Asurion Corp. Expands in Nashville, Tennessee, with Cash Grant Aid
02/08/2011
"If you're serious about economic development, participating in some sort of local incentive is important," Alexia Poe, the mayor's director of economic and community development, told the Tennesseean. "When the state is willing to be committed to bringing and keeping companies here, we have to do our part because there are 94 other counties they can be working with."
Asurion considered other locations both in- and out-of-state for its expansion, including Williamson County, south of Nashville.
Called the Metro grant, Asurion will receive $500 for each job created. It will receive an additional $2.1 million over three years for employee training, relocation, and real estate expenses.
"We're very excited the city stepped up to help offset some of our challenges," said Bettie Colombo, a company spokesperson.
Asurion currently employs 1,200 people in Nashville. It is considering locating in the city's Grassmere Business Park or another location.
Project Announcements
AMI Metals Expands Spokane, Washington, Production Operations
06/20/2025
Newly Weds Foods Plans Dyersburg, Tennessee, Production Operations
06/20/2025
Yaskawa American Expands Franklin, Wisconsin, Headquarters Operations
06/19/2025
Cayuga Milk Ingredients Expands Cayuga County, New York, Production Operations
06/19/2025
Gap Upgrades Gallatin, Tennessee, Logistics Operations
06/19/2025
Swiss-Based Galderma Plans Miami, Florida, Headquarters Operations
06/19/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
The New Math Behind Mexico and U.S. Manufacturing Decisions
Q2 2025