Yearly Archives: 2015

Tennessee has once again ranked among the best states in economic development by Area Development, a leading publication focused on site selection and facility planning.

First Tennessee Bank N.A. has agreed to pay the United States $212.5 million to resolve allegations that it violated the False Claims Act by knowingly originating and underwriting mortgage loans insured by the U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA) that did not meet applicable requirements, the Justice Department announced today. First Tennessee is headquartered in Memphis, Tennessee

Two Tennessee men pleaded guilty to using a firearm to kill during a home invasion robbery they conducted on May 7, 2011, announced Assistant Attorney General Leslie R. Caldwell of the Justice Department’s Criminal Division and U.S. Attorney David Rivera of the Middle District of Tennessee

The goal of this new tool is to improve the inventory of industrial sites and buildings in Tennessee by evaluating potential properties and advising counties on where investment may be most beneficial and what steps may be needed to address issues.

Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Randy Boyd along with Proper Polymers officials announced today the company will invest $13.1 million to build a new manufacturing facility in Pulaski.

The efforts of the City's public works experts touch nearly every aspect of life within Knoxville, through the wide range of services offered by the Public Service, Fleet Services, Parks and Recreation, Engineering and Building Inspections departments.

The new Regional Development Priority (RDP) policy will make it easier for rural communities to access resources to invest in long-term community development efforts by giving priority to applications for Rural Development programs that include regional partnerships and strategies.

U.S. Senator Lamar Alexander (R-Tenn.), chairman of the Appropriations Subcommittee on Energy & Water Development, said approval of appropriations legislation today by the subcommittee shows that there is bipartisan support for “energy research, waterways and national security.” The legislation is one of the first two appropriations bills ready to be considered by the Senate Appropriations Committee this year

Tennessee Department of Economic and Community Development Commissioner Randy Boyd along with Cummins, Inc. officials announced today the company will invest $6.7 million to expand its current parts and distribution center in Memphis, creating 70 new jobs for Shelby County.

The goal is not more windmills. The law says that the goal is low-cost electricity. TVA is building emission-free nuclear plants and low-emission gas plants. It is putting pollution control equipment on its coal plants. Our air is demonstrably cleaner. What is the excuse for joining states that are raising their electric rates by using more unreliable, renewable power? If we want more good jobs and higher family incomes, TVA should stick to its mission of low rates and not be tempted to pursue the energy fad of the moment.”