$100 million company to be announced in Tennessee today

FILE - In this Feb. 9, 2015 file photo, Gov. Bill Haslam delivers his annual State of the State address to the Tennessee Legislature in Nashville, Tenn. Years of Republican attacks on President Barack Obama’s health care law may have paid dividends at the ballot box, but they also made it much harder for GOP governors to make the case that expanding Medicaid in their states is a good idea. Haslam corralled the broad support of business groups and the state's powerful health care industry for his plan to cover 280,000 low-income residents. He ended up losing out to a steady drumbeat of anti-Obama rhetoric and threats of primary challenges to Republican lawmakers who considered going along. (AP Photo/Mark Humphrey) FILE - In this Feb. 9, 2015 file photo, Gov. Bill Haslam delivers his annual State of the State address to the Tennessee Legislature in Nashville, Tenn. Years of Republican attacks on President Barack Obama’s health care law may have paid dividends at the ballot box, but they also made it much harder for GOP governors to make the case that expanding Medicaid in their states is a good idea. Haslam corralled the broad support of business groups and the state's powerful health care industry for his plan to cover 280,000 low-income residents. He ended up losing out to a steady drumbeat of anti-Obama rhetoric and threats of primary challenges to Republican lawmakers who considered going along. (AP Photo/Mark Humphrey)

By Associated Press March 17, 2015 1 min read

FILE – In this Feb. 4, 2015 file photo, Republican Gov. Bill Haslam speaks to reporters in an office suite at the state Capitol in Nashville, Tenn. Haslam is pivoting to another tough fight over what he describes as the ruined brand of Common Core education standards. (AP Photo/Erik Schelzig)

NASHVILLE, Tenn. – Tennessee Gov. Bill Haslam is scheduled to announce what is being dubbed as a “significant” economic development deal at the state Capitol this afternoon.

The Daily News Journal of Murfreesboro on Monday quoted Rutherford County Chamber of Commerce President Paul Latture as saying an unnamed company planned to invest $100 million and bring 1,000 new jobs to Smyrna.

Tennessee in recent months has celebrated several high profile development deals, including the expansion of the Volkswagen plant in Chattanooga, the construction of a Beretta firearms plant in Gallatin and a new Under Armour distribution facility in Mt. Juliet.

Haslam has said he wants to focus on economic development deals for rural areas in his second term.