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69制片厂制作传媒淭he development of a program that grows industrial investments across our state is a welcome innovation for Tennessee workers and their communities,69制片厂制作传媒� City Mayor Gary Chesney said. 69制片厂制作传媒淚 applaud the Department of Economic and Community Development for its hard work and, on behalf of the City of Morristown, extend sincere appreciation for our selection.69制片厂制作传媒�

The grants, totaling more than $17 million, are designed to help communities invest in infrastructure and engineering improvements to land economic development projects and achieve Select Tennessee site certification.

"In Morristown and Hamblen County, we are very fortunate and grateful to be awarded this Industrial Site Development Grant,69制片厂制作传媒� County Mayor Chris Cutshaw said. 69制片厂制作传媒淢any thanks to the work of Marshall Ramsey and the Morristown Area Chamber of Commerce and their collective efforts in their vision to apply for this grant.听 Also, thank you to the TNECD in recognizing the commitment our community has in Industrial development.

The Site Development Grant program is part of the Rural Economic Opportunity Act, which provides funding to improve the economies of Tennessee69制片厂制作传媒檚 rural communities.

69制片厂制作传媒淥ur potential here in Morristown and Hamblen County exhibits enormous potential and reveals our capacity to have a desirable return on investment and an ability to navigate future challenges to empower our citizens.听 Morristown and Hamblen County continue to shine brightly as a leader in industrial development,69制片厂制作传媒� Cutshaw added.

The term 69制片厂制作传媒榮peculative construction69制片厂制作传媒� is used to describe a process in which a building project is undertaken with no formal commitment from any end users. According to TNECD specifications, the minimum speculative building size is 100,000 square feet, expandable to 250,000 feet.

69制片厂制作传媒淭his is great news for Morristown to be able to participate in in the spec building program that the state has announced.听 This will help tremendously in our recruitment because we have not been able to receive the attention for an industry that requires a spec building of this size.69制片厂制作传媒� R. Jack Fishman, Chairman of the Industrial Board, said.

69制片厂制作传媒淲e are appreciative of the State of TN Dept of Economic and Community Development for their partnership in our project,69制片厂制作传媒� Marshall Ramsey, Morristown Area Chamber of Commerce President, said. 69制片厂制作传媒淲e have seen extreme demand for buildings of this size and have missed far too many opportunities on projects in the last few years due to lack of a building like this. Our hope is to have potential tenants in place at the time of completion of the building and based on the number of projects we are seeing, this could very well be a reality. I69制片厂制作传媒檇 also like to thank Brad Maul with the East Tennessee Economic Development Agency for his support and assistance with the application as this had many moving parts and he helped pull this puzzle together.69制片厂制作传媒�

Since 2016, TNECD has awarded 191 Site Development Grants across the state, totaling nearly $100 million in assistance to local communities and generating 7,091 new jobs for Tennesseans.

69制片厂制作传媒淎 shovel-ready industrial site can be the deciding factor for a company looking to do business in Tennessee, and that69制片厂制作传媒檚 why our efforts are critical to community and economic development,69制片厂制作传媒� said Gov. Lee. 69制片厂制作传媒淚 congratulate the communities receiving funding through this round of grants and look forward to seeing the growth our investment in these sites will bring.69制片厂制作传媒�

听69制片厂制作传媒淓leven Tennessee communities are one step closer to achieving Select Tennessee Site certification through today69制片厂制作传媒檚 announcement,69制片厂制作传媒� said Commissioner McWhorter. 69制片厂制作传媒淭ennessee69制片厂制作传媒檚 rural communities are the backbone of our state, and I applaud the local leaders who have taken the necessary steps to set each of these communities up for future economic investment and job creation.69制片厂制作传媒�

The grants awarded this round include:

• City of Trenton Economic and Industrial Development Board Trenton IDB Building, $20,000 69制片厂制作传媒� Due diligence
• City of Union City, Tennessee Northwest TN Regional Industrial Center, $1,100,000 69制片厂制作传媒� Property clearing and grading
• Clarksville-Montgomery County Area Economic Development Council, Inc. - Clarksville Montgomery County North Industrial Park, $600,000 69制片厂制作传媒� Access road construction and due diligence
• Industrial Board of Coffee County, Tennessee, Incorporated. Manchester Industrial Park, $1,610,450 69制片厂制作传媒� Sewer infrastructure
• Industrial Development Board of the County of Benton. Smith Property, $1,937,050 69制片厂制作传媒� Property purchase
• The Industrial Development Board of Fentress County. Clarkrange Regional Business Park, $100,000 69制片厂制作传媒� Due diligence.
• The Industrial Development Board of Scott County, Tennessee. Airport Industrial Site, $66,500 69制片厂制作传媒� Due diligence
• The Industrial Development Board of the City of Fayetteville and Lincoln County, Tennessee. Runway Centre Industrial Park, $3,500,000 69制片厂制作传媒� Speculative building construction
• The Industrial Development Board of the County of Bradley and the City of Cleveland, Tennessee. Spring Branch Industrial Park Lots 8 & 9, $2,946,186 69制片厂制作传媒� Property grading
• The Paris 69制片厂制作传媒� Henry County Industrial Committee. Paris-Henry County Industrial Park, $1,123,760 69制片厂制作传媒� Property clearing and due diligence

Applications were reviewed by an advisory committee made up of TNECD, Austin Consulting, the Tennessee Valley Authority, the Tennessee Department of Environment and Conservation and the Tennessee Department of Transportation. Each application was supported by the community69制片厂制作传媒檚 senator and representatives in the Tennessee General Assembly.

The Tennessee Department of Economic and Community Development69制片厂制作传媒檚 mission is to develop strategies that help make Tennessee the No. 1 location in the Southeast for high quality jobs. To grow and strengthen Tennessee, the department seeks to attract new corporate investment to the state and works with Tennessee companies to facilitate expansion and economic growth.