When Ward 5 Lebanon City Councilor Haywood Barry asked about a lawsuit reportedly filed in Utah against Brett, Quinn said while he couldn’t discuss the suit, he could say it did not affect any of the company’s plans for Lebanon.
Quinn also said that CoreTech was a privately owned, privately financed company which would be paying the costs of building the proposed technology park from its own funds. The only government funding involved in the project are Fast Track funds for infrastructure which have not yet been approved by the state.
He described the planned park as having a first phase which would use almost 60 acres and provide a corporate headquarters for CoreTech, a technology training center and a research facility.
However, he added that other green technology businesses were already expressing interest in locating in the potentially 200-acre park.
“Our headquarters will house about 125 employees,” Quinn said. “But the potential is for as many as 2,500 higher paying jobs.”
He said there are also plans to include co-op programs with Cumberland University and Tennessee Tech, and that CoreTech plans to build in space for them.
He said they expect to start work on the park soon and would like to complete the first phase within 18 months.
When Becky Jennings from Wilson Bank & Trust asked about marketing strategies, Quinn said the company plans to market green friendly building materials, both concrete and tilt up walls, that are more affordable than traditional materials.
“They’re green because they use no gravel, instead they use waste, like fly ash for filler,” he said. “And if a panel doesn’t turn out right we can crumble it and reuse the material.”
He said the materials also have a higher R value per inch than traditional materials so houses built with them use less energy for heating and cooling.
“The goal with energy is not to use it,” he said.
Staff Writer Connie Esh may be contacted at email@example.com.