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.

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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.

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When Corporate Welfare Fails, Who Pays The Bill?

As Nashville Says Goodbye To SmileDirectClub, Tennessee Taxpayers Also Say Goodbye To $10.4 Million Of Their Hard-Earned Money That The State Invested In A Now-Failed Corporation.

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Governor Lee And Group Spent $177K In Taxpayer Dollars In Paris, Italy For TNECD Trip

Tennessee Gov. Bill Lee Spent More Than $117,000 Of Taxpayer Funds Over A Six-Day Economic Development Trip Earlier This Year.

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Nashville’s August Bioservices To Receive $1M Tennessee Fasttrack Grant

Tennessee Will Be Giving Nashville’s August Bioservices $1 Million For Its $65 Million Expansion, According To Newly Posted Incentives From The Tennessee Department Of Economic And Community Development.

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Tennessee To Hand Out $185M In Broadband Grants With Federal Funds

Tennessee Plans To Hand Out $185 Million In Broadband Grants From Federal Funds Assigned To The Tennessee Department Of Economic And Community Development.

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Magna, Ford Electric Truck Supplier, To Build Three Facilities In Tennessee

A Supplier Will Spend $790 Million To Build Two Facilities At Blue Oval City To Supply Ford’s New Electric Truck Factory, According To Tennessee’s Department Of Economic And Community Development.

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