FastTrack Projects Pending Contract

Access Project Data for FastTrack Grants Announced But Pending Contract

The Tennessee Department of Economic and Community Development (TNECD) is committed to an open and transparent government. This searchable database is designed to better assist the public in accessing project data for FastTrack grants with pending contracts.

Projects listed below are subject to all required approvals including but not limited to: approval by the State Funding Board pursuant to T.C.A. § 4-3-717(e) for FastTrack projects that exceed $750,000 per eligible business within a three-year period; applicable approvals by local governments; and approval of grant contracts by the Central Procurement Office, Department of Finance and Administration, and Comptroller of the Treasury.

Beginning May 15, 2019, this resource includes located projects that have one or more pending FastTrack grants. Projects located with a pending FastTrack grant are posted to this database within 30 days of their announcement.

“Incentivized Jobs” are the jobs TNECD plans to incentivize with a FastTrack grant. “New Jobs” are the total new jobs the company plans to create in connection with the project.

Company	Landed Month / Year	Capital Investment	Incentivized Jobs	New Jobs	Project Type	County	County Tier	FJTAP	ED	Grants Total
Corky's Food Manufacturing, LLC	4/10/2024	$4,000,000	28	28	Expansion	Shelby	2	$42,000		$42,000
Protomet Corporation	4/10/2024	$25,000,000	250	250	Expansion New Location	Roane	2		$2,500,000	$2,500,000
UST, Inc.	3/22/2024	$71,900,000	78	78	Expansion	Maury	1	$390,000		$390,000
Bridgetown Natural Foods, LLC	3/20/2024	$78,267,009	219	219	Recruitment	Wilson	1	$1,314,000		$1,314,000
Vulcan Thermal, LLC	3/20/2024	$5,046,907	29	29	Recruitment	Hawkins	4	$102,950		$102,950
Schneider Electric USA, Inc.	3/14/2024	$2,950,000	100	100	Expansion	Rutherford	1	$400,000		$400,000
Schneider Electric USA, Inc.	3/14/2024	$82,000,000	355	355	Expansion New Location	Wilson	1		$3,000,000	$3,000,000
INTOCAST USA	3/5/2024	$15,025,001	103	103	Recruitment	Carroll	4		$580,000	$580,000
A.O. Smith Corporation	2/29/2024	$42,786,500	130	130	Expansion	Cheatham	1	$520,000		$520,000
Flexco Products of Tennessee, Inc	2/27/2024	$17,500,000	60	60	Recruitment	Lawrence	3	$240,000		$240,000
Rich Products Corporation	2/26/2024	$27,146,500	51	51	Expansion	Hamblen	3		$250,000	$250,000
Armada Nutrition LLC	2/13/2024	$5,000,000	50	50	Expansion	Maury	1	$75,000		$75,000
Adient US LLC	1/31/2024	$4,400,000	62	62	Expansion	Rutherford	1	$155,000		$155,000
AYM Inc.	1/31/2024	$53,533,000	96	96	Expansion New Location	Sullivan	2		$900,000	$900,000
Snap-on Logistics	1/30/2024	$44,000,000	50	50	Expansion	Carter	4		$300,000	$300,000
Unitech North America, LLC	1/12/2024	$30,009,000	75	75	Recruitment	Warren	4	$375,000		$375,000
Designed Conveyor Systems, LLC	12/31/2023	$4,569,637	45	45	Expansion	Williamson	1	$225,000		$225,000
Edgecroft LLC	12/31/2023	$1,075,000	28	28	Recruitment	Hickman	2	$56,000		$56,000
Frauenshuh Hospitality, LLC	12/31/2023	$8,972,000	55	55	Recruitment	Williamson	1	$330,000		$330,000
