September 2024

Nashville, Tennessee’s booming market is seeing continued economic growth fueled by ongoing business expansion projects and an influx of new ventures.

 

Schneider Electric plans an $85M expansion to Middle Tennessee.

What This Means for You: The company plans to add 455 new jobs in Wilson and Rutherford counties.

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In-N-Out Burger has broken ground on its 100,000-square-foot office building in Franklin.

What This Means for You: The project is expected to be completed in 2026.

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Monogram Health, a local health care company, named third fastest growing company in U.S. by Inc. 5000.

What This Means for You: Monogram Health, specializing in value-based care for chronic kidney disease, has expanded its revenue from $4.9 million in 2020 to $2.2 billion in 2023, with projections of over $3 billion in 2024.

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Veterinary Innovative Partners (VIP), a network of nearly 70 veterinarian-owned-and-operated hospitals, announced the establishment of its new corporate headquarters in Nashville.

What This Means for You: The company plans to increase its local workforce in Nashville through expanding its community presence and creating new job opportunities, with future growth plans to grow regionally and nationally.

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Smithfield Foods is opening a new facility in Nashville.

What This Means for You: The Virginia-based company will offer jobs to 160 employees at the new location, maintaining their current position and base pay.

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TruGreen, the largest lawn services provider in the U.S, is opening a new, larger corporate office in Franklin.

What This Means for You: The company plans to move 150 employees from Memphis to its Franklin office.

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A California company, LazeStar Inc., is investing $5.5 million to relocate its manufacturing operations to Fairview.

What This Means for You: Its arrival will initially add 25 jobs to Williamson County with plans to add up to 35 jobs.

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A value-based oncology care company, Thyme Care, has raised over $95M in funding for growth.

What This Means for You: Value-based care is a hot-button topic that analysts say has attractive growth opportunities. The company plans to expand into new markets and deepen its partnerships within healthcare.

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One of the most well-known sandwich shops in the world, All’Antico Vinaio, plans to open in Nashville’s Gulch neighborhood.

What This Means for You: This world famous shop, known for its lines out the door in both New York and Florence, will serve as a major retail attraction for locals and tourists alike.

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Mel’s Drive-In selects Nashville for its first out-of-state expansion since 1947.

What This Means for You: The 10,000-square-foot space will have the vintage drive-in feel Mel’s is known for with some added Tennessee flair and a full bar program. They are aiming for a May or June opening in 2025.

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