FastTrack Projects Pending Contract

Access Project Data for FastTrack Grants Announced But Pending Contract

The Tennessee Department of Economic and Community Development (TNECD) is committed to an open and transparent government. This searchable database is designed to better assist the public in accessing project data for FastTrack grants with pending contracts.

Projects listed below are subject to all required approvals including but not limited to: approval by the State Funding Board pursuant to T.C.A. § 4-3-717(e) for FastTrack projects that exceed $750,000 per eligible business within a three-year period; applicable approvals by local governments; and approval of grant contracts by the Central Procurement Office, Department of Finance and Administration, and Comptroller of the Treasury.

Beginning May 15, 2019, this resource includes located projects that have one or more pending FastTrack grants. Projects located with a pending FastTrack grant are posted to this database within 30 days of their announcement.

“Incentivized Jobs” are the jobs TNECD plans to incentivize with a FastTrack grant. “New Jobs” are the total new jobs the company plans to create in connection with the project.

Company	Landed Month / Year	Capital Investment	Incentivized Jobs	New Jobs	Project Type	County	County Tier	FJTAP	FIDP	ED	Grants Total
Hyosung HICO, Ltd. Company	11/12/25	$156,610,865	240	240	Expansion	Shelby	3			$3,000,000	$3,000,000
Aqua Membranes, Inc.	11/6/25	$6,570,000	94	94	Recruitment	Knox	1	$282,000			$282,000
Sirius Cabinets and Millwork LLC	11/6/25	$9,589,833	56	56	New Startup	Putnam	2	$280,000			$280,000
Havco Wood Products LLC	10/31/25	$48,850,000	100	100	Expansion	Monroe	3			$650,000	$650,000
Gestamp Chattanooga, LLC	10/31/25	$104,193,445	0	0	Expansion	Hamilton	1			$9,000,000	$9,000,000
Impact Plastics, Incorporated	10/31/25	$11,820,008	123	0	Expansion	Unicoi	4	$3,075,000			$3,075,000
RICHARDS & SOUTHERN, INC.	10/31/25	$6,500,000	26	26	Expansion	Davidson	1	$78,000			$78,000
Pittsburgh Logistics Systems, Inc.	10/31/25	$430,000	52	52	Recruitment	Davidson	1	$78,000			$78,000
Permobil, Inc.	10/31/25	$1,186,116	94	94	Expansion	Wilson	1	$564,000			$564,000
Best Bath Systems, Inc.	10/31/25	$6,037,086	40	40	Expansion	White	3	$120,000			$120,000
Biederman USA Co.	10/30/25	$4,415,000	48	48	Recruitment	Hawkins	4	$225,600			$225,600
Radiant Industries Inc.	10/13/25	$279,736,500	175	175	Recruitment	Roane	1			$2,000,000	$2,000,000
Nidec Motor Corporation	10/9/25	$52,435,000	200	200	Expansion	Henderson	3			$1,000,000	$1,000,000
Lochinvar, LLC	9/30/25	$28,588,500	52	23	Expansion	Wilson	1	$208,000			$208,000
Dynamic Concept USA Corp.	9/30/25	$710,000	22	22	Recruitment	Davidson	1	$66,000			$66,000
Nuclear Fuel Services, Inc.	9/26/25	$121,972,000	198	198	Expansion	Unicoi	4	$2,370,000			$2,370,000
Graphic Controls Acquisition Corp	9/24/25	$4,519,200	38	38	Recruitment	Davidson	1			$600,000	$600,000
PolyFlex Products, LLC	9/22/25	$8,330,000	58	58	Expansion New Location	Warren	4	$220,400			$220,400
IWI US, Inc.	9/22/25	$15,650,000	72	72	Recruitment	Anderson	2			$500,000	$500,000
Oklo Inc.	9/4/25	$1,680,000,000	812	812	Recruitment	Roane	1			$13,000,000	$13,000,000
Blickman Industries, LLC	8/31/25	$0	64	64	Expansion	Lawrence	3	$128,000			$128,000
MAHLE Industries, Incorporated	8/27/25	$11,874,591	48	48	Expansion	Hamblen	3			$910,000	$910,000
Dura-Line Intermediate Corporation	8/22/25	$27,100,000	66	0	Expansion	Unicoi	4	$1,650,000			$1,650,000
Foam Products Corporation	8/22/25	$4,379,839	47	0	Expansion	Unicoi	4	$1,175,000			$1,175,000
PlastiExports TN LLC	8/22/25	$7,350,623	0	0	Expansion	Unicoi	4	$1,325,000			$1,325,000
BuildEx Modular - Tennessee, LLC	8/6/25	$14,700,000	110	110	New Startup	Lincoln	2	$275,000			$275,000
Commercial Insulating Glass Company	7/31/25	$31,360,000	107	107	Expansion	Houston	4			$575,000	$575,000
