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Tennessee

Automotive Industrial Park Expansion

The Economic Development Administration (EDA) is expanding an automotive industrial park expansion in Hamilton County, Tennessee. This $3,000,000 grant through the Department of Commerce will upgrade and expand the capacity of the rail system at the Enterprise South Industrial Park in Chattanooga, Tennessee, to serve the new North American production facility for a major automotive group. Grantees estimate that the initial automotive production facility will eventually generate private investment of $1 billion. This project has already created 7 jobs and is expected to be completed in the 3rd quarter of FY 2012.

Tennessee's Numbers

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Number of jobs created or saved by the Recovery Act:

60,000

Recover Act funds made available to support jobs:

$6.7 billion

Recovery Act funds that have already been spent:

$4.3 billion

Number of working families receiving tax relief that can be put to use immediately:

2.3 million

Number of Recovery Act-backed small business loans :

787

Miles of highway improved across the state:

876

Number of clean energy projects :

126

Number of homes that will be weatherized :

10,524

Number of students getting Pell Grants to help pay college tuition:

31,780

Number of education jobs funded by the Recovery Act:

7,291