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Old 05-28-2015, 07:04 AM
 
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But as JMT stated....at least the jobs are remaining in the Upper Cumberland.
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Old 05-28-2015, 12:14 PM
 
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Quote:
Originally Posted by tragenvol View Post
I said early on that this was most likely Ficosa moving from Crossville when it was still just known as Project Uno. I was told that Ficosa wanted to consolidate all operations under one roof.

When an article states 550 new jobs, and only 350 moving from Crossville..then my assumption was a remaining prescence in Cumberland County. So...if there are at least 900 employees in Crossville with 350 employees moving to Cookeville...how is that 550 new jobs? Don't answer....rhetorical question. It is 550 new jobs for Cookeville.. ..a total of zero new jobs for the Upper Cumberland.

So anyway...I understand that Ficosa will no longer be present in Crossville beyond 2017...the articles written about the relocation prior to the Tennessean's article weren't exactly clear on that....but that is about par for the course these days
The Crossville Chronicle says that of the 500 workers at Ficosa's Crossville plant, 320 lived in Cumberland County and the rest commuted from Morgan, Bledsoe, and Fentress counties. It also mentioned that since the new plant in Cookeville is less than 50 miles from the current plant in Crossville, workers who choose not to relocate to the new plant will not be eligible for unemployment benefits. That's got to be a tough pill to swallow.

Anyway, media consensus is that there are 500 jobs relocating from Crossville and 400 new jobs created for a total of 900 jobs when the plant is fully operational in Cookeville.

The article also said that Crossville offered Ficosa a deal worth about $7 million to stay in Crossville. I'll be curious to see the grand total of incentives Cookeville and Putnam County offered.

City, county bid to keep Ficosa unsuccessful - Crossville Chronicle: Local News
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Old 05-31-2015, 04:39 AM
 
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The CEO of Ficosa North America listed some reasons why Ficosa chose to move from Crossville to Cookeville: Tennessee Tech University and proximity to the Nashville airport. Ficosa already has an intern program with Tech and will expand it now that it's just a few miles away, and it also hopes to work with Tech to add specialized classes that can help employees and students develop the technologies needed for the high-tech plant.

At any rate, it's going to be fun to see this plant go up. It's also going to be interesting to see what other businesses are going to locate in the Highlands Business Park now that Ficosa has made its big announcement. Isn't Tech going to build some sort of business incubator there?
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Old 06-04-2015, 08:35 PM
 
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Groundbreaking for the new Ficosa plant will be Tuesday June 9. I don't know how long this link will work before it goes behind the pay wall, but there's also a plan at the link of the Highlands Business Park which shows where Ficosa is going. Not only are they taking the largest lot, it will also have direct exposure to I-40. Pretty smart move.

UCBJ – Upper Cumberland Business Journal » Groundbreaking scheduled for Ficosa
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Old 06-04-2015, 09:09 PM
 
Location: Nashville, TN
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Interstate exposure is always a good thing.
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Old 09-18-2015, 02:30 PM
 
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I drove by the construction site of the new Ficosa plant today. It's coming along nicely. I noticed they also removed quite a bit of bush and trees on the back of the property to make it more visible from I-40.

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Old 09-25-2015, 11:44 AM
 
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Heard some interesting things about the move just the other day. Crossville/Cumberland County did offer about $6.5 million in tax incentives; however the state ECD came in with another $2.5 million to give Cookeville/Putnam County....a not so popular cannibalistic move against an in-state entity much less neighboring county.

But more to the story was the reason why so many will not be commuting to the new facility; apparently, this operation pays production staff $3 less an hour than the average production (unskilled labor) wage in Cumberland County.
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Old 10-01-2015, 09:47 PM
 
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GREAT NEWS for Putnam County! However, the salary disparity doesn't make sense.
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Old 03-11-2016, 04:09 PM
 
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Manpower's Cookeville office will be holding a job fair on March 17 to start filling positions at Ficosa.

UCBJ – Upper Cumberland Business Journal » Ficosa holding hiring event March 17
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Old 03-11-2016, 05:33 PM
 
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Originally Posted by tragenvol View Post
Heard some interesting things about the move just the other day. Crossville/Cumberland County did offer about $6.5 million in tax incentives; however the state ECD came in with another $2.5 million to give Cookeville/Putnam County....a not so popular cannibalistic move against an in-state entity much less neighboring county.

But more to the story was the reason why so many will not be commuting to the new facility; apparently, this operation pays production staff $3 less an hour than the average production (unskilled labor) wage in Cumberland County.

I'm not so sure that this relocation is such great news for Cookeville or Putnam County. Is it really a benefit to an area to increase the number of jobs that pay $3/hour LESS than unskilled labors make?


If these jobs were high paying skilled jobs, that's one thing, but bringing in nearly 1,000 jobs that pay substantially less than unskilled labor makes is not my idea of great economic news.
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