Amaero International Limited has announced plans to build its first American facility in Cleveland, Tennessee. The titanium alloy manufacturer will invest $54.9 million into the project, generating 105 new jobs in the process. The new 130,000-square-foot facility will serve as the company’s global headquarters, as well as a hub for advanced manufacturing, research, and development.
In a recent quote, Hank Holland, chairman and CEO, Amaero International Limited, said, “Amaero is appreciative of the many stakeholders in Tennessee who quickly mobilized to proactively develop and present a compelling business case for the re-location of Amaero’s flagship titanium powder production operations, research and development efforts and its corporate headquarters to Tennessee. Amaero will build upon the U.S.’ resurgent manufacturing sector and the strong regional manufacturing ecosystem with a critical and strategic industrial capability that addresses the country’s highest priority initiatives in advanced and additive manufacturing, as well as enhancing supply chain resiliency for critical minerals and defense production. This is a seminal event for Amaero and a great development for Amaero’s shareholders, our employees and our customers.”
Investing in American Manufacturing - 2023
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.