Three companies receiving first-of-their kind state grants

(The Center Square) – The Tennessee Department of Economic and Community Development awarded three Unicoi County companies at least $1 million in the first-of-its-kind grants tied to Hurricane Helene recovery, state officials said.

The grants support retraining and recovery after the storm, which swept through northeastern Tennessee in 2024, according to the department.

PolyPipe’s building in Erwin was destroyed by the hurricane. The company, which manufactures polyethylene pipe for utilities, is using the money to retain 66 positions.

“The devastation from Hurricane Helene was unlike anything we’ve faced in our company’s history,” said CEO Mark Brenon of PolyPipe. “This grant is not just funding – it’s a lifeline for our employees, our customers and our future here in Erwin.”

PlastiExports is retaining 53 positions thanks to the grant money, according to the department. The company sustained more than $14 million in damages.

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“This retraining and retainment grant represents more than just funding – it’s an investment in restoring jobs and revitalizing our community,” said J.P. Metcalf of PlastiExports. “Every job that we can provide means stability for a household and hope for the future. I am deeply grateful to our local and state economic development teams for making this possible.”

Foam Products, which fabricates commercial and industrial foam insulation and packaging products, had almost $20 million in damages after the hurricane. The company will use the funding to retain 47 jobs.

Gov. Bill Lee said he is confident the grants will provide lasting relief for the families and businesses in the region.

“Hurricane Helene was an unprecedented disaster for our state, and one year later, many Tennesseans remain forever changed by the loss of life and severe flood damage,” said Lee. “I’m proud to announce recovery grants for three Unicoi County companies, which will not only help businesses rebuild and restore operations but also provide job security and strengthen the local economy.”

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