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Hydroserre to bring nearly 300 jobs to Overton County, Tenn.

February 14, 2007 — Hydroserre Tennessee LLC will build a new production facility in Overton County, Tennessee. The company uses hydroponic technology to grow lettuces and greens nearly year-round within a controlled atmosphere. Hydroserre will invest in excess of $40 million in the community and provide nearly 300 jobs.

"This investment in Tennessee and the jobs Hydroserre will bring to Overton County is good news for this region of the state," said Governor Phil Bredesen. "We look forward to building a long and prosperous partnership with them."

“Overton County provides an optimal location for this facility,” said Martin Desrochers, president of parent company HydroSerre Mirabel Inc. "It is close to the Eastern corridor and allows us access to key target customers in the region. In addition, we are optimistic about the job opportunities that we can offer the residents of this community."

“With the recent slowdown in the economy and the loss of jobs in manufacturing here, we are thrilled that Hydroserre will locate in Overton County and create new job opportunities for our citizens,” said Overton County Mayor Kenneth Copeland. “We’re pleased that the state of Tennessee and TVA have been great partners in this project. It will be a tremendous economic boost not just for Overton County, but for surrounding counties as well.” Overton County is about 110 miles northeast of Nashville.

HydroSerre Mirabel, based in Quebec, began operation in 1987 and developed the capacity to reap 16 to 18 crops annually with its exclusive hydroponic growing methods. This will be the company's first greenhouse in the U.S.