SEIDA Annual Report 2017

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Annual Report 2017

Annual Report 2017

The Southeast Industrial Development Association, comprised of eleven local power distributors and the Tennessee Valley Authority, works with strategic economic development partners across a three-state region to attract and retain jobs that generate capital investments to create vibrant economies. SEIDA provides a coordinated approach to the delivery of a range of economic development services to assist businesses with locations, expansions, and identification of financing opportunities, infrastructure development, and marketing and demographic reserach. The southeast region maintains its progress in obtaining significant capital investment into its communities and the creation of jobs for its citizens. Companies are locating within the SEIDA region because of opportunities available for training, access to a skilled workforce, great transportation networks and collaborative leadership with a vision.

Annual Report 2017 Wonder Cave, Grundy County, TN Photo Courtsey of Stephanie Watkins

Table of Contents Message from the Chairman and Board of Directors...................................................4 Business and Industry Locations and Expansions.........................................................5 Regional Focus..............................................................................................................7 Professional Development..........................................................................................10

Annual Report 2017

Message From the Chairman

Announcements of new company locations and existing industry expansions within the SEIDA region mark 2017 as another successful year for economic development growth in our twenty-two-county, three-state service area. With the creation of over 1,400 new jobs, the investments made by these companies will provide opportunities for our communities that will have a positive economic impact for years to come. The Southeast Industrial Development Association looks forward to continuing the facilitaion of the creation of jobs, capital investment and additional power load throughout Mike Partin, SVEC north Georgia, southwestern North Carolina and southeast Tennessee.

2017 Board of Directors

Athens Utilities Board Etowah Utilities Eric Newberry John Goins Blue Ridge Mountain EMC Jeremy Nelms Erik Brinke, Representative

Murphy Electric Power Board Larry Kernea John Carringer (passed Jan. 2017)

Chickamauga Electric Michael Haney

North Georgia EMC Kathryn West Harriette Stokes, Representative

Cleveland Utilities Tim Henderson, Secretary/Treasurer

Sequachee Valley Electric Cooperative Mike Partin, Chairman

Dayton Electric Utilities Steve Clift

Tri-State EMC Stacy Chastain, Vice Chairman

Electric Power Board David Wade

Tennessee Valley Authority Millie Callawy Parkes Scott Cooper, Regional Representative

The SEIDA region continues to experience economic growth as a result of existing industry expansions and new capital investments. We are exctited to report the following companies made announcements in 2017. La-Z-Boy plans expansion at Dayton/Rhea County Facility La-Z-Boy, Rhea County’s largest employer, held a groundbreaking to celebrate the expansion of its current facility as well as the addition of a new Innovation Center and logistics facilities. The company plans to invest approximately $26 million over the next three years and create 115 new jobs in Dayton. Nokian Tyres Selects Dayton, Tennessee as New Home Finnish company, Nokian Tyres, announced the largest foreign direct investment ever in Rhea County, unveiling plans to build a new $360 million manufacturing plant that will create at least 400 new jobs in Dayton. The new plant is expected to be operational in 2020 and produce 4 million passenger, SUV and light-truck tires at the facility annually. Textile Corporation of America, Inc. to Location in Pikeville, TN Textile Corporation of America, Inc. (TCA) announced plans to locate its headquarters and manufacturing facility in Bledsoe County, Tennessee. TCA will invest $27.1 million in the community and create 1,000 jobs. The company will be located in the former Dura Automotive Building in Pikeville. The company produces quality industrial and institutional textile products including apparel, bedding healthcare, hospitality and kitchen linens.

Business and Industry Locations & Expansions

Business and Industry Locations and Expansions

Annual Report 2017

Business and Industry Locations and Expansions Shaw Invests $42 Million at Meigs County, TN Carpet Plant In October 2017, Shaw Industries Group, Inc. (Shaw) announced plans to invest more than $42 million in its Meigs County, Tenn. carpet plant to modernize the facility allowing the company to use both nylon and polyester fiber at this facility. Shaw is the largest employer in Meigs employing approximately 370 associates. This investment will create 75 new jobs. The first equipment was scheduled to be operational in November with additional machinery coming online through June 2018. 75 Regional Commerce Park Designated as a Select Tennessee Certified Site The McMinn County Economic Development Agency secured certified site designation for the 75 Regional Commerce Park located at Pleasant Grove Road in Sweetwater, Tennessee. The 148.5 acre site offers approximately 144 developable acres with all utilities readily available. This site is now among the 52 certified sites in the Select Tennessee Certified Site Program.

