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Olympus Corporation of the Americas
Summary
Olympus Corporation of the Americas received a $750,000 grant from the Tennessee FastTrack Economic Development Fund. The Tennessee FastTrack Economic Development Fund provides additional grant support for companies expanding or locating in Tennessee with reimbursable grants made to local industrial development boards. EDGE acted as a conduit for the grant.Olympus is a global technology leader, crafting innovative optic and digital solutions in medical technologies; life sciences; industrial solutions; and cameras and audio products. Olympus solutions enable specialists to look inside the human body, further scientific research, ensure public safety and capture images of the world. Olympus Corporation of the Americas (OCA)—a wholly owned subsidiary of Olympus Corporation in Tokyo, Japan—is headquartered in Center Valley, Pennsylvania and employs more than 5,000 employees throughout locations in North and South America.
The grant is part of an incentive package that will assist the company with the creation of more than 280 new jobs and the investment of $11,500,000 at a 110,000 square foot facility located at 2995 Appling Road in Bartlett, TN.
Financing Amount:
$750,000
Projected Total Jobs:
149
Total Investment:
$11,500,000