Mohawk Fabrics	12/31/2023	$11,455,000	19	19	Recruitment	Sumner	1	$76,000		$76,000
PMC Biogenix, Inc.	12/31/2023	$47,500,000	35	35	Expansion	Shelby	2	$140,000		$140,000
FreightWise, LLC	12/18/2023	$2,082,500	48	48	Expansion	Williamson	1	$144,000		$144,000
NewBasis, LLC	12/14/2023	$16,287,000	249	249	Recruitment	Wilson	1		$900,000	$900,000
Custom Foods of America Inc.	12/13/2023	$51,039,000	249	249	Expansion	Knox	1		$1,500,000	$1,500,000
XXENTRIA TECHNOLOGY MATERIALS CO., LTD.	12/12/2023	$45,000,000	85	85	Recruitment	Maury	1	$425,000		$425,000
Vonore Fiber Products LLC	12/6/2023	$346,000,000	231	231	Expansion	Monroe	3		$2,250,000	$2,250,000
Quality Logistics, LLC	11/30/2023	$1,211,539	50	50	Expansion New Location	Davidson	1	$150,000		$150,000
Unipres U.S.A., Inc.	11/30/2023	$38,827,000	77	77	Expansion	Sumner	1	$231,000		$231,000
Axle Logistics, LLC	11/28/2023	$37,869,055	651	651	Expansion	Knox	1		$5,000,000	$5,000,000
Summit Healthcare Management, LLC	11/16/2023	$4,505,000	125	125	Expansion New Location	Williamson	1	$750,000		$750,000
Stone Mountain Technologies, Inc.	11/15/2023	$13,875,000	111	111	Expansion New Location	Sullivan	2	$226,440		$226,440
McNeilus Steel, Inc.	10/31/2023	$20,375,000	55	55	Expansion New Location	Warren	4	$399,960		$399,960
Polyloom Corporation of America	10/31/2023	$10,000,000	50	50	Expansion	Rhea	4	$253,125		$253,125
US Pillars LLC	10/19/2023	$980,800	56	56	Recruitment	Putnam	2	$100,800		$100,800
Heraeus Incorporated	10/12/2023	$55,300,000	40	40	Expansion	Morgan	4	$266,200		$266,200
SGB Enterprises Inc.	10/4/2023	$1,700,819	41	41	Recruitment	Maury	1	$205,000		$205,000
August Bioservices, LLC	9/30/2023	$65,000,000	90	90	Expansion	Davidson	1		$1,000,000	$1,000,000
Sunrise Medical (US) LLC	9/30/2023	$9,645,520	113	113	Expansion	Wilson	1	$678,000		$678,000
Dutch Tech, Inc.	9/28/2023	$755,000	73	73	Expansion	Perry	4	$374,928		$374,928
American Residential Services, L.L.C.	8/14/2023	$2,750,000	125	125	Expansion	Shelby	2	$500,000		$500,000
Plus Mark	7/31/2023	$9,000,000	42	42	Expansion	Greene	3	$170,100		$170,100
Big Valley Air LLC	3/15/2023	$1,411,879	30	30	Expansion	Sequatchie	4	$30,000		$30,000
Heartland Water Technology, Inc.	2/28/2023	$2,968,000	31	31	Recruitment	Rutherford	1	$99,200		$99,200
Webstaurant Store, Inc.	2/28/2023	$103,922,757	225	225	Recruitment	Wilson	1	$291,825		$291,825
Nokian Tyres U.S. Operations LLC	1/11/2023	$174,142,680	175	75	Expansion	Rhea	4	$1,625,000		$1,625,000
Brazilian Professionals, LLC	12/22/2022	$6,105,000	110	110	Recruitment	Maury	1	$165,000		$165,000
LG Chem America Inc.	11/21/2022	$3,205,715,854	860	860	Recruitment	Montgomery	1		$40,000,000	$40,000,000
Landmark Recovery Management Company LLC	10/31/2022	$7,500,000	1,300	1,300	Expansion	Williamson	1	$4,000,000		$4,000,000
HBF Development, LLC	10/7/2022	$30,850,000	140	140	Recruitment	Hamblen	3	$700,000		$700,000
Piedmont Lithium Inc.	9/1/2022	$582,053,534	117	117	Recruitment	McMinn	3		$1,525,000	$1,525,000
Iron Galaxy Studios, LLC.	2/23/2022	$950,000	108	108	Recruitment	Davidson	1	$540,000		$540,000
Private National Mortgage Acceptance Company, LLC	1/27/2022	$3,933,310	325	325	Recruitment	Williamson	1	$650,000		$650,000