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Royal Building Products, a leading manufacturer and distributor of construction materials, will invest $24 million in new equipment to support PVC pipe production at its Newbern facility.
This, in turn, will produce 85 new jobs in Dyer County. The investment will provide Newbern an opportunity to install a manufacturing presence near key markets in the southern United States and take advantage of western Tennessee's strength as a transportation and distribution center.
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Federal Programs Related to - Business Recruitment & Attraction
Programs provide any of a wide variety of incentives to encourage new businesses and industries to locate in a particular community, to provide development and expansion opportunities for existing businesses, and to discourage existing businesses from leaving the area and relocating elsewhere.Attraction of Business; Business Recruitment; Empowerment Zones; Enterprise Zones; Industrial Park Development; Media Production Liaison Services
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Social Entrepreneurship
Spotlight
Impact Investing Efforts Unite USAID, Pope Francis
Dr. Rajiv Shah, the Administrator of the U.S. Agency for International Development (USAID) leads the U.S. government’s efforts to end extreme poverty. He chose to participate in the impact investing conference at the Vatican and met with Pope Francis directly to address world poverty, the future of impact investing, and promotion of resilient, vibrant democratic societies worldwide.
