(WBIR) An automotive parts manufacturer announced Friday that it plans to invest $80.5 million to build its third manufacturing facility in Anderson County, which will create 1,000 jobs.
SL Tennessee, LLC said it will construct a new 250,000 square-foot building to join its two existing facilities in the Clinton/I-75 Industrial Park.
The South Korean automotive parts manufacturer has had a facility in Clinton since 2001, and this will be the company's fifth expansion.
Governor Bill Haslam said the expansion says a lot about the work environment in East Tennessee.
"To me one of the great stories here is this is a company that started here 13 years ago and just about every three years they've added to their business so it says a lot about Anderson County, Clinton, and the work environment that's here that a company like this that literally could grow anywhere has made that kind of an investment here," he said.
The company will begin construction in August 2014 and hopes the facility will be fully operational by April 2015.
The new facility will manufacture and produce head lamps and tail lamps. The company also plans to consolidate its data infrastructure for North America in the Clinton location.
Company leaders say most of the jobs will be in manufacturing and management.
"The biggest number [of jobs] will be manufacturing the quality parts on the floor and also we need a lot of jobs to manage and to plan and work with our customers in the market," said SL America President Y. K. Woo.
Anderson County Mayor Terry Frank said the expansion helps his county recover to a pre-recession economy.
"We're like every other place in this country," she said. "Since 2008, the economic downturn, everyone's still trying to fight their way out of that so 1,000 jobs is just a wonderful security blanket. It provides real opportunities for people."
In the past two years, SL Tennessee has announced the creation of nearly 1,300 jobs and has invested $200 million in Anderson County.
This is the second time in the past two weeks that an automotive company announced the creation 1,000-plus jobs in Tennessee. Last week, Volkswagen announced a $600 million investment in Tennessee, which would create 2,000 new jobs.