A commercial park in Spring City is among nine potential production sites in rural Tennessee counties that get state grants to prepare housing for a new industry.
The Rhea County Industrial Development Board won $950,000 for asset leveling to help prepare a site near the general shale plant in the Rhea County/Spring City Industrial Park. factory he built on 47 acres in 2009.
“When the assets are done operating, General Shale is helping to locate the site, but it is not suitable to build on,” Spring City Mayor Woody Evans said in a telephone interview on Tuesday. “This grant will help us make these assets suitable. ” so that it can be built to be in a position for use. “
The Spring City allocation is one of nine commercial site progressions in Tennessee that will jointly share $7. 6 million this spring to prepare sites for certification of select Tennessee sites and prepare commercial sites for economic progression assignments. Funding for the grant comes from the Rural Economic Opportunities Act, which since 2015 has awarded 136 grants totaling $54 million to local communities.
“When we provide rural communities with the equipment to attract new jobs and economic growth, more Tennessee citizens have opportunities to thrive,” Gov. Bill Lee said Tuesday in an announcement of the latest grant circular.
As businesses adapt to faster converting market conditions, brands look for places where they can start building immediately once the company makes the decision to expand, according to Bob Rolfe, commissioner of the Tennessee Department of Economic and Community Development.
“The Tennessee Community Site Development Grant Program across the state to invest in the infrastructure needed to expand out-of-the-box sites,” Rolfe said in a statement.
Evans said Rhea County had in the past obtained a state site progression grant to expand sewer service to the commercial park. General Shale is the sole manufacturer of the commercial park, however, Evans said Rhea County’s economic and network progression continues in the Spring City market. Park for new businesses.
Contact Dave Flessner at dflessner@timesfreepress. com or 423-757-6340. Follow him on Twitter @dflessner1.