A national radio talk show host famous for encouraging Americans to spend less and save more money is spending another $52 million and adding another 600 jobs in Tennessee to expand the corporate headquarters of his growing business.
Dave Ramsey, the CEO of Ramsey Solutions, announced Monday he will build a second 6-story office building, totaling 192,000 square feet, on the corporate campus of his company's headquarters in Franklin, Tennessee. The addition is part of Ramsey Solutions' continued expansion, which started in 2015 when the company closed on 47 acres of land in the Berry Farms development.
In 2019, the Ramsey team moved into the first six-story office building with more than 200,000 square feet. That facility includes podcast and radio studios, a team member cafeteria, a bookstore and coffee shop for guests watching "The Dave Ramsey Show" live in the studio.
Construction on the second office building began in August 2019 and is expected to be completed in May 2021.
"Tennessee's low tax environment is causing healthy business growth and migration," Ramsey said in an announcement of the latest expansion. "It's helping boost our economy, and we're honored to be a part of that."
Ramsey's project is third large-scale jobs announcement this year in Williamson County. Previously, Spirit Airlines announced it would relocate more than 240 positions to Tennessee and create 100 additional jobs in Williamson County. Digital platform Thnks, currently headquartered in New York City, will also make the move and create 50 jobs in three years.
"As we work to get Tennessee's economy back on track, significant expansions like this from Ramsey Solutions will help our economy recover by offering our residents quality job opportunities," Gov. Bill Lee said in a statement Monday.
Ramsey's syndicated radio program, The Dave Ramsey Show, is heard on more than 500 radio stations throughout the United States and Canada, including WGOW-FM in Chattanooga.
Ramsey has also written numerous books including five The New York Times bestsellers. His books and broadcasts advocate a fiscally disciplined approach to personal and household finances, including the strict management of debt, and often feature a Christian perspective. Ramsey was named the 2009 Marconi Award winner for Network/Syndicated Personality of the Year, and was inducted into the National Radio Hall of Fame in 2015.
In 2014, he rebranded his company and changed its name from The Lampo Group, Inc. to Ramsey Solutions.