Economic & Community Development

Novita Technologies to Expand Hendersonville Operations

Thursday, May 15, 2014 | 12:58 pm

Automotive Electronics Manufacturer to Invest $3.2 Million, Create 31 New Jobs

NASHVILLE – Tennessee Economic and Community Development Commissioner Bill Hagerty along with Novità Technologies officials today announced the company will expand its Hendersonville operations by investing $3.2 million in building and infrastructure improvements to an existing facility located at 175 Old Shackle Island Rd. The expansion will allow Novità Technologies to double its Hendersonville footprint and create 31 new jobs, increasing its workforce by 60 percent.

Nancy Williams Named Tennessee Main Street Program Director

Wednesday, May 07, 2014 | 10:01 am

NASHVILLE—The Department of Economic and Community Development announced today that Nancy Williams has been named Tennessee Main Street Program director, leading the initiative that provides assistance to communities in revitalizing their downtown and central business districts.

“Vibrant downtowns and central business districts are the backbone of our state’s economy,” Economic and Community Development Commissioner Bill Hagerty said. “Nurturing growth and development in our historic districts not only fosters job creation, it signifies our overall economic strength as a state. Nancy brings decades of experience and a large network of relationships to her position within our department that will be valuable assets to our Tennessee Main Street communities throughout the state.”

Babcock & Wilcox Intech Inc. to Consolidate, Expand Chattanooga Operations

Tuesday, April 29, 2014 | 01:01 pm

Premier Advanced Technology and Energy Provider to Invest $4.8 Million, Create 50 Jobs

NASHVILLE –Tennessee Economic and Community Development Commissioner Bill Hagerty along with Babcock & Wilcox Intech Inc. officials announced today the company will consolidate its Chattanooga operations by building a new facility in the Centre South Riverport Industrial Park. Babcock & Wilcox Intech Inc., a wholly-owned subsidiary of The Babcock & Wilcox Company, will more than triple its footprint in Chattanooga, resulting in an investment of $4.8 million and the creation of 50 new jobs.

Governor Haslam, Commissioner Hagerty Announce Heritage Glass to Begin New Manufacturing Operations in Sullivan County

Tuesday, April 29, 2014 | 07:58 am

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with Heritage Glass officials today announced the company will invest $15.8 million to begin new manufacturing in Kingsport, Tenn. Through this investment, Heritage Glass will create 237 new jobs in Sullivan County.
 
“I want to thank Heritage Glass for investing in our state and Sullivan County, and I appreciate the high quality jobs this will create for Tennesseans,” Haslam said. “The manufacturing sector is a critical part of the state’s strong economy, and this announcement helps us toward our goal of becoming the No. 1 location in the Southeast for high quality jobs.”
 
“In Tennessee, we pride ourselves on creating the kind of business-friendly environment where companies like Heritage Glass feel confident in investing capital and beginning a new business venture,” Hagerty said. “Heritage Glass is joining the distinguished ranks of other Tennessee companies with a world renowned reputation for manufacturing high quality goods. I welcome Heritage Glass to our state and wish them continued success as they work toward further expansions.”

Orchid Orthopedic Solutions Alabama, LLC to Locate New Manufacturing Facility in Jackson

Monday, April 14, 2014 | 02:00 pm

World Leading Medical Device Manufacturing Company to Invest $976,000, Create 25 Jobs

NASHVILLE – Tennessee Economic and Community Development Commissioner Bill Hagerty along with Orchid Orthopedic Solutions Alabama, LLC officials today announced the company will locate a new manufacturing facility in Jackson. A worldwide leader in the contract design and manufacture of implants, instruments and innovative technologies for the orthopedic, dental and cardiovascular markets, Orchid Orthopedic will invest $976,000 and create 25 new jobs in Madison County.

Governor Haslam, Commissioner Hagerty Announce Enovate Medical to Expand U.S. Corporate Headquarters in Rutherford County

Wednesday, April 09, 2014 | 09:44 am

Medical Technology Company to Create 410 New Jobs

NASHVILLE—Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with Enovate Medical officials today announced the company will expand operations at its U.S. headquarters facility located at 1152 Park Ave. in Murfreesboro, Tenn. and create 410 new jobs over the next five years. The expansion in Rutherford County represents an investment of $13.1 million by the medical device and technology company and stems from the consolidation of operations at its Canton, Mich. facility.

20|20 Research to Expand Headquarter Operations in Davidson County

Tuesday, April 08, 2014 | 10:01 am

Global Research Technology and Service Firm to Invest $1.6 Million, Create 96 New Jobs

NASHVILLE—Tennessee Department of Economic and Community Development Commissioner Bill Hagerty along with 20|20 Research officials today announced the global research technology and service firm will invest $1.6 million to expand its current headquarter operations in Davidson County and create 96 new jobs over the next four years at its new location in the historic Frost Building on Rosa L. Parks Blvd.

“Tennessee is known for its entrepreneurial spirit and as a state where bold thinkers and risk-takers can thrive,” Hagerty said. “The expansion of 20|20 Research underscores Tennessee's global reputation as one of the best places in the world to do business and a state that understands the importance of nurturing the growth of incumbent businesses. I appreciate 20|20 Research’s reinvestment in Tennessee and the high quality jobs they are creating for our communities.”

Governor Haslam, Commissioner Hagerty Announce Aspen Technologies, Inc. to Locate Manufacturing Facility in Manchester

Tuesday, April 01, 2014 | 10:01 am

Polyurethane Foam Products Manufacturer to Invest $5.1 Million, Create 161 New Jobs

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with Aspen Technologies, Inc. officials today announced the company will locate a new polyurethane foam molding plant in the Manchester Industrial Park. With a goal of doubling its molding capacity by opening the Manchester facility, the company will invest $5.1 million and create 161 new jobs over the next five years in Coffee County.

“I want to welcome Aspen Technologies to Tennessee and thank the company for choosing Manchester for its newest manufacturing operations,” Haslam said. “When a company chooses Tennessee for a new facility, it sends a strong message about our business-friendly environment, and today’s announcement supports our goal to make Tennessee the No. 1 location in the Southeast for high quality jobs.”

Resolute Forest Products US, Inc. to Make Significant Investment in Calhoun Paper Mill

Thursday, March 27, 2014 | 07:36 am

Capital Improvement Project to Result in $105 Million Investment, 25 New Jobs

NASHVILLE – Tennessee Economic and Community Development Commissioner Bill Hagerty along with Resolute Forest Products U.S., Inc. officials today announced the company will invest $105 million in equipment and building improvements at its Calhoun, Tenn. pulp and paper mill. Resolute Forest Products, a top global paper products manufacturer, is one of McMinn County’s largest employers. Upon completion of the project, the company will create 25 new jobs over the next five years.

Tennessee Main Street Communities Generated $59.8 Million in 2013

Wednesday, March 26, 2014 | 10:12 am

646 Net New Jobs Created, 182 Net New Businesses Started

NASHVILLE—The Tennessee Department of Economic and Community Development announced today the 2013 Economic Impact and Reinvestment Statistics from 23 Tennessee Main Street communities for activities occurring between January 1, 2013 and December 31, 2013. These Main Street communities generated more than $59 million of public/private investment in 2013, and continue to be a vital part of the state’s economic and cultural identity.

“Tennessee’s Main Street communities are some of the state’s most valuable and treasured resources,” Economic and Community Development Commissioner Bill Hagerty said. “These job growth and investment numbers reinforce the importance of our Main Street program in bolstering economic growth while allowing communities to develop productive initiatives that support job creation, downtown revitalization and the long-term success of our state.”