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New Company Bringing 200 Jobs to McMinn County
A new company is moving into McMinn County, bringing and estimated 200 jobs.
HP Pelzer Automotive Systems, Inc. builds automotive acoustic systems and car trim parts. The company will build a 185,000-square-foot manufacturing facility at the Mt. Verd Industrial Park in Athens, Tenn., set for completion in August 2013.
Investment in the project is anticipated to total $28 million. With site prep now underway, the company is targeting facility completion for Sept. 15, 2013.
Headquartered in Witten, Germany, the HP Pelzer Group operates 37 manufacturing sites and five technical centers employing more than 5,000 people in 18 countries. In the U.S., the McMinn County site will join other HP Pelzer facilities in Michigan, Georgia and Kansas.
“Our team looks forward to opening this facility in Athens, Tennessee,” said HP Pelzer Chief Operating Officer Steve Paladino. “In McMinn County, we have found a geographic area and a team of local leaders that are ideal for HP Pelzer’s manufacturing needs and growth. We look forward to being part of the regional business community.”
Tennessee Gov. Bill Haslam and Department of Economic and Community Development Commissioner Bill Hagerty welcomed HP Pelzer’s announcement as a jobs win for East Tennessee and the state.
“I want to thank HP Pelzer for its investment in Tennessee and the new jobs created in McMinn County,” Gov. Haslam said. “Our Jobs4TN strategy recognizes the auto sector as a key industry cluster where Tennessee has a distinct advantage with more than 900 auto suppliers and manufacturers, and today’s announcement helps us toward our goal of becoming the No. 1 location in the Southeast for high quality jobs.”
New Company Bringing 200 Jobs to McMinn County
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Last Update on December 18, 2014 08:45 GMT
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Mortgage company Freddie Mac releases weekly mortgage rates, 10 a.m.
Conference Board releases leading indicators for November, 10 a.m.
SONY HACK-NORTH KOREA
NEW YORK (AP) -- A U.S. official says North Korea perpetrated an unprecedented act of cyberwarfare against Sony Pictures that exposed tens of thousands of sensitive documents and escalated to threats of terrorist attacks that ultimately drove the studio to cancel all release plans for "The Interview," the film at the heart of the attack.
Federal investigators have now connected the Sony Pictures hack to the isolated communist nation, according to an official who spoke on condition of anonymity because the official was not authorized to openly discuss an ongoing criminal case.
Earlier in the day, the besieged company said it was canceling the Christmas Day release of "The Interview." It cited the threats of violence against movie theaters and decisions by the largest multiplex chains in North America, one after another, to pull the film from its screens.
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