Genera Plans Expansion in Right to Work Tennessee

Genera is expanding soon in Right to Work Vonore, Tennessee. In order to do this, they are investing a total of $350 million toward the project. As a result, they will also create 230 new jobs. So this is exciting news for Monroe County!

From Area Development Magazine:

“Tennessee continues to be an ideal location for Genera to lead the transition to a biobased economy. We’ve developed great long-term partnerships with local landowners, and we’ve built an extremely talented team. Robust financial commitments from our ownership group are enabling us to rapidly scale our manufacturing to meet the needs of our growing customer base.” […]

“Agriculture is a key driver of our state’s economy and will be further strengthened thanks to Genera’s significant investment. This expansion would not be possible without dedicated community leaders that have taken the necessary steps to attract new business to Vonore and Monroe County, and we are proud to take part in helping bring this project to fruition.” […]

“TVA and Fort Loudoun Electric Cooperative congratulate Genera on its decision to establish operations in Monroe County. Working to attract new job opportunities and investment in the region is fundamental to TVA’s mission of service.”

AREA DEVELOPMENT MAGAZINE

To read the previous economic update on Right to Work states, click here.