ProNova project forecasts 5,000 new jobs regionally

3/1/2013

 

By Robert Norris | ([email protected])

The decision by ProNova Solutions to locate in Pellissippi Place will be a “watershed” development with the promise of transforming the region’s economy, according to a University of Tennessee study.

Dr. Mark L. Burton, UT research associate professor, authored the report that was requested by the Blount County Chamber of Commerce.

“Within the report, I used the phrase ‘watershed.’ I don’t know that I’ve done that before,” Burton wrote in the report’s cover letter.

“In the 25 years that I’ve been evaluating proposed infrastructure, commercial and industrial developments, I don’t remember an instance when a single potential development held as much potential for a community, county or region.”

Burton’s projection is — if the endeavor comes to fruition on the scale envisioned — that ProNova’s development at Pellissippi Place will result in more than 5,000 new jobs with total annual incomes of nearly $500 million.

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