NASHVILLE, Tenn. (AP) - A Tennessee panel has approved economic incentives of $975,000 for an aluminum rolling company and $772,000 for a trucking technology firm.
The State Funding Board approved an economic development grant Monday for GrÃ¤nges Americas Inc. in Huntingdon and job training assistance for Keep Truckin, Inc. in Nashville.
State economic development official Paul VanderMeer says GrÃ¤nges, a Swedish aluminum engineering and manufacturing company, plans to add 65 jobs over two years, on average paying about $26 hourly.
That's on top of the $110 million, 100-job expansion GrÃ¤nges announced last November. GrÃ¤nges has been approved for $2.9 million total in state incentives.
San Francisco-based KeepTruckin has developed a fleet management network and expects a $3.6 million investment in Nashville with about 385 jobs over three years, paying about $59 hourly on average.