Economic & Community Development

Governor Haslam and Commissioner Hagerty Announce Jobs4TN Plan and Results of First Departmental Top-To-Bottom Review

Wednesday, April 20, 2011 | 01:00 pm

Jobs4TN Plan Includes Four Key Strategies; ECD to Reduce Staff by 35 percent

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner (ECD) Bill Hagerty today announced the Jobs4TN plan, which lays out the administration’s economic development strategy resulting from a top-to-bottom review of the department. The governor’s Jobs4TN plan focuses on:

Governor, Commissioner Welcome Auto Supplier to Rutherford County

Wednesday, April 20, 2011 | 09:31 am

Valeo to Invest Up to $5.4 Million, Create 63 Jobs in Smyrna

NASHVILLE — Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty today joined with officials from Rutherford County in announcing plans by Valeo to locate a manufacturing facility for automotive parts in Smyrna, Tenn. The company is renovating a building at 611 Enon Springs and plans to invest up to $5.4 million, creating 63 jobs within a year of occupancy.

Governor, Commissioner Welcome VICAM to Coffee County

Wednesday, March 09, 2011 | 12:16 pm
JVC, Viam, Oyama Chemical Develop New Company with $32 Million Investment, 70 New Jobs
 
NASHVILLE, Tenn. — Governor Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with Ryuji Matsumoto, president of VIAM Manufacturing Inc., announced plans today to locate VICAM in Manchester, Tenn. The company is a newly formed subsidiary of leading nonwoven materials producer Japan Vilene Company (JVC) to be managed by VIAM Manufacturing and utilize technology developed by Oyama Chemical. VICAM will build a facility for the production of a polyester-based carpet fiber that is expected to open in January 2012, and represents an investment of $32 million and 70 new jobs when all phases of construction are complete. 

ECD Announces Winners of Statewide Entrepreneurship Video Competition

Tuesday, March 01, 2011 | 04:19 pm

Brooks Shaw & Son Old Country Store of Jackson Takes Top Prize

NASHVILLE — Tennessee Economic and Community Development Commissioner Bill Hagerty today announced Brooks Shaw & Son Old Country Store of Jackson as the winner of the second annual statewide entrepreneurship video competition – “What Makes You an Entrepreneur?” Brooks Shaw & Son Old Country Store will receive a $500 cash prize in addition to a professional marketing package valued at $2,000 for the business.

Two Three-Star Communities Receive TNCPE 2010 Commitment Award

Friday, February 25, 2011 | 03:56 pm

Cumberland and Wayne Counties Honored for Strategic Planning Efforts

 NASHVILLE – Tennessee Department of Economic and Community Development Commissioner Bill Hagerty applauded Cumberland and Wayne counties on their 2010 Commitment Awards presented on Wednesday, Feb. 23, 2011 by the Tennessee Center for Performance Excellence (TNCPE). The two Three-Star communities have completed a rigorous evaluation and feedback process based on criteria from the Baldrige Performance Excellence Program.

Governor Haslam, Commissioner Hagerty Announce New Investment in Greene County, TN

Tuesday, February 22, 2011 | 10:36 am
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Austin Powder, Inc to Invest $110 Million, Create 80 New Jobs
 
NASHVILLE, Tenn. – Governor Bill Haslam and ECD Commissioner Bill Hagerty today joined with executives of Ohio-based Austin Powder, Inc to announce the company’s plan to build a manufacturing facility for the production of liquid ammonium nitrate on a 400 acre site near the intersection of I-81 and Highway 11E in Greene County, Tennessee. The company will invest more than $110 million and create 80 new jobs with an annual payroll of $4 million. The facility will operate under the name U.S. Nitrogen.
 

Mitsubishi Electric Power Products to Build Transformers in Memphis

Monday, February 14, 2011 | 11:34 am

$200 Million Investment to Bring 275 HQ and Production Jobs to Tennessee

NASHVILLE – Governor Bill Haslam and Commissioner Bill Hagerty of the Tennessee Department of Economic and Community Development today joined with Brian Heery, president and CEO of Mitsubishi Electric Power Products, Memphis Mayor A C Wharton and Shelby County Mayor Mark Luttrell to announce the company’s decision to invest $200 million to build a production facility for electric transformers in the Rivergate Industrial Park in Memphis, Tennessee, creating up to 275 new jobs. The new facility will produce extra-high voltage shell type power transformers and will be Mitsubishi’s national headquarters for the production of heavy electrical equipment. Mitsubishi Electric Power Products, Inc is part of a business group owned by Mitsubishi Electric Corporation of Tokyo, Japan.