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IDB approves first payment to AIS Enclosure Systems under high-growth, high-jobs program
Summary
The Industrial Development Board approved a $9,375 payment to AIS Enclosure Systems, Chattanooga LLC, representing the first installment under a multi-year incentive tied to verified job creation and retention.
The Industrial Development Board on June 2 approved a $9,375 grant payment to AIS Enclosure Systems, Chattanooga LLC, as the first of five scheduled payments under the board’s new high-growth, high-jobs investment program. The payment corresponds to job verification by the Tennessee Department of Labor and Workforce Development dated Dec. 31, 2024.
Agenda materials state the authorized payment reflects…
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