Tennessee Gov. Haslam: Dunlap getting 100 new jobs, $700,000 in grants

Precision Military Aerodynamics investing $1.8 million in Sequatchie County parachute manufacturing facility

Tennessee Gov. Bill Haslam speaks to media at at Rotary luncheon at the Chattanooga Convention Center on Thursday, June 16, 2016, in Chattanooga.
Tennessee Gov. Bill Haslam speaks to media at at Rotary luncheon at the Chattanooga Convention Center on Thursday, June 16, 2016, in Chattanooga.

Tennessee Gov. Bill Haslam was in Dunlap today to announce that Precision Military Aerodynamics, which manufactures parachutes for sporting and military use around the world, is investing $1.8 million in its Dunlap facility and creating 100 new full-time jobs.

Haslam also announced that Dunlap is receiving a $200,350 Appalachian Regional Commission Grant and a $500,000 Local Park and Recreation Grant.

"Whether it is engineering the latest high-performance aircraft or designing the most advanced parachutes for elite Special Forces, Tennessee is known for its strong ties to the defense and aerospace industry," Haslam said in a news release. "The creation of 100 new jobs will be a boost for the local economy and increase opportunities for Dunlap and Sequatchie County residents."

Precision Military Aerodynamics recently moved into its new 200,000-square-foot facility in Dunlap to expand into new lines of production.

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