Greene County Looks for New Business After VGT Announces Closing
Greene County is trying to attract a major new company to replace one that's closing its doors by the end of the year.
Video Gaming Technologies is one of Greene's top five employers. NBC29 has learned it's moving out and taking hundreds of jobs with it.
Lady luck's lost on Greene County with casino software company Video Gaming Technologies' decision to move out after five years in the Tall Oaks Technology Center.
"VGT has been, really, a great asset to the community," said building owner Greg Spence. "It's a good group of people."
The facility's 200-250 employees learned late Thursday VGT would close its doors in Greene by the fall. The Nashville-based company's founder, Jon Yarbrough says, "We are not downsizing. We are just trying to become better organized for the long term."
He says the majority of workers in Greene will be offered relocation for jobs at VGT facilities in Nashville, Tulsa, or Reno.
"It really is a shame to see them leave and certainly is a loss to the county," Spence stated. "But on the same hand, we'll be looking to fill the facility with an equal or better company."
The director of the Greene County Economic Development Authority says a team from the county and state tried to convince VGT to stay but failed to reverse the company's plans.
Greene County Board of Supervisors Chairman Buggs Peyton said, "I'm very disappointed that they're leaving."
Now the county and Spence are marketing the former Technicolor factory to bring a new employer in quickly.
"A data center would be a good fit as well as call centers and even some manufacturing," suggested Spence.
"We are business friendly," Peyton stated. "We try to not run businesses that inquire through all the red tape. We try to get them on the fast track and get them here."
VGT employs programmers, software engineers, and support staff in Greene. The county and business community says it will work with VGT employees who want to stay here to help them find new jobs.
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