Economic Development | Nashville Public Radio

Economic Development

Sergio Martínez-Beltrán / WPLN

Tuesday was a big day for the Nashville economy.

Amazon announced it will create 5,000 jobs in the Music City. The New York firm Ernst & Young says it will bring another 600 jobs. And a major basketball tournament will be coming back to Bridgestone Arena.

Julieta Martinelli / WPLN

Nashville will be home to a new distribution hub for the retail giant Amazon, bringing 5,000 corporate jobs to the city in what public officials are describing as the "single largest jobs commitment" in the state's history.

Chris St. Clair / WPLN

Demolition teams brought down LifeWay’s Draper Tower on Saturday without incident. The building was known for the Christian crosses on its façade, and its implosion makes way for a new billion-dollar development in its place.

TN Photo Services

The state of Tennessee is asking for $2 million next year to whip the Memphis Regional Megasite into shape, a process that will include hiring an outside consultant to assess why the decade-long project hasn't yet landed a major manufacturer.

Chas Sisk / WPLN

After four years in the works, Hankook Tire is ready to fire up its massive new manufacturing facility just outside Clarksville.

Blake Farmer / WPLN

Electronics giant Philips is planning to bring 800 jobs to the Nashville area focused on health care technology. The company makes medical imaging equipment found in most hospitals like x-rays and MRI machines.

courtesy ECD

One of Tennessee's most economically distressed counties has landed a startup textile manufacturer that says it will create 1,000 jobs. Textile Corporation of America is opening up shop in Pikeville.

Chas Sisk / WPLN

A Chinese auto supplier is opening its first American plant in Lewisburg.

Minth Group, which builds plastic components and body parts for the major automakers, says it'll start by employing 200 people, and the first customer of its $13.2 million, Marshall County facility will be Daimler's Mercedes plant in Alabama. But the company could eventually ship to car manufacturers across the Southeast, says chief operating officer Jimmy Chen.

LG Electronics

A South Korean official says a new plant near Clarksville will be the first major investment from that country since President Trump took office.

Hyung-hwan Joo, the minister of trade for South Korea, joined Governor Bill Haslam to announce Tuesday that a $250-million facility LG Electronics will build to make washing machines will be one of the world's most advanced. The plant will employ 600 people.

Chas Sisk / WPLN

It was one of the clearest promises President Trump made on the campaign trail: He'd renegotiate the Trans-Pacific Partnership, a 12-nation trade agreement hammered out by his predecessor.

Charlie Nelson was hoping for the deal to go through anyway somehow. Now, the president of Green Brier Distillery in Nashville is trying to stay optimistic another trade deal will soon take the TPP's place.