Hamilton County reviews Novonix plan to buy Enterprise South land, create 500 jobs under 15-year pilot

Hamilton County commissioners on the dais heard detailed terms of a proposed sale and pilot tax agreement that would allow battery‑materials company Novonix to acquire land at Enterprise South Industrial Park, create up to 500 jobs by March 31, 2030, and make a package of economic commitments including $5 million for career and technical education.

The presentation, led by Adam Myers of the Chattanooga Area Chamber of Commerce and Daniel Buehling of the county’s Office of Economic and Community Development, said Novonix would acquire about 122 acres at Enterprise South and invest about $450 million in real property improvements and $550 million in personal property for a combined $1 billion capital investment. Myers said the company currently operates two Chattanooga facilities and has been in local discussions since 2022.

The county mayor and county staff described the deal as a continuation of longrunning recruitment and said the state helped expand available grant funds from $10 million to $12 million to support related infrastructure and site work. Under the proposal, the site acquisition…