Hanon Systems has announced plans to build a new manufacturing facility in Loudon, Tennessee. The automotive thermal solutions supplier will invest $170 million into the project, generating 600 new jobs for the surrounding area. According to the company, this new plant will supply thermal solutions for electrified mobility to North American automakers.
In a recent quote, Gov. Bill Lee said, “Tennessee is at the center of the automotive industry, and Hanon Systems’ decision to invest nearly $170 million in Loudon County is a testament to Tennessee’s unmatched business climate, thriving economy and highly skilled workforce. I thank Hanon Systems for creating 600 new jobs that will create tremendous opportunity for Tennesseans across the region.”
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.