Custom Foods Of America Gets $1.5M, NewBasis $900K In TNECD Incentives

Custom Foods Of America In Knoxville Will Receive A $1.5 Million Incentive While NewBasis In Lebanon Will Get $900,000 From Tennessee’s Department Of Economic And Community Development As More Than $10 Million In Incentives Were Approved Unanimously Without Board Discussion At Thursday’s State Funding Board Meeting.

Read more

Axle Logistics Gets $5M, Vonore Fiber Products $2.25M From TNECD

Tennessee’s Department Of Economic & Community Development Is Giving Axle Logistics A $5 Million Incentive For Its $37.9 Million Expansion In Knoxville. The Board Is Also Set To Approve $2.25 Million For Vonore Fiber Products In Monroe County, $1 Million For Florim USA In Clarksville And Yet-To-Be-Named $1.5 Million And $900,000 Incentives.

Read more

TNECD Granted $76.3M In Incentives At $5,895 Per Promised Job In ’23

Tennessee Gave Out An Average Of $5,895 In FastTrack Incentive Grants For Each Promised Job In 2023, Down From $7,385 In 2022, According To Data From Tennessee’s Department Of Economic And Community Development.

Read more

Nashville Population Increased By Nearly 100 Residents Per Day In 2022

Census Data Shows That Metro Nashville Added Nearly 100 New Residents Every Day In 2022. Not Every Aspect Of This Growth Is Positive, However…

Read more

Energy Groups Call On Biden To Revise ‘Punitive’ Leasing Regulation Plan

Fourteen U.S. Energy Groups Have Called On The Biden Administration To Prioritize U.S. Energy Production And American’s Energy Needs By Developing Fair And Consistent Federal Leasing Regulations.

Read more

Yellow Trucking Company Files For Bankruptcy After Receiving $700 Million In Taxpayer Dollars

A Major U.S. Trucking Company Called Yellow Corp That Received $700 Million In Taxpayer Funds During The Pandemic Has Now Declared Bankruptcy, Leaving Taxpayers On The Hook And Likely Spiking Prices On A Range Of Goods. The Nashville-Based Company Filed For Bankruptcy Sunday, Which Cost 30,000 Jobs.

Read more