Posted by: Jennifer McEachern
Automotive supplier to invest $9 million on Claiborne County expansion
NASHVILLE — Tennessee Department of Economic and Community Development Commissioner Randy Boyd along with DTR Tennessee, Inc. officials announced today the company will invest $9 million to expand its Tazewell manufacturing facility.
The expansion, which will be DTR’s fourth expansion since initial construction was complete in 2002, will create 60 to 80 new jobs bringing total employment to nearly 800 by the end of 2017.
“Tennessee’s automotive sector employs 111,000 people at more than 900 establishments throughout the state, and these numbers are further strengthened when companies like DTR continue to grow and create more jobs for our Team Tennessee workforce,” Boyd said. “It means a great deal when companies choose to locate in Tennessee, but when they expand their presence here, it’s a vote of confidence to the many advantages our state has to offer. I thank DTR for its continued investment and congratulate the company on this expansion.”
DTR Tennessee will increase the Tazewell facility by 66,300 square feet. The additional space will be used for increased business of anti-vibration and sound insulation polyurethane products for the automotive industry in North America. The expansion is expected to be complete by November 2016.
In addition to the Claiborne County location, DTR Tennessee also has a manufacturing plant in Greene County that employs more than 900 people.
DTR Tennessee is a subsidiary of Sumitomo Riko Rubber Industries, which is a leading supplier of anti-vibration, polyurethane and hose productions for the automotive industry. Operating globally in 23 countries, DTR also supplies products for the IT, electronics, industrial and construction industries.
Tazewell and Claiborne County are represented by Sen. Frank Niceley (R – Strawberry Plains) and Rep. Jerry Sexton (R – Bean Station) in the Tennessee General Assembly.
About the Tennessee Department of Economic and Community Development
The Tennessee Department of Economic and Community Development’s mission is to develop strategies which help make Tennessee the No. 1 location in the Southeast for high quality jobs. To grow and strengthen Team Tennessee, the department seeks to attract new corporate investment in Tennessee and works with Tennessee companies to facilitate expansion and economic growth. Tennessee is the only three-time winner of “State of the Year” for economic development by Business Facilities magazine. Find us on the web: tnecd.com. Follow us on Twitter: @tnecd. Like us on Facebook: facebook.com/tnecd.