Nashville mayor: Oracle to bring 8500 jobs, $1.2B investment
by Jonathan Mattise, The Associated Press
Posted Apr 14, 2021 5:41 pm EDT
Last Updated Apr 14, 2021 at 5:44 pm EDT
NASHVILLE — Oracle Corporation plans to bring 8,500 jobs and a $1.2 billion investment to fast-growing Nashville, a deal Mayor John Cooper’s office announced Wednesday as unprecedented in the history of Tennessee economic development projects.
Cooper’s office said the Austin, Texas-based computer technology company requested a public hearing for its economic impact plan with the Metro Industrial Development Board. That board and the Metro Council would need to finalize the deal. According to documents provided by Cooper’s office, the project would create 2,500 jobs in Nashville by the end of 2027, reaching the full 8,500 by the end of 2031, with an average salary of $110,000.