Type One Energy Group to Create Jobs in Right to Work Tennessee

Type One Energy Group has chosen Right to Work Knoxville, Tennessee for its new headquarters. In order to accomplish this, the company is investing a total of $223.5 million toward the project. As a result, they will create 330 new jobs. So this is great news and serves as an example of how Right to Work states attract great businesses.

From Area Development Magazine:

“Type One Energy will build the world’s most advanced stellarator at TVA’s Bull Run Fossil Plant. This prototype, Infinity One, will not only confirm the design and operation of our subsequent Fusion Pilot Plant, but will also become an excellent platform for a potential long-term national fusion research facility. We are excited to expand our operations in Tennessee in partnership with TVA and ORNL. We are also grateful for the leadership of Gov. Lee and his vision, which led to the Nuclear Energy Fund’s valuable support for this project.” […]

“With assets like Oak Ridge National Lab, Tennessee is the quintessential location for companies like Type One Energy to grow and succeed. This project will not only strengthen Tennessee’s R&D footprint but also further develop our nuclear sector, which wouldn’t be possible without the forethought of Gov. Bill Lee and our Tennessee General Assembly to create the Nuclear Energy Fund.” […]

“Congratulations to Type One Energy and all the partnerships that helped this important project locate in East Tennessee. This is a great example of a next-generation, high-impact project that will benefit from the technology and workforce assets of our community. The Knoxville Chamber stands ready to champion Type One Energy’s headquarters operations as the project evolves.”

AREA DEVELOPMENT MAGAZINE

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