Tennessee Board To Vote On $9.3M In Manufacturing Plant Incentives
Sinova Silicon Is Set To Receive A Second Incentive For Its Silicon Metal Plant In Tiptonville If It Is Approved At Next Week’s State Funding Board Meeting.
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Economic Incentives
Tennessee Spent $81M On Site Development Grants Since 2016
Tennessee Has Spent More Than $81 Million On Its Site Development Grant Program To Help Pay To Get Rural Industrial Sites Prepared For Businesses Since The Program Began In 2016.
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Amazon Pauses On Construction Of Office Complex In Downtown Nashville
Amazon Is Putting A Hold On The Construction Of Their Planned Office Hub In Downtown Nashville, Saying They Are “Focused On Reimagining Work Areas.” Tennessee Residents Continue To Lose Faith In The Company As They Continue To Fail To Keep The Many Promises They Have Made To The People Of This State, All While Continuing To Take Taxpayer Funding For Their Planned Projects.
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TN Board To Approve $16M In Incentives, Including $9M For SK Food Group
More Than $16 Million In Incentives Are Set To Be Approved For Businesses, With The Largest Being $9 Million For SK Food Group, When The Tennessee State Funding Board Meets At 10:30 A.M. On Wednesday.
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In-N-Out Burger To Receive $2.75M Incentive From Tennessee ECD For Franklin Office
Tennessee’s Department Of Economic And Community Development Has Agreed To Give In-N-Out Burgers A $2.75 Million Incentive Payment As It Creates An Eastern Territory Office In Franklin.
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Tennessee Gives Additional $18M Incentive To Ultium Cells In Spring Hill
Tennessee Has Agreed To Give Ultium Cells An Additional $18 Million Incentive For Expanding Its Yet-To-Be Opened Electric Vehicle Battery Manufacturing Facility In Spring Hill.
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TN Officials Approve $40M Incentive For LG Chem’s $3.2B Clarksville Facility
Tennessee Officials Approved A $40 Million Incentive Payment For LG Chem, Which Is Planning To Spend $3.2 Billion To Build A New Cathode Manufacturing Facility In Clarksville. The Facility Will Be The Largest Foreign Direct Investment In Tennessee’s History.
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Tennessee Economic Development Agency Wants $202.5M In Additional Funds Mainly For Incentives
Tennessee’s Department Of Economic And Community Development Asked For $202.5 Million In Additional Budget Outlays For Next Fiscal Year In Its Budget Request Meeting With Gov. Bill Lee And Staff.
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Corporation That Received Almost 1/4 Billion In TN Taxpayer Dollars Now Appears To Be Laying Off Employees
Americans For Prosperity -TN State Director Tori Venable Said, “If True, Layoffs By Oracle Are A Massive Breach Of Taxpayer Trust. It Is Exactly Why Claw Back Provisions Are Important With Any Deal The Government Makes. If A Company Is Not Living Up To Their Community Development Promises, Taxpayers Should Not Be Stuck With The Bill To Fund A Private Business’ Profits.”
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Georgia-Pacific To Receive $2.4M Incentive From TN For Paper Plate Plant
Tennessee Has Agreed To Give A $2.4 Million Incentive To Georgia-Pacific As It Creates A Dixie Paper Product Manufacturing Facility In Jackson.
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