EDC reports 4.5% unemployment, updates multiple prospect projects and site-development plans

May 18, 2026

EDC Director Philip Reese told Giles County commissioners the March 2026 unemployment rate was 4.5% and briefed the body on prospective projects (including a $25 million chemical-processing prospect), site-development grant engineering plans, and local business openings.

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Philip Reese, director of the Giles County Economic Development Commission, updated the legislative body May 18 on local labor-market figures and several business prospects.

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