# @chattanooga on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DIMog7ePPHg
- **Gondola URL:** https://gondola.cc/posts/30517744-chattanooga-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/35d7b77432.jpg
- **Posted:** 2025-04-08T19:30:48.000+00:00
- **Account Owner:** Chattanooga Times Free Press (@chattanooga) — https://gondola.cc/chattanooga

## Caption

The Chattanooga Industrial Development Board has unanimously approved a second tax break for Novonix, an Australian battery materials company that laid off about a fifth of its local workforce in January.

During the public comment portion at the beginning of the meeting, no one spoke against the tax agreement that gives the foreign company a 15-year tax break worth $54 million in exchange for 500 jobs at a proposed second production facility near Volkswagen.

The deal — the second-largest jobs incentive in local history after VW — had already been unanimously approved by the City Council and the Hamilton County Commission.

Read the full story at the link in our bio. 

#novonix #money #batteries #jobs #chattanooga #tennessee

Photo 1 and 2 / Staff photos / Interior and exterior shots of Novnix are pictured.

## Stats

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- **Likes:** 72
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- **Comments:** 9

## Tags

money, novonix, chattanooga, jobs, batteries, tennessee

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