Tennessee Conservative
For The Third Time In Little More Than A Month, Gov. Bill Lee Is Seeing Shakeup Within His Cabinet, As His Chief Economic Recruiter Prepares To Leave And Open The Way For A Former Chief Administrator To Return.
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Tennessee Allocated Six Incentive Grants Worth At Least $1 Million To Companies This Year Who Are Either Building New Facilities Or Expanding Facilities In The State.
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Tennessee’s New Entertainment Tax Credit, An Incentive For Everything From Television Shows And Films To Video Game Development And Post-Production, Was Announced Tuesday By The Tennessee Department Of Revenue And Department Of Economic And Community Development.
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Construction On Ford’s Blue Oval City Is Set To Begin In March On 3,600 Acres Of The West Tennessee Regional Megasite And Logistics Are Now A Large Question.
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Celebrations For The $5.6 Billion Ford Motor Electric Truck And Battery Plant Are Over As State And Local Officials Run Headlong Into The Reality Of A Massive Construction Project.
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Among Current State Officials And Lawmakers, Many Of Whom Approved The Program In 2009, Criticism Of TNInvestco Abounds. They Point To Underwhelming Investment Returns, Accountability Issues, Lackluster Job Creation, High Cost To Taxpayers And A Structure That Rewards Participating Investors Regardless Of Outcome.
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West Star Aviation Will Invest $17 Million To Expand Its Existing Operations At The Chattanooga Metropolitan Airport (KCHA).
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Tennessee Gov. Bill Lee Was One Of 11 Governors Who Signed A Letter Sent To U.S. Congressional Leaders Opposing Legislation That Would Incentivize Electric Vehicle Manufacturers Using Union Labor.
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Tennessee Lawmakers Treated A Proposed $5.6 Billion Ford Electric Truck Plant As If It Were Too Big To Fail, Passing Legislation Tuesday In Committees Through Gritted Teeth Before One Piece Stalled In The House Finance, Ways And Means Committee.
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Lawmakers Across The State Are Cheering The Blue Oval City Plan For The Memphis Regional Megasite, A Ford-SK Innovation Project To Build Electric Trucks And Batteries That Will Transform Southwest Tennessee.
But The $5.6 Billion Project, Which Will Lead To 5,800 Jobs, Comes With Some Teeth Grinding And Eye Rolling As Well.
In Other Words, To Land This Deal For Another Auto Manufacturer, State Leaders Are Having To Play Friendly With A Company Clearly Embracing President Joe Biden’s Green New Deal And The United Auto Workers.
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