Industrial Board of Coffee County approves InvestPrep due diligence on 150-acre parcel, accepts financials

Manchester — The Industrial Board of Coffee County, Tennessee, unanimously approved routine business items and advanced due diligence for a potential industrial expansion at its Wednesday meeting.

Chairman David Young called the meeting to order at 4:00 p.m. and confirmed a quorum. The board unanimously approved the meeting agenda after a motion by Greta Dajani and a second from Sherry Douglas. The board then approved the January 2026 minutes (mover: Scott Hansert; seconder: Huel Goldston) and the January financial summary (mover: Brent Parsley; seconder: Sherry Douglas), each by unanimous vote.

In committee reports, the Park Development Committee discussed signage parameters at the Interstate Industrial Park and approved the scope of an InvestPrep application to perform updated due diligence on 150 acres within the Joint Industrial Park. The Budget and Finance Committee reviewed the budget, forwarded it to the Executive Committee for salary input, and approved the InvestPrep grant's proposed match funding.

The board referenced the Executive Director's February 2026 report (Attachment 1) and heard a report from the Tullahoma Area Economic Development Corp. (Attachment 2). Katy Riddle, representing the Manchester Chamber of Commerce, thanked the Industrial Board for participating in the Chamber Gala and summarized upcoming Chamber events including an April career expo for high school juniors and seniors, a late-April golf tournament, and Lemonade Day on May 14.

No public comments were offered during the meeting. Chairman Young called for a motion to adjourn; Scott Hansert moved, Greta Dajani seconded, and the meeting adjourned at 4:19 p.m.

Minutes and referenced attachments were filed with the board.