published Thursday, December 29th, 2011

BusinessInvestment: 2011 business additions create or keep more than 800 jobs

New and expanding businesses announced plans this year to invest $143.2 million and add or keep 803 jobs in the Chattanooga area. The projects include:

1. Life Care Centers retirement home in Ooltewah, projected to cost $41 million and add 250 jobs

2. Archer Daniels Midland relocation of its flour milling plant to Enterprise South, projected to cost $25 million and keep 25 jobs

3. CarMax dealership on Overnite Drive, projected to cost $20 million and create 60 jobs

4. Mann + Hummel USA automotive parts plant in Dunlap, Tenn., projected to cost $15 million and add 150 jobs

5. Craftworks Restaurants and Breweries new company headquarters on the Southside, projected to cost $11 million and add 75 jobs

6. Roadtec plant expansion, projected to cost nearly $9.3 million and create 90 jobs

7. Akzo Nobel specialty chemicals and coatings plant expansion, projected to cost $6.7 million and add seven jobs

8. Gestamp Corp., expansion of its automotive stamping plant, projected to cost $3 million

9. Hamilton Funeral Home & Cremation Services, projected to cost $2 million and add 10 jobs

10. LJT steel warehouse expansion, projected to cost $2 million and create six jobs

Eleven other projects are collectively projected to cost another $8.2 million and add another 105 jobs.

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ioladunning said...

That' what High Speed Universities is all about, to further the education of students. They need more than a high school degree today, they need at least 2 years of college, preferrably 4, and then we're going to work with communities so they can grow economically and create more jobs for our young people

December 29, 2011 at 2:03 a.m.
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