Bolivar to Receive Site Development Grant
Tennessee Department of Economic and Community Development (TNEDC) has announced that the City of Bolivar will receive a Site Development Grant totaling $92,872 to be used for “due diligence studies” at the Bolivar-Hardeman County Industrial Park. TNEDC awarded 10 grants totaling approximately $3.1 million.
The grants are designed to help communities invest in infrastructure and engineering improvements to land economic development projects and achieve Select Tennessee site certification.
“When we provide rural communities with the tools needed to attract new jobs and investment to our state, more Tennesseans have opportunities to thrive,” said Lee. “I thank our General Assembly members for their partnership in funding 10 additional site development grants and look forward to seeing the economic growth and prosperity that will result from these projects.”
It was announced in February 2022 that Wall Innovations would construct a 18,500-square-foot facility in the Bolivar Industrial Park, which would house Wall Innovations’ manufacturing and distribution operations. Wall Innovations is expected to invest $6.4 million and create 72 new jobs over the next several years.
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