In the heart of Nashville, the Industrial Development Board convened to discuss the ongoing partnership with Phillips, a company that has woven itself into the fabric of the community since its arrival in 2017. The meeting highlighted the progress of Phillips' economic grant, which was designed to incentivize job creation in the region.

Phillips was awarded a seven-year grant of $500 per employee, aimed at establishing a North American Center of Excellence focused on healthcare technology. As the sixth year of this grant unfolds, the board reviewed the company’s performance and its commitment to local employment. Ashley Harbin, an attorney representing Phillips, shared insights into the company’s journey and its significant impact on Nashville.

Since its decision to set up operations in Nashville over Atlanta, Phillips has committed to hiring local talent, with a goal of employing around 800 individuals. The company has made strides in meeting its job creation targets, with 635 employees qualifying for the grant's requirements this year. This diverse workforce reflects Nashville's demographic, with 60% of employees being female and 35% identifying as African American, Hispanic, or Asian. Notably, over half of these employees hail from Davidson County, underscoring Phillips' role in bolstering the local economy.

The board acknowledged Phillips' contributions to the community, emphasizing the importance of such partnerships in fostering economic growth. As the meeting concluded, it was clear that Phillips not only fulfilled its obligations under the grant but also enriched Nashville's workforce and community spirit. With one more year left in the grant period, the anticipation builds for what lies ahead as Phillips continues to thrive in Music City.