Lexington Receives $350K Site Development Grant
Director for Economic Development, Teresa Jones, shared the following news release from the Tennessee Department of Economic and Community Development. Lexington is one of eighteen recipients of a site development grant, to the amount of $350,100. The grant will be for the construction of a 100,000 square foot building pad, and extension of 850 linear feet of sewer line, at the Timberlake Industrial Site. NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bob Rolfe announced today that 18 communities and local organizations will receive $6.2 million in Site Development Grants. The Site Development Grant program, part of the larger Rural Economic Opportunity Act passed in 2016, helps communities prepare industrial sites for businesses. “Providing more opportunities for citizens in rural Tennessee is one of…
For the complete story, see the March 29th edition of The Lexington Progress.