The Tennessee Department of Economic and Community Development and Gov. Bill Lee announced June 22 that Ramsey Solutions plans to invest $52 million in expanding its headquarters in Franklin.
“As we work to get Tennessee’s economy back on track, significant expansions like this from Ramsey Solutions will help our economy recover by offering our residents quality job opportunities,” Lee said in a release. “Ramsey Solutions has long been a terrific corporate citizen in Williamson County, and I am pleased to see it continue to invest and create high quality jobs.”
The new office building, the company’s second in Williamson County, will be 192,000 square feet and is being built on 47 acres of land in Berry Farms. Construction of the building began in August 2019 and is slated to be completed in May 2021.
TDECD Commissioner Bob Rolfe said the new office building will create 600 new jobs for the Middle Tennessee area.
“Private investment and job creation are critically important for Tennessee’s economic recovery, and TNECD is committed to support our businesses and communities every step of the way,” Rolfe said in a release.
The TNECD is helping support the development of the new office building, and has supported 30 economic development projects in Williamson County over the past five years, according to a release from the department.
“We appreciate our partnership with Gov. Lee and TNECD in helping us create another 600 jobs for our state,” Dave Ramsey, CEO of Ramsey Solutions, said in a release. “Tennessee’s low tax environment is causing healthy business growth and migration. It’s helping boost our economy, and we’re honored to be a part of that.”