January 23, 2008 |
|||
Retire TN, BERO Join to Exhibit at Agritourism Conference
ECD's Retire Tennessee program and the Business Enterprise Resource Office linked arms last week to man a booth at the 2008 "Agritourism: Cultivating Farm Revenue" conference.
VIFAN Breaks Ground on Major Expansion of Morristown FacilityVIFAN USA Inc. broke ground this week on an addition to its current manufacturing facility in Morristown, Tenn. The total investment for the project will reach $72 million in new building space and new production line equipment, resulting in the creation of 55 additional jobs. "We have done a great job improving the business climate in Tennessee to be more business-friendly and competitive," said Governor Phil Bredesen. "Announcements like this one show that our efforts are paying off and that our economic development efforts are on the right track. I'm grateful to VIFAN for their continued investment in Tennessee." VIFAN, a producer of biaxially oriented polypropylene sheet film, began operations in Morristown in 1998, and currently operates a 350,000 square foot manufacturing plant. The expansion will create an additional 120,000 square feet of space and add a second line of production. The existing site can produce as much as 75 million pounds of product per year. "VIFAN's expansion is a great example of successful collaboration between the state and local communities," said Matt Kisber, commissioner of the Tennessee Department of Economic and Community Development. "The jobs created by this announcement represent the type of highly skilled, well-paying positions Governor Bredesen and I believe are essential to Tennessee's continued economic progress. We're grateful to VIFAN for the company's investment in the people of Tennessee." The privately-held, Italian-owned company employs 124 people at its facility in the Morristown Airport Industrial District. The expansion will add another 55 jobs to the Hamblen County site. "We have been considering plans to expand our Morristown facility and feel the time is now right. It is our most efficient plant, and we look forward to drawing from the local work force to add jobs and increase our output," commented Vittoriano DiLuzio, North America Executive Vice President and General Manager of VIFAN USA. The Tennessee Department of Economic and Community Development works routinely with existing businesses to improve and expand their presence in the state. For more information, visit www.tnecd.gov. |
|||
Tennessee Quick Facts
Schedule AlertJan. 28 To request ECD Commissioner Matt Kisber to speak or attend an event, please contact Jennifer Alward at (615) 253-1852 or jennifer.alward@state.tn.us FeedbackWe invite your thoughts on the ECD Hot Sheet. Please click here to contact ECD Communications with any questions, concerns or suggestions you may have. |
News BriefsBusiness Development
|
||
Recent News
|
|||
To view last week's ECD Hot Sheet, click
here. // Tomorrow Starts
Today |
|||