehicles, engines and power trains in Ripley, Tenn. The German-based company will invest $22 million to fit out a 63,000 square foot existing building on Highland Street in Ripley, creating 126 jobs over a five year period to supply leading manufacturers within the automotive industry.

Tennessee Ranked No. 1 in Automotive Manufacturing Strength for Second Year in a Row

Friday, August 05, 2011 | 12:57 pm

Business Facilities 2011 State Rankings Released; State Also Honored for Transportation Infrastructure, Economic Growth Potential, Business Climate

NASHVILLE – Business Facilities, a national economic development publication, has issued its annual 2011 State Rankings Report, and Tennessee has been named the No. 1 state in the nation for Automotive Manufacturing Strength for a second consecutive year. Tennessee also earned high honors for Transportation Infrastructure, Economic Growth Potential and Business Climate.

Governor Haslam, Commissioner Hagerty Welcome Spears Coastline Plastic to Pulaski

Monday, August 01, 2011 | 02:59 pm

CPVC Pipe Manufacturer to Move Facility from Alabama to Pulaski, Tenn.

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty joined representatives from Spears Coastline Plastic LLC today to announce the company’s purchase of the New Tech Color Additives building in the Pulaski/Giles County Industrial Park. Spears Coastline Plastic is a leading manufacturer of Chlorinated Polyvinyl Chloride (CPVC) pipe for fire protection, plumbing and industrial market applications and will be transferring its Ardmore, Ala.-based manufacturing facility to the Pulaski facility over the next few months, bringing 25 jobs to the region, with the intent to add 25 more within a five year period.

Governor Haslam, Commissioner Hagerty Congratulate ThyssenKrupp Waupaca on Reopening of Etowah Foundry

Thursday, July 28, 2011 | 02:21 pm

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty today congratulated officials from ThyssenKrupp Waupaca, Inc. on their decision to reopen the company’s Etowah, Tenn. iron foundry in the first quarter of 2012. As a result, 250 employees will be hired to restart production at the facility.

Governor Haslam, Commissioner Hagerty Announce Expansion of SSM Industries

Thursday, July 28, 2011 | 11:06 am

Company to Invest $3 Million, Create Additional Jobs in Spring City

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty today joined with local Rhea County officials to announce a $3 million expansion of SSM Industries in Spring City, Tenn. The expansion will add an additional 45,000 square feet to the company’s manufacturing facility and create 13 new jobs initially, with plans to expand to a projected 25 employees.

Olin Chlor Alkali Products Break Ground on $160 Million Manufacturing Facilities in Charleston, Tenn.

Friday, July 22, 2011 | 09:19 am

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty today congratulated Olin Chlor Alkali Products on the ground breaking of its new state-of-the-art membrane cell manufacturing facilities in Charleston, Tenn. Olin Corp. (NYSE: OLN), owner of Olin Chlor Alkali Products, is investing $160 million in the facilities, which are scheduled for completion by the end of 2012. The facilities will have a capacity of 200,000 tons and will be used to produce chlorine, caustic soda, potassium hydroxide and related products.

Commissioner Hagerty Announces Transition Grant Program for Local Planning Communities

Monday, July 18, 2011 | 02:43 pm

Funds Available to Help Communities Transition Local Planning Services

NASHVILLE – Tennessee Department of Economic and Community Development Commissioner Bill Hagerty today announced the agency is now accepting applications for transition funding from the 212 communities for whom ECD formerly provided local planning services. Governor Bill Haslam included $1 million for the transition in his 2011-2012 budget and each community applying for grant funds will receive an equal amount. Grant applications will be e-mailed directly to each of the client communities and applicants will have until September 1, 2011 to return the form. Applications will also be available on the agency’s web site at www.tn.gov/ecd.