Franklin-Simpson celebrates economic growth with award presentations

FRANKLIN, Ky. – Several economic accomplishments are being highlighted in the Franklin-Simpson area.

The Franklin-Simpson Industrial Authority hosted its annual Appreciation Luncheon on Tuesday at Franklin-Simpson High School.

According to a release by the industrial authority, the event drew together “hundreds of local business leaders, elected officials and community partners to celebrate economic achievements and honor the region’s robust industrial sector.”

One part of the event included the awards ceremony, where Gary Broady and Jim DeCesare presented the awards, which included the following:

• Former FSIA board member Paul Raines was honored for his dedicated service to the authority and the community, according to the release.
• In addition, Simpson County Schools was recognized for its new expansion.
• Simpson County Fiscal Court was honored for its new County Clerk and PVA Office building.
• Franklin Electric Plant Board was recognized for its new office building and warehouse for electric and fiber.
• Shinsung ST USA received an award for its new manufacturing facility located in the Henderson Interstate Industrial Park.
• An individual economic development award was also presented to Danny Isaacs of the Tennessee Valley Authority for his commitment to “fostering industrial growth in the community,” according to the release.
• The prestigious Industry of the Year award was presented to Gehret Gage, founded by John Gehret and his son, Johnny. Gehret Gage, which has manufactured mechanical gauges as measuring tools for manufacturers worldwide, was recognized for its ongoing contributions and new opportunities in Franklin, according to the release.

Isaacs said, “I’m honored and thankful to be recognized with this award from the Franklin-Simpson County Industrial Authority. None of this would be possible without the strong partnerships we have with Franklin EPB, Warren RECC, and the entire TVA team who work hard every day to show up for the communities we serve.”

In his remarks, DeCesare, executive director of the Franklin-Simpson Industrial Authority, expressed gratitude to all of those who contribute to the region’s economic vitality.

“I want to express my gratitude to all of you who contribute to the economic vitality of Franklin-Simpson,” DeCesare said. “Our industries, small businesses, the Fiscal Court, the City of Franklin, and our utility partners all play crucial roles. Together, you make Franklin-Simpson one of the most attractive places to live and work in the country. This community is exceptional! Businesses are eager to be here, and people are moving in every day because Franklin-Simpson is a great place to live, work, and raise a family.”

DeCesare further announced new investments, including:

• Shinsung ST USA: A $53.5 million investment creating 100 new jobs.
• Sumitomo Electric Wiring Systems: An expansion valued at $24.44 million, adding 76 new jobs.
• These two projects alone represent nearly $79 million in combined investment and 176 new jobs for the community.

“In the next 28 days, we anticipate wrapping up the year strongly with several new announcements that could result in record investments in Simpson County within a single year,” DeCesare stated. “Just this morning, the Fiscal Court approved letters of support for two projects with a total investment exceeding $400 million and over 400 new jobs, alongside significant new tax revenue. We are on track for a truly banner year!”

Gary Broady, chairman of the Franklin-Simpson Industrial Authority Board of Directors, emphasized the importance of collaboration and the impact of local industries.

“It’s an honor to gather today and celebrate the incredible strength and dedication of our industrial partners,” Broady said. “Their contributions are the bedrock of our economy, providing jobs and opportunities that enrich our entire community. We are immensely proud of what we achieve together and look forward to continued growth and prosperity in Franklin-Simpson.”