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State Funding Board approves $6 million Fast Track grant for Create Energy to expand manufacturing hub in Orlinda
Summary
The Tennessee State Funding Board on April 20 approved a $6 million Fast Track economic development grant to Create Holdings LLC / Create Energy LLC to convert a 338,000 sq ft Orlinda facility into a manufacturing hub, a company commitment McWhorter said will create 1,003 net new jobs over five years.
The Tennessee State Funding Board on April 20 approved a $6,000,000 Fast Track grant to Create Holdings LLC / Create Energy LLC to support conversion of a 338,000-square-foot facility in Orlinda into a manufacturing hub, Commissioner Stuart McWhorter said.
McWhorter, commissioner of the Department of Economic and Community Development, said Create Energy, founded in 2023 and headquartered in Portland, has committed to create 1,003 net new jobs and make "just over a $78,000,000 capital investment within 5…
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