Finnish tyre manufacturer Nokian Tyres has announced plans to invest nearly $360M in a greenfield factory in Dayton (Rhea County), Tennessee.
LG Electronics has unveiled plans to build a new $250M home appliance manufacturing facility near Clarksville in the US state of Tennessee.
Germany-based Wacker Chemie is set to construct a new production plant for its HDK brand of pyrogenic silica in Tennessee, US.
Development partners OliverMcMillan and Spectrum Emery (OMSE) have unveiled plans for a new $430M mixed-use development in Nashville, Tennessee.
Methodist University Hospital has broken ground on its $280M master campus development in Memphis, Tennessee.
Campus Apartments, a US-based student accommodation provider, has unveiled three new student housing projects comprising over 1,700 beds in Tennessee, South Carolina and Pennsylvania.
US-based home improvement retailer Lowe's Companies has unveiled plans to develop a new $100M direct fulfilment centre in Robertson County, Tennessee.The 102,000sq m centre will ship parcels directly to Lowe’s customers and stores nationwide.Lowe’s chief supply chain officer Brent Kirby said: “We’re continually working to make doing business with Lowe’s easier for customers.“Investing to build a new fulfilment centre — the first of its kind for Lowe’s — allows us to offer customers more products online, consolidate multiple parcel shipments and ship purchases directly to customers faster and more efficiently.“The Nashville area was chosen due to its existing large shipping hubs, access to interstate roadways and well-skilled workforce.”Scheduled to be operational by the third quarter of 2018, the facility will initially employ about 400 people, reaching 600 by 2022.
The US Department of Energy (DOE) has approved and agreed to participate in Clean Line Energy Partners’ Plains & Eastern Clean Line transmission project.Estimated to cost $2.5bn, the project is due to be the largest clean energy infrastructure project in the US. It will offer 4,000MW of low-cost, clean power from the Oklahoma Panhandle region to customers in Arkansas, Tennessee and other states in the Mid-South and Southeast through a 705-mile direct current transmission line. The power generated is expected to be sufficient for over one million American households.The project will be entirely funded by private investment, and is anticipated to create thousands of jobs in Oklahoma, Arkansas, and Tennessee. It will include the construction of a 500MW converter station in Arkansas.Clean Line Energy Partners president Michael Skelly said that the regulatory nod will allow construction work to begin in 2017.
The government of Tennessee has unveiled plans to expand the Jack Daniel Distillery in Lynchburg, Tennessee.