TNECD Announces Industry Recovery Grantees Following Hurricane Helene

Aerial view of a small town with streets and buildings submerged in muddy floodwater. Cars and trees are partially underwater, and the flood affects the downtown area, including several businesses and a church.

Tennessee Gov. Bill Lee, Deputy Gov. and Department of Economic and Community Development Commissioner Stuart C. McWhorter announced today the two companies in Cocke County that will each receive a retainment and retraining grant following the devastation and destruction of Hurricane Helene in September 2024.

Korea Zinc Selects Tennessee for First U.S. Operations, Announces $6.6 Billion Investment

Stacks of metal ingots are arranged in rows inside a large, well-lit industrial warehouse, with machinery and workers visible in the background.

Tennessee Gov. Bill Lee, Deputy Gov. and Department of Economic and Community Development Commissioner Stuart C. McWhorter and Korea Zinc Chairman Yun B. Choi announced that the company will invest more than $6.6 billion in new production facilities in Clarksville and Gordonsville, Tennessee. The announcement, made by the world’s leading comprehensive nonferrous metal manufacturer, represents the company’s first U.S. locations and the largest single private corporate investment made in state history.