# Clarksville-Montgomery County Economic Development Council

> The Clarksville-Montgomery County Economic Development Council is the nonprofit coordinating layer behind Clarksville's business recruitment, tourism promotion, chamber services, workforce partnerships, and privately funded community marketing. Its distinctive product is alignment: it gives prospects and local employers one connected system instead of a scavenger hunt across agencies.

- **Founded:** 1996
- **Headquarters:** Clarksville, United States
- **Products:** Business recruitment, retention, and expansion, Aspire Clarksville, Shared civic administration, Community data and prospect information, Urban and community development coordination
- **Notable:** The partnership's dashboard reports 10,192 jobs created and $7.05 billion in capital investment since 2010 across supported regional development activity., A 2019-2021 economic impact study found that 12 EDC-supported company projects created 4,514 jobs during that period., LG Chem announced a $3.2 billion cathode-material plant and 860 jobs in 2022 on a 420-acre Clarksville site; the project was Tennessee's largest announced foreign direct investment at the time.

## Products & services

- **Business recruitment, retention, and expansion** — Coordinates industrial prospecting, site preparation, incentives, infrastructure, and assistance for existing employers through the Industrial Development Board and partner network.
- **Aspire Clarksville** — A privately funded, five-year campaign model underwriting global business development, tourism development, community initiatives, workforce programs, and marketing communications.
- **Shared civic administration** — Provides common administrative, accounting, and marketing capacity for the Chamber of Commerce, Visit Clarksville, and the Industrial Development Board.
- **Community data and prospect information** — Publishes business-climate, demographic, workforce, education, and site information for employers, investors, and residents.
- **Urban and community development coordination** — Supports downtown and riverfront investment, retail recruitment, quality-of-place projects, and coordination across local development bodies.

## Achievements

- The partnership's dashboard reports 10,192 jobs created and $7.05 billion in capital investment since 2010 across supported regional development activity.
- A 2019-2021 economic impact study found that 12 EDC-supported company projects created 4,514 jobs during that period.
- LG Chem announced a $3.2 billion cathode-material plant and 860 jobs in 2022 on a 420-acre Clarksville site; the project was Tennessee's largest announced foreign direct investment at the time.
- Aspire VII secured $5.1 million in five-year pledges and limited in-kind services from 80 investors for the FY2025-FY2029 blueprint.
- The first Aspire campaign raised $1.6 million in private funds for 1997-2000; Aspire II raised $2.2 million for 2001-2004.
- The organization opened a consolidated downtown headquarters at 335 Franklin Street in January 2026, bringing six local development and leadership groups into one building.
- Clarksville ranked 23rd among U.S. boomtowns in a 2026 SmartAsset analysis cited by the EDC, with five-year housing-unit growth of 18%, labor-force growth of 31%, and compound annual real GDP growth of 4.8%.

## Latest updates

- **2026-08** — The EDC promoted the sixth Made in Clarksville feature, an inside look at LG Electronics' automated washer and dryer manufacturing operation.
- **2026-07** — EDC and IDB leaders discussed Costco as the planned anchor for the 220-acre Freedom Farms mixed-use development, with opening targeted for 2028 subject to approvals and construction.
- **2026-07** — The organization highlighted Clarksville's No. 23 placement in SmartAsset's U.S. boomtown ranking.
- **2026-01** — The Partnership opened its consolidated downtown headquarters at 335 Franklin Street after moving from long-rented offices on Jefferson Street.
- **2025-12** — Korea Zinc announced a $6.6 billion, two-county Tennessee investment, including a U.S. headquarters and manufacturing operation in Clarksville expected to create 420 Montgomery County jobs.

## Links

- Website: https://clarksvillepartnership.com
- LinkedIn: https://www.linkedin.com/company/cmcedc
- YouTube: https://www.youtube.com/@cmcecondev
- Facebook: https://www.facebook.com/CMCEDC

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Profile page: https://yespress.io/clarksville-montgomery-county-economic-development-council
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Last updated: 2026-09-20