- Created: Wednesday, 01 March 2017 11:00
- Hits: 349
LG has said that it is to open up a new plant in Clarksville, Tennessee in the USA to make washing machines for the US and Canadian markets we presume.
The Korean company is said to be pumping $250 million into the venture that should create around 600 jobs at the site which is to be about 829,000sq ft and scheduled to open in 2019.
“We are proud to welcome LG to Tennessee and thank the company for creating 600 valuable, new jobs in Clarksville,” said Governor Haslam. “LG’s decision to establish new manufacturing operations in Tennessee is a testament to the business-friendly environment, ideal location and highly-skilled workforce we offer to companies around the globe. Tennessee is the top state in the nation for advanced industry job growth, an accomplishment that would not be possible without the many successful companies that choose to do business here. I look forward to building a lasting partnership with LG in the years ahead as we work together to make Tennessee the No. 1 location in the Southeast for high quality jobs.”
“Our department has placed a significant emphasis on recruiting international companies, and today’s announcement underscores our efforts to expand our reach not just domestically, but abroad to build upon the success of the Tennessee brand,” said TNECD Chief Operating Officer Ted Townsend. “When a company with such a strong, global reputation, like LG, chooses to operate in Tennessee, it speaks volumes to our state’s many business advantages, including our thriving manufacturing sector. We greatly appreciate LG’s investment in Tennessee and look forward to the positive impact the new facility will have on Montgomery County and its residents.”
LG’s Dan Song said, “LG is proud to make further investments in America, to create jobs and to bring state-of-the-art home appliance production technology to the great state of Tennessee,”.
“Over the past six years, LG studied eight states for the location of this facility. Tennessee is the clear choice for LG’s latest major investment in America, due to the state’s excellent business climate, quality workforce and central location for distribution to our U.S. customers.”
Whether this is as a direct result of Donald Trump’s demands for production to be sited in the USA, we don’t know.