Business & Industry Grants and Administration ED Staff packaged and is administering the following industrial projects: Industrial Recruitment and Expansions • Amazon EDA • Denzo ARC • Huber ED Fast Track New Locations 3 • Jasper Materials ID Fast Track • Lodge Manufacturing ED Fast Track Capital Investment $706.2MM • Nokian Tyres Capital Grant • North Dayton Industrial Park EDA Jobs Created/Retained 2597 • Shaw ED Fast Track • TAG Plastics ARC & ED Fast Track • Textile Corp Ed Fast Track Existing Industry Expansions/ 8 • USSC Ed Fast Track Retention

See more at: governor-haslam-commissioner-rolfe-announce-18-communities-to-receive-site-developmentgrants/#sthash.JDzn8rNR.dpuf

TNECD Property Evaluation Program (PEP) On June 9, 2017 the Tennessee Department of Community and Economic Development (TNECD) announced eight counties that were chosen to participate in the Spring Round of the Property Evaluation Program. Bledsoe County is among those eight counties. The PEP launched in 2015 and serves to improve the inventory of industrial sites and buildings in Tennessee by evaluating potential properties, advising counties on where investment may be most beneficial and addressing needs to help make sites more viable for industrial prospects. Bluegrass Underground Moves to Grundy County, Tennessee Nashville, TN August 18, 2017—Bluegrass Underground, the international concert destination and 13-time EMMY award-winning PBS music series, has found a new, permanent home in The Caverns, located in Grundy County near Pelham, TN, at the base of Monteagle Mountain. The new venue boasts singular natural acoustics and will accommodate many more subterranean music lovers in response to increasing demand for tickets to Bluegrass Underground and for other live music concerts across expanding genres. For more information visit

Regional Focus

TNECD Rural Development The Site Development Grant program, part of the larger Rural Economic Opportunity Act passed in 2016, helps communities prepare industrial sites for businesses. Rhea County received grants funds in the amount of $500,000 to assist with rough grading for an access road to their new Rail Hub South Industrial Development site.

Annual Report 2017

Three Corners Economic Development Initiative SEIDA staff met with our economic development partners in Cherokee, Clay, Fannin, Polk, Towns, and Union Counties to discuss the potential of the development of a regional marketing initiative for that corner of the region where Georgia, North Carolina and Tennessee come together. So far, SEIDA has been able to provide those communities with much needed workforce data for the Three Corners region utilizing EMSI data. On July 11, Blue Ridge Mountain EMC hosted the group for a training session of the Local InSite Tool and SEIDA scheduled a tour of available industrial properties throughout the region for TVA’s Dianne Nunez. Marion County Regional Institute for Higher Education On Friday, June 16, Marion County officials alongside state and regional partners, broke ground on Phase II of the Marion County Regional Institute for Higher Education. The new facility will offer Advance Manufacturing and Information Technology programs to provide a pipeline of talent for area business and industry. Appreciation and recognition was expressed for the following funding partners: Appalachian Regional Commission (ARC), Marion County, Tennessee Board of Regents— Chattanooga State Community & Technical College, TNECD—Fast Track Development Grant, Town of Kimball and US EDA—Public Works Grant.

NGEMC Annual Meeting On August 3, 2017, SEIDA staff attended North Georgia Electric Membership’s 81st Annual Meeting. Over 1,200 members and guests attended the meeting held at the Northwest Georgia Trade and Convention Center in Dalton. The theme of the meeting was Power with Purpose and highlighted the commitment of service from veterans, local law enforcement and first responders including line workers.

