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Economic and Community Development

Tennessee's Rural Opportunity Fund Wins International Award

Released on Thu, May 21, 2009 - 7:30 am under
NASHVILLE — The Tennessee Rural Opportunity Fund, a first of its kind $10 million revolving loan fund providing growth capital to businesses in rural Tennessee, has recently been honored for its economic development achievement. The statewide initiative has won the Business Retention and Expansion International's (BREI) 2009 Multi-Community Program Award for populations over 100,000.  

BERO To Host Tennessee Business Matchmaking 2009 Webinar Series

Released on Mon, May 18, 2009 - 9:31 am under

 Webinar Series Scheduled For Every Third Tuesday, May through December

NASHVILLE, Tenn. – The Business Enterprise Resource Office (BERO), a division of the Tennessee Department of Economic and Community Development, will host the Tennessee Business Matchmaking Webinar Series that will provide Tennessee’s small, minority-, and women-owned businesses a cost-effective way to learn about existing procurement opportunities with public and private entities. The first session on How to Do Business with the State of Tennessee is scheduled for Tuesday, May 19. 

Bredesen Proposes Volunteer Solar Initiative

Released on Thu, May 14, 2009 - 7:55 am under

Recovery Act Funds to Power Comprehensive Economic-Development Program

 

NASHVILLE - Governor Phil Bredesen today proposed the Volunteer State Solar Initiative, a comprehensive solar-energy and economic-development program that will use up to $62.5 million in federal American Recovery and Reinvestment Act funds to advance job creation, education, research, and renewable-power production in Tennessee.

 

Bredesen Recommends ARC Grants

Released on Fri, May 01, 2009 - 10:58 am under

 NASHVILLE – Governor Phil Bredesen today announced the recommendation of 22 Appalachian Regional Commission (ARC) grants to assist state and local agencies, governmental entities, local governing boards or nonprofit organizations with infrastructure improvements.

ECD Commissioner Matt Kisber to Address Auto Suppliers in Germany

Released on Wed, Apr 15, 2009 - 9:36 am under
Team of Tennessee Leaders Traveling to Hanover for Southeastern Automotive Supplier Forum  
NASHVILLE — ECD Commissioner Matt Kisber will travel to Hanover, Germany to speak about strategies and opportunities in Tennessee for German original engine manufacturers and automotive suppliers during the Southeastern Automotive Supplier Forum April 16. The conference is sponsored by the Chamber of Industry and Commerce Hanover and the German American Chambers of Commerce of the Southern U.S. 
 

Tennessee Center for Performance Excellence Announces 2009 Board

Released on Mon, Apr 06, 2009 - 2:54 pm under
ECD Commissioner Matt Kisber to Serve on Board of Directors
 
NASHVILLE — The non-profit Tennessee Center for Performance Excellence (TNCPE) has announced its Board of Directors for 2009, and Tennessee Department of Economic and Community Development Commissioner Matt Kisber will serve. TNCPE is an economic development organization that provides regional organizations access to low-cost performance improvement services and education.

Tennessee Firm Awarded $147 Million Contract With Volkswagen

Released on Thu, Apr 02, 2009 - 2:03 pm under

M-Tek, Inc. to Supply Interior Door Panels for New Midsize Sedan

NASHVILLE – Governor Phil Bredesen and Tennessee Commissioner of Economic and Community Development Matt Kisber today applauded Volkswagen Group of America’s decision to award a $147 million dollar contract to M-Tek, Incorporated of Manchester, Tennessee. The company will provide interior door panels for a new Volkswagen midsize sedan scheduled to begin production in early 2011.

VW and Hemlock Win Corporate Investment Awards

Released on Thu, Mar 19, 2009 - 11:28 am under

Trade & Industry Development Announces Fourth Annual CiCi Awards

NASHVILLE – Trade & Industry Development, a site selection trade publication, has awarded Volkswagen Group of America, Inc. and Hemlock Semiconductor the magazine’s 2009 Corporate Investment and Community Impact (CiCi) Awards.
 
Trade & Industry Development recognized Volkswagen and Hemlock Semiconductor in the corporate investment category, which focuses on overall capital investment and job creation, taking into account the scale of a project in a particular location.

SBBI Announces New Manufacturing Plant In Lexington, Tennessee

Released on Fri, Mar 06, 2009 - 11:51 am under
Company Expected to Create 38 New Jobs and Invest $1.7 Million
 
NASHVILLE – Tennessee’s Economic and Community Development Commissioner Matt Kisber congratulated Summit-Brantley Innovations, LLC today on the announcement of its Lexington, Tenn. plant. The facility will add 38 new jobs to the area and represents an investment of $1.7 million. SBBI, an innovative building components manufacturer, specializes in trusses, floor systems, pre-engineered wall and floor panelization and other components.

Governor Bredesen, Commissioner Kisber Announce New Investment in Renewable Energy Sector, Creating 500 New Jobs

Released on Thu, Feb 26, 2009 - 11:18 am under
Wacker Chemie AG Announcement
Wacker Chemie AG Announcement

 

German-based Polysilicon Manufacturer Becomes Tennessee’s 3rd $1 Billion Project in Eight Months

CLEVELAND, Tenn. – Tennessee Governor Phil Bredesen today joined Economic and Community Development Commissioner Matt Kisber, Dr. Rudolph Staudigl, president and CEO of Wacker Chemie AG of Munich, Germany and Dr. Ingomar Kovar, president of Wacker Chemical Corporation, Adrian, MI. in announcing the company’s plans to build a $1 billion dollar facility for the manufacture of hyperpure polycrystalline silicon in Bradley County, Tenn. Polycrystalline silicon is a primary component used in the manufacture of solar panels and semiconductors and the project is expected to create more than 500 new jobs for the region.

 
“This announcement further enhances Tennessee’s growing reputation as an innovation center in the development and manufacture of clean energy technologies,” said Governor Bredesen. “I appreciate Wacker Chemie’s investment in Tennessee and its recognition of the productivity of Tennessee workers, and I’m very pleased the company believes Tennessee is the best place to enhance its position in a growing economic sector.”
 
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