$2.5M Grant to Prepare Northeast Tennessee Business Parks for New Employers
A $2.5 million grant aims to make the Northeast Tennessee Business Park and Bristol South Industrial Park ready for new employers, targeting job creation over the next 18 months. The initiative is led by NETWORKS Sullivan County Partnership, focusing on attracting companies by enhancing site readiness and workforce access.
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A $2.5 million grant will prepare the Northeast Tennessee Business Park and Bristol South Industrial Park to attract new employers. The funding aims to make the sites 'build-ready' to facilitate quick setup for companies considering expansion or relocation.
Key advantages of the sites include proximity to the airport and Northeast State Community College, as well as interstate access. The initiative is expected to generate significant job opportunities, particularly in industries such as automotive, defense, and pharmaceuticals, potentially adding 600 to 700 jobs per project based on past developments.
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