Rahn Industries Incorporated	7/31/25	$2,445,000	45	45	Expansion	Sumner	1	$103,500			$103,500
Vibrant Health Products Inc. U.S.A.	7/25/25	$48,525,000	394	394	Recruitment	Fayette	1			$3,750,000	$3,750,000
Master Machine, LLC	7/25/25	$11,700,000	44	44	Expansion New Location	Hamilton	1	$264,000			$264,000
Clayton Supply, Inc.	7/10/25	$6,802,129	90	90	Expansion	Hamblen	3	$270,000			$270,000
Tier-Rack LLC	6/30/25	$7,140,000	99	99	Expansion New Location	Gibson	2			$1,000,000	$1,000,000
Little Leaf NC, LLC	6/30/25	$74,880,000	318	318	Recruitment	Coffee	3	$1,500,000	$1,300,000		$2,800,000
Life Science Logistics, LLC	6/30/25	$23,225,000	106	106	Recruitment	Shelby	3	$424,000			$424,000
Tate Ornamental, Inc.	6/25/25	$12,000,000	50	50	Expansion	Robertson	1	$170,000			$170,000
Advanex Americas, Inc.	6/24/25	$11,400,000	56	56	Expansion	Robertson	1	$504,000			$504,000
Newly Wed Foods	6/17/25	$30,000,000	50	50	Expansion	Dyer	2	$130,000			$130,000
MAT Industries, LLC	6/3/25	$9,000,000	30	30	Expansion	Madison	2	$75,000			$75,000
Craig Manufacturing USA, Inc.	5/16/25	$4,350,000	30	30	Expansion	Lawrence	3	$120,000			$120,000
Hyosung HICO, Ltd. Company	5/14/25	$50,808,446	123	123	Expansion	Shelby	3			$1,500,000	$1,500,000
The Carlstar Group LLC	4/30/25	$14,045,731	24	24	Expansion	Madison	2	$48,000			$48,000
BWXT Enrichment Operations, LLC	4/15/25	$45,000,000	100	60	Expansion New Location	Roane	1			$1,200,000	$1,200,000
Color Craft Label & Flexible Packaging LLC	3/31/25	$4,832,000	19	19	Expansion New Location	Shelby	3	$33,250			$33,250
Nextracker LLC	3/31/25	$14,485,000	60	60	Expansion New Location	Davidson	1	$480,000			$480,000
Industrial Connections & Solutions LLC	3/3/25	$76,000,000	50	50	Expansion New Location	McNairy	4			$500,000	$500,000
Charms LLC	2/12/25	$97,736,123	62	62	Expansion	Tipton	1			$500,000	$500,000
Linde Inc.	2/4/25	$70,088,000	18	18	Expansion New Location	Bradley	2	$180,000			$180,000
JLG Industries, Inc	1/31/25	$1,951,000	26	26	Expansion New Location	Knox	1	$52,000			$52,000
State Industries, LLC	1/31/25	$6,716,800	35	35	Expansion	Williamson	1	$140,000			$140,000
Wedlake Industries, LLC	1/28/25	$10,000,000	46	46	Expansion	Lewis	4	$155,250			$155,250
MICROTEX COMPOSITES, INC.	1/7/25	$3,879,300	26	26	Recruitment	Hamilton	1	$52,000			$52,000
Petainer Manufacturing USA Inc.	12/4/24	$10,000,000	35	35	Expansion New Location	Maury	1	$70,000			$70,000
TruGreen Limited Partnership	11/30/24	$5,673,722	135	135	Expansion New Location	Williamson	1			$1,000,000	$1,000,000
AIS Enclosure Systems-Chattanooga LLC	11/12/24	$10,436,077	82	82	Expansion	Hamilton	1	$410,000			$410,000
Reconext Tennessee, LLC	10/16/24	$9,186,351	205	205	Recruitment	Shelby	3	$205,000			$205,000
ADK TN Dist., LLC	10/11/24	$39,400,000	80	80	Recruitment	Jefferson	2	$320,000			$320,000
O'Neal Industries, Inc.	10/1/24	$8,540,000	29	29	Expansion New Location	Sullivan	2	$72,500			$72,500
Gateway Packaging Company, LLC	9/30/24	$18,772,932	186	186	Expansion	Robertson	1	$930,000			$930,000
Orano USA LLC	9/4/24	$4,500,000,000	305	305	Recruitment	Roane	1			$6,000,000	$6,000,000
Whisper Carts, LLC	8/13/24	$10,075,000	200	200	Expansion New Location	Washington	2	$750,000			$750,000
American Water Heater Company	7/31/24	$27,061,000	130	130	Expansion	Washington	2	$520,000			$520,000
Hyla Mobile, Inc.	7/31/24	$12,500,000	195	650	Expansion New Location	Wilson	1	$292,500			$292,500
PantheRx Specialty, LLC	7/31/24	$4,040,977	83	120	Recruitment	Shelby	3	$600,000			$600,000
Lazestar, Inc.	6/11/24	$5,510,000	25	25	Recruitment	Williamson	1	$62,500			$62,500
Armada Nutrition LLC	2/13/24	$5,000,000	50	50	Expansion	Maury	1	$75,000			$75,000
AYM Inc.	1/31/24	$53,533,000	96	96	Expansion New Location	Sullivan	2			$900,000	$900,000
XXENTRIA TECHNOLOGY MATERIALS CO., LTD.	12/12/23	$45,000,000	85	85	Recruitment	Maury	1	$425,000			$425,000
Plus Mark	8/1/23	$9,000,000	42	42	Expansion	Greene	3	$170,100			$170,100