2/1/21
Tennessee, U.S. Governor Announces Franke Will Expand Lincoln County Operations
An expansion of over 50 jobs and a new product line in Nashville, TN
- Foodservice company will create more than 50 new jobs
- Fayetteville location will expand to add new product line
Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Bob Rolfe and Franke Foodservice Systems (“Franke”) officials announced today that the company will expand its Lincoln County operations and create at least 56 jobs.
Franke is in the midst of a $1.3 million investment to expand and make building improvements to its operations in Fayetteville, including the addition of woodworking capability to its core stainless-steel fabrication activities. Franke specializes in the design and manufacture of foodservice equipment to equip major restaurant chains with everything from workstations to entire facilities. Franke also distributes replacement equipment and supplies to customers globally from its facilities in the U.S., Europe and Asia.
Over the last five years, TNECD has supported nearly 10 economic development projects in Lincoln County, resulting in 900 job commitments and $165 million in capital investment.
Franke has been a valued part of the Fayetteville community for over 25 years, and I congratulate the company on its latest expansion. The manufacturing sector is thriving in Tennessee, and this investment will continue that momentum.
Bill Lee
Gov.
We congratulate Franke on its fourth expansion at its Fayetteville location. This project is proof that we’ve created an environment where global companies, when faced with the decision of where to expand, choose to do so at their Tennessee operations. Franke provides quality solutions for the foodservice industry, and we’re proud to be a place where manufacturing companies are guaranteed to find a highly-skilled workforce.
Bob Rolfe
TNECD Commissioner
We are excited at the opportunity to add new capabilities and personnel to Fayetteville to be able to handle additional product lines for our growing customer base. With the help of Tennessee resources, we are able to hire and train the kind of productive workers that keep our growth engine running and make us competitive in a demanding marketplace.
Christian Mathesius
CEO, Franke Foodservice Systems, Smyrna, Tenn.
I want to thank Franke for the confidence they have showed in our community and especially Lincoln County's workforce for the planned $1,357,625 investment that will bring 56 new jobs.
Bill Newman
Lincoln County Mayor
The City of Fayetteville is excited to learn that Franke has announced the expansion of their existing business in Fayetteville with the addition of 56 new jobs for our community. This is great news, especially during the uncertainty of this past year across the state and our country.
Michael Whisenant
Fayetteville City Mayor
TVA and Fayetteville Public Utilities congratulate Franke Foodservice Systems on its decision to expand operations in Lincoln County. It’s always an exciting day when we can celebrate a company’s continued commitment to growing in the Valley. We are proud to partner with Fayetteville-Lincoln County Industrial Development Board, Middle Tennessee Industrial Development Board and Tennessee Department of Economic and Community Development to help support companies, like Franke Foodservice Systems create job opportunities for the people of the region.
John Bradley
TVA senior vice president of Economic Development
Tennessee's business-friendly environment gives companies of all types the opportunity to create quality jobs for our residents. I am very pleased Franke will be expanding their operations in Fayetteville. We are grateful for their investment in our community.
Shane Reeves
Senator (R-Murfreesboro)
I am very pleased with Franke Foodservice Systems’ announcement to expand their operations in Fayetteville. Businesses like these play a vital role in our community. I appreciate Franke for providing high-quality jobs and investing in our skilled workforce and local economy.
Pat Marsh
Speaker Pro Tempore (R-Shelbyville)
About the Tennessee Department of Economic and Community Development
The Tennessee Department of Economic and Community Development’s mission is to develop strategies that help make Tennessee the No. 1 location in the Southeast for high-quality jobs. To grow and strengthen Tennessee, the department seeks to attract new corporate investment to the state and works with Tennessee companies to facilitate expansion and economic growth. Find us on the web: tnecd.com. Follow us on Twitter and Instagram: @tnecd. Like us on Facebook: facebook.com/tnecd.