Starbucks Gets $30M State Grant for Nashville Expansion
The grant is expected to support 2,000 jobs over five years as critics question whether Tennessee should keep backing large corporate subsidies.
- The Tennessee State Funding Board approved a $30 million Fast Track Grant for Starbucks to establish a new regional corporate office in Nashville, expected to create 2,000 jobs over five years.
- Amid the expansion, Starbucks is laying off 252 employees at its Seattle corporate headquarters following a separate announcement of 61 layoffs, raising questions about the company's financial health.
- Pamela Furr, grassroots director for Americans for Prosperity's Tennessee Chapter, opposed the funding, arguing "government should not be in the business of selectively rewarding customers with taxpayer dollars."
- Critics point to past performance issues with state grants; the state awarded Oracle America a $65 million grant in 2021 and Ultium Cells a $78 million grant, both facing subsequent employment challenges.
- "Taxpayers deserve to know if clawback provisions are being enforced," Furr said, questioning whether Tennessee has recovered funds from previous projects that failed to meet job creation projections.
13 Articles
13 Articles
Questions Raised About $30 Million In Taxpayer Dollars To Bring Starbucks To Tennessee
Image Credit: Marco Paköeningrat / CC & Canva ***Note from The Tennessee Conservative – this article posted here for informational purposes only. The Center Square [By Kim Jarrett] – The Tennessee State Funding Board greenlighted a $30 million Fast Track Grant to Starbucks for a new regional corporate office expected to employ 2,000 people over the next five years amid questions about previous grants. The coffee company headquartered in Seattle…
News-Herald
State approves $30M for Starbucks’ Nashville location
Tennessee officials approved $30 million Wednesday for Starbucks Corporation’s planned Southeast headquarters in downtown Nashville despite opposition from a conservative group and questions about the company’s treatment of coffee shop workers. The State Funding Board, composed of constitutional officers and…
AFP-TN Opposes $30M Fast Track Grant for Starbucks, Corporate Welfare in the Volunteer State
NASHVILLE- Americans for Prosperity Tennessee (AFP-TN) today voiced strong opposition to the $30 Million Fast Track Grant for Starbucks from the Tennessee Department of Economic and Community Development. This grant aims to accommodate and cement the Starbucks Coffee Company’s new corporate Headquarters inside the Volunteer State. The goal, put forward in front of the State Funding Board, is to provide this grant money to Starbucks to help wit…
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