Posted by: Scott Harrison
Company investing $1.8 million in Sequatchie County
DUNLAP, TENN. – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Randy Boyd along with Precision Military Aerodynamics officials announced today the company is investing $1.8 million in its Dunlap facility.
Precision Military Aerodynamics, which manufactures parachutes for sporting and military use around the world, will create 100 new full-time jobs as part of the investment.
“Whether it is engineering the latest high-performance aircraft or designing the most advanced parachutes for elite Special Forces, Tennessee is known for its strong ties to the defense and aerospace industry,” Haslam said. “Precision Military Aerodynamics is one of the state’s leaders in this thriving sector. The creation of 100 new jobs will create a positive jolt for the local economy and increase employment opportunities for Dunlap and Sequatchie residents. I’d like to thank Precision Military Aerodynamics for its continued commitment to Tennessee and bringing us another step closer to making Tennessee the No. 1 location in the Southeast for high quality jobs.”
“Some of the world’s top aerospace and defense firms operate in Tennessee. It takes a highly skilled workforce to meet their needs. And in Tennessee, we’re able to do just that, with more than 8,300 Tennesseans working in this dynamic sector,” TNECD Commissioner Randy Boyd said. “Today’s announcement shows that our efforts to promote business expansions and economic development in rural parts of Tennessee are bearing fruit. On behalf of Team Tennessee, I’d like to thank Precision Military Aerodynamics for its continued contribution to Tennessee as well as the creation of 100 new jobs that will serve to energize the Dunlap community and provide high quality jobs to Sequatchie residents.”
President and CEO George Galloway founded Precision Military Aerodynamics in 1975.
The company supplies parachutes for sporting use as well as for units of elite military Special Forces. Precision Military Aerodynamics recently moved into its new 200,000 square-foot facility in Dunlap to expand into new lines of production.
“Since 1980, we’ve had continuous operations in Dunlap and Sequatchie County. We could locate anywhere, but it’s the work ethic, attention to detail and the quality of the people and employees in Southeast Tennessee that makes all the difference,” Galloway said. “As we’re shipping our products across the world, we’re finding our customers want American-made. This is a sizable expansion for Precision Military Aerodynamics, and we’re proud to be doing so here in Dunlap.”
“The 100 new jobs are a tremendous boost to the city of Dunlap,” city of Dunlap Mayor Dwain Land said. “Without the assistance of Gov. Haslam and his staff, this would not have been possible. I’d like to thank Precision Military Aerodynamics for its commitment to provide more job opportunities that will have a lasting impact on our residents.”
On Friday, Dunlap received a $200,350 Appalachian Regional Commission grant to construct an access road and upgrade the water pumping station in the Dunlap Industrial Parks for Precision Military Aerodynamics’ facility.
Dunlap and Sequatchie County are represented by Rep. Ron Travis (R – Dayton) and Sen. Janice Bowling (R – Tullahoma) in the Tennessee General Assembly.
About the Tennessee Department of Economic and Community Development
The Tennessee Department of Economic and Community Development’s mission is to develop strategies which help make Tennessee the No. 1 location in the Southeast for high quality jobs. To grow and strengthen Team Tennessee, the department seeks to attract new corporate investment in Tennessee and works with Tennessee companies to facilitate expansion and economic growth. Tennessee is the only three-time winner of “State of the Year” for economic development by Business Facilities magazine. Find us on the web: TNECD.com. Follow us on Twitter: @TNECD. Like us on Facebook: facebook.com/TNECD.