Economic & Community Development

Novamet Specialty Products Corporation to Establish Headquarters, Manufacturing Facility in Lebanon

Tuesday, February 11, 2014 | 11:00 am

Specialty Metal Products Manufacturer to Invest $8.6 Million, Create 43 New Jobs

NASHVILLE –Tennessee Economic and Community Development Commissioner Bill Hagerty along with Novamet Specialty Products Corporation officials announced today the company’s plans to locate its headquarters, primary office and manufacturing facility to Lebanon. The company’s relocation to Wilson County represents an investment of $8.6 million and will create 43 new jobs over the next four years.

Governor Haslam, Commissioner Hagerty Announce WS Packaging Group, Inc. to Expand and Consolidate Operations in Knoxville

Thursday, February 06, 2014 | 11:00 am

NASHVILLE—Tennessee Governor Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with WS Packaging Group, Inc. officials today announced the company will expand its current operations in Knoxville by opening a new location in the PBR Building, located at 10215 Caneel Dr. In order to increase its operations to accommodate more industry market share, WS Packaging Group will also consolidate its Knoxville facilities to this more central location. The company will invest $43 million and create 231 new jobs.
 
“I want to thank WS Packaging Group for reinvesting in Tennessee, and I appreciate the new jobs being created in Knox County,” Haslam said. “One of the priorities in our Jobs4TN strategy is companies already doing business in Tennessee, and whenever a company already operating here decides to stay and expand, it further supports our goal of becoming the No. 1 location the southeast for high quality jobs.”

“I’m pleased WS Packaging Group can continue to benefit from Tennessee’s ideal business climate. As a state with the lowest per capita debt in the nation and our superior logistical advantages, we pride ourselves on investing in incumbent businesses,” Hagerty said. “I appreciate the new jobs WS Packaging Group is creating in our state and look forward to their continued presence in Tennessee.”

Haslam, Beretta USA Announce New Manufacturing Facility

Wednesday, January 29, 2014 | 02:25 pm

World’s oldest firearms manufacturer and major U.S. defense contractor to expand to Gallatin

NASHVILLE – Tennessee Gov. Bill Haslam, Economic and Community Development Commissioner Bill Hagerty and Beretta USA officials announced today the company will expand its U.S. operations by building a new firearms manufacturing plant in the Gallatin Industrial Park.

Beretta, a global manufacturer of high-quality sporting and military firearms, will invest $45 million in a state-of-the-art manufacturing and R&D facility and create 300 new Tennessee jobs.

Colgate-Palmolive to Locate Light Manufacturing Operation in Morristown

Wednesday, January 22, 2014 | 03:08 pm

Global Consumer Products Leader to Invest $25 Million, Create 75 New Jobs

NASHVILLE – Tennessee Economic and Community Development Commisioner Bill Hagerty along with Colgate-Palmolive announced today the company will build a new manufacturing plant to make oral care products in Morristown. Colgate-Palmolive, one of the world’s leading consumer products companies, will invest $25 million in manufacturing equipment and building and infrastructure improvements, and create 75 new jobs in Hamblen County.

Governor Haslam, Commissioner Hagerty Announce Conduit Global to Locate New Call Center Operations in Memphis

Wednesday, January 22, 2014 | 11:41 am

Leading Business Process Outsourcing Company to Create More Than 1,000 New Jobs

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with Conduit Global officials announced today the company will locate a new, 1,000-seat call center at the Goodlett Farms Office Park in Shelby County. Conduit Global, one of the world’s largest independent, fully-integrated business process outsourcing companies, will invest $8 million in building and infrastructure improvements and create more than 1,000 new jobs in Memphis.

TNTrade Program Assists Swiftwick in Securing International Distribution Deal

Tuesday, January 21, 2014 | 11:01 am

NASHVILLE—With assistance from the Tennessee Department of Economic and Community Development’s export program TNTrade, Swiftwick, a leading U.S. producer of athletic compression socks today announced a partnership with Rock Gear Distribution of Blairmore, Alberta, the company’s first Canadian distributor. Rock Gear Distribution (RGD) will provide retailers throughout Canada with full support and stocking for Swiftwick PURSUIT, ASPIRE and Cut-Resistant Hockey Sock lines.  

“Swiftwick is a great example of a company that’s taken initiative to explore alternative markets while leveraging the resources newly available from the Tennessee Department of Economic and Community Development,” TNECD Commissioner Bill Hagerty said. “As a business person, I know tackling a new market can consume scarce management time and has the potential to dilute ongoing efforts in the base business. Our goal with the TNTrade program is to minimize the distractions and maximize the effectiveness of Tennessee companies as they explore these meaningful new opportunities. Swiftwick proves you can both be successful domestically and internationally, and I congratulate them on this exciting accomplishment.”

Governor Haslam, Commissioner Hagerty Announce Total Quality Logistics to Locate in Davidson County

Wednesday, January 15, 2014 | 11:07 am

Transportation Services Company to Invest $1 million, Create 105 New Jobs

NASHVILLE—Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with Total Quality Logistics (TQL) officials today announced the transportation services company will begin operations in Davidson County. The company will open a sales office to meet the needs of its expanding client-base in the Basin Alley Building located at 105 Broadway in downtown Nashville. This expansion represents an investment of $1 million and the creation of 105 new jobs.

Tennessee Named "2013 State Of The Year" For Economic Development

Tuesday, January 14, 2014 | 11:14 am

Business Facilities magazine cites diverse top projects in award


NASHVILLE – Tennessee is the “2013 State of the Year,” according to Business Facilities magazine, a national economic development publication.


Tennessee’s top five economic development projects created a total of 6,900 jobs, $3.2 billion in capital investment and included seven expansions and three new recruitments. The magazine picked the state after evaluating the top five projects for the number of jobs created and amount of capital invested from October 1, 2012 through October 31, 2013.

Popcorn Sutton's Tennessee White Whiskey to Open New Distillery in Cocke County

Wednesday, January 08, 2014 | 11:00 am

NASHVILLE—Tennessee Department of Economic and Community Development Commissioner Bill Hagerty along with Popcorn Sutton Distilling LLC officials today announced the Nashville-based distillery has built a new, craft distillery in Cocke County. Due to increased market demand, the Tennessee whiskey manufacturer will open a new 46,000 square foot facility in Newport, Tenn. and plans to create 36 new jobs over the next five years.  

“Whether it’s whiskey, cars or guitars, Tennessee’s brand and reputation for high quality craftsmanship is world-renowned,” Hagerty said. “Popcorn Sutton Distilling LLC’s decision to invest and expand here in Tennessee speaks volumes about our state’s business climate, which is second to none.”

ArcelorMittal to Reopen Harriman Facility

Thursday, January 02, 2014 | 10:03 am

Leading Global Steel Company to Create 61 New Jobs

NASHVILLE –Tennessee Economic and Community Development Commissioner Bill Hagerty along with ArcelorMittal executives announced today the company’s plans to reopen its Harriman facility which closed in 2011 due to poor market conditions. With a goal of being fully operational by April 2014, ArcelorMittal will hire 61 new employees over the next two years in Roane County.