Tag Archives: Investment

A steel manufacturing company will expand its operations into Warren County creating some 50 new jobs. The state announced Tuesday that McNeilus Steel will spend some $23 million to expand to Morrison. The new facility will open on East Maple Street. McNeilus Steel General Manager Zachary Ernst said that the company has been providing steel products around the country for ... Read More »

One Cookeville investment advisor says the volatility of the stock market due to the new COVID strain should not worry long-term investors. Jason Murphy of Diamond Financial Investment Group said while the market experienced the greatest deep ever due to the pandemic, it also saw the greatest rally history later that year. “People are going to make some snap judgement ... Read More »

Tennessee Tech has received a $2.3 million investment for one of its engineering programs. The United States Department of Energy provided the funding for the Industrial Assessment Centers program. Tech is one of 32 universities selected. It offers no-cost energy efficiency recommendations to manufactures and water treatment plants. Twenty students will take part in the program this year; two doctoral ... Read More »

The UCDD Micro-Loan program has doubled it’s original pool of money to roughly $500,000 since starting. During 2021, the program has even found a partner outside the region to offer more options to small business startups. UCDD Executive Director Mark Farley said loans up to $50,000 are now available. “We are marketing their loan programs as well, it might be ... Read More »

An outside investment group interested in putting $1 million into UCDD’s Micro-Lending Program. UCDD Executive Director Mark Farley said the investment group had been working with Upper Cumberland banks through a federal program. Farley said that now the group is interested in helping UCDD spur business growth. “One of the reasons why they approached us is to be able to ... Read More »

The Jackson County School System will take a new approach to teaching English and language arts. The new curriculum will focus on a sound first approach to reading. Director of Schools Kristy Brown said the investment in the new material is the largest in the school system’s history. “We have spent over $400,000 in the initial adoption,” Brown said. “I ... Read More »