Making Tracks with Google Trekker in southeast Tennessee, north Georgia and southwest North Carolina The Southeast Industrial Development Association is excited to have partnered with the Southeast Tennessee Tourism Association to collect imagery of special places in our region in partnership with Google Maps. We borrowed the Trekker camera, hiked around these unique and amazing locations, and will be sharing these images for processing and future inclusion as panoramic images that everyone can see and enjoy on Street View in Google Maps. What this technology and opportunity provides is an enhanced way for visitors to connect with these special places in a way they may never have before. In fact, we expect many people may never get to explore these places in person, so we are so happy to open it up for the world to enjoy. We are excited to annouce Phase 1 of imagery went live in August 2017. Highlights can be found at Phase 2 imagery is set to launch in January 2018 and to include several locations in the SEIDA region. “Some of the unique locations to include are the Murphy Riverwalk, Bell Mountain Park, Toccoa River Swinging Bridge, and we even captured the highest point in Georgia… Brasstown Bald Observation Tower & Trail.” -Richie Johnson, Southeast TN Tourism Association. Google Trekker Quick Facts: • Google took the same camera that’s on the Google car and put it on a backpack. • 15 Camera lenses pointing in every direction that take a photo every 2.5 seconds. • Weighs close to 50 lbs, has GPS antennas, controlled by a smartphone, 8 hour battery life. • We send it back to Google and they create the Street View Pictured above: Stephanie Watkins on Google Maps (about 6 months). • We used it on Foot, Utility Vehicle, Motorboat, and Canoe. • We covered more than 300 miles of Parks, Trails, Blueways, Greenways. • We had 2 different 2-month loan periods.

Regional Focus

SEIDA Hosts Local Economic Development Partners On February 8, SEIDA invited local economic development partners throughout the region to join at the Chattanooga Airport to hear from President/CEO Terry Hart about the new non-stops flights available to 9 major cities: Atlanta, Chicago, Charlotte, Dallas, Detroit, Orlando, Tampa, New York City and Washington, DC.

Annual Report 2017

SR2 Community Assistance Grants The SEIDA Region Ready (SR2) Commmunity Assistance Program was created to provide matching funds for rural communities to enhance their economic development opportunities. Funding for projects included environmental reports, geotechincal surveys, and product development. The grant program has provided matching funds totaling $112,304 since its inception in 2015.

Regional Conferences and Sponsorships

McMinn County EDA

Greater Chattanooga Economic Partnership visits Chicago October 9-11, 2017, SEIDA participated in the Greater Chattanooga Economic Partnership visit to Chicago. Economic Developers from the Chattanooga Chamber, Cleveland-Bradley Chamber, Dalton-Whitfield Chamber/JDA, McMinn County EDA and Northwest Georgia JDA called on four consulting firms to showcase the Greater Chattanooga Region. The group shared information with site selectors about their individual communities as well as the region as a whole. As a result of our visit, three communities were asked to submit site information for a large project looking to locate in the Southeast. Those communities also received a site visit from the project. SEIDA is continuing to provide services and resources to assist these communities in anticipation of an official company location announcement. 64th Annual Governor’s Conference on Economic and Community Development October 26-27, 2017 SEIDA staff attended the Tennessee Governor’s Conference on Economic and Community Development held in Gatlinburg. The two-day conference offered sessions such as No-Cost Marketing, Advancing Apprenticeships As A Workforce Strategy; Expanding Broadband In Rural Tennessee; Accountability: Performance Requirements And Clawbacks and many Photo courtsey of TNECD more. Keynote speakers included Governor Bill Haslam, Senator Lamar Alexander, Senator Bob Corker, Commissioner Bob Rolfe and Inky Johnson.

SEIDA staff attended the TVA Economic Development Forum held in February, where economic developers learned about how to Prepare for Disruption as technology changes the way we work. Two of SEIDA’s regional partners, Carl Campbell, Dalton-Whitfield JDA, and Christie Arp, Fannin County Development Authority, were recognized at the Forum as graduates of TVA’s Rural Leadership Institute.

Staff also attended the Consultants Forum Automotive Workshop held March 5-6. Economic Development Professionals learned about the reshaping of the auto industry due to disruptive technology such as autonomy. The 22nd Annual Rural Development Conference was held March 22-23, 2017. SEIDA staff attended the conference learning about the Insider’s Perspective—Site Selection Process, A Blueprint for Addressing Talent Issues in Rural Economic Development, Site Selection and Competing for New Business Investment, and Secrets of Successful Communities. In partnership with the Greater Chattanooga Economic Partnership (GCEP), SEIDA staff attended the German American Chamber’s Southern SME Forum held April 2-4, 2017 in Chattanooga. April 19-20, 2017, SEIDA staff attended SEDC’s Meet the Consultants 10th Anniversary Event held in Atlanta, Georgia.

Professional Development

Professional Economic Development Training & Workshops

Southeast Industrial Development Association P.O. Box 4757 Chattanooga, Tennessee 37405

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