Menu

Tennessee wants to welcome Starbucks with millions of dollars
📰
0

Tennessee wants to welcome Starbucks with millions of dollars

The Seattle Times·The Seattle Times·19 days ago
#vX3McyF7
Reading 0:00
15s threshold

Starbucks stands to benefit from a $30 million grant that might be awarded by Tennessee for the coffee giant’s operational expansion into Nashville. The Tennessee State Funding Board’s agenda for a meeting on May 20 includes an item tied to the Seattle-based coffee giant: the consideration and approval of a $30 million economic development grant. The money is tied to the company’s decision to name Tennessee as the  home of a new corporate operations office , which was announced in March. Over the next five years, it will host up to 2,000 employees, with an average salary of $125,000. Starbucks has pledged $100 million in investments toward the Southern state. Its new office will sit in Davidson County. Tennessee already hosts major employers like Seattle-based Amazon, HCA Healthcare and Nissan North America. Starbucks declined to comment Wednesday. The Tennessee Comptroller’s Office didn’t immediately respond to a request for comment.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More