PORTLAND, TN—Automotive supplier U.S. Tsubaki Automotive will spend approximately $35.8 million over the next five years to expand its assembly plant here. The project is expected to create 70 new jobs.
DAYTON, TN—La-Z-Boy Inc. plans to invest approximately $26 million over a three-year period in its assembly plant here. The facility, which won ASSEMBLY magazine’s 2013 Assembly Plant of the year, employs some 1,400 people.
SPRING HILL, TN—General Motors plans to add 650 jobs at its assembly plant here. The company will be adding a third shift, which is expected to begin in January 2017. Staffing details are still being finalized, but the company will begin filling the positions this quarter.
One way for a manufacturer to enter a new market is through acquisition. However, one downside of the strategy is that the manufacturing assets you acquire do not always mesh perfectly with how you like to do things.
SPRING HILL, TN—General Motors is investing $790 million at its assembly plant here and another $118 million in Michigan. The company will create nearly 800 jobs at the Spring Hill plant as part of the new high-efficiency engine program and other modernization initiatives.
MEMPHIS, TN—One of the largest economic development prizes for Memphis since the Great Recession, an Electrolux appliance assembly plant, has exceeded goals for jobs and investment that accompanied a tax break approved in 2011.