An Economic Update on Right to Work Tennessee

Businesses investing in Right to Work Tennessee include Virnig Manufacturing and SP-Teri, as well as Faurecia. Virnig and Faurecia are both expanding. Meanwhile, SP-Teri is relocating its headquarters here. Altogether, these three companies will create 283 ne jobs for the state. So this is great news!

Read on to learn more about each individual investment.

Virnig Manufacturing:

Virnig Manufacturing is investing $11.6 million in order to expand in Right to Work Pikeville, Tennessee. This will create 74 new jobs for Bledsoe County.

“Virnig Manufacturing’s investment in Pikeville is not only a win for the community, but also for our state as it will further expand our advanced manufacturing footprint in Southeast Tennessee. We thank Virnig for its commitment to create jobs in Bledsoe County, a Tier 4, at-risk community, and congratulate Pikeville on landing this project.”

AREA DEVELOPMENT MAGAZINE

SP-Teri:

SP-Teri is relocating headquarters to Right to Work McEwen, Tennessee with a $435,000 investment that will also create 35 new jobs!

“TVA and Meriwether Lewis Electric Cooperative congratulate SP-Teri on its decision to expand operations in Humphreys County. It’s always an exciting day when we can celebrate a company’s commitment to continued growth in the Valley. We are proud to partner with the Tennessee Department of Economic and Community Development and the Humphreys County Economic Development Council to support companies, like SP-Teri, to create job opportunities and investment in the region and celebrate this announcement together.” 

AREA DEVELOPMNENT MAGAZINE

Faurecia:

Faurecia is investing $18 million in order to expand in Right to Work Spring Hill, Tennessee. This will also create 171 new jobs!

“Since 2015, French-owned companies have invested more than $280 million in our state. We appreciate Faurecia for committing an additional $18 million of capital investment. We congratulate Faurecia on this expansion, which takes place just two years after the company chose to locate in Tennessee and thank the company for its continued investment and job creation in Spring Hill.” […]

“TVA and Columbia Power & Water Systems congratulate Faurecia Interior Systems, Inc. on its decision to expand operations in Maury County. It’s always an exciting day when we can celebrate a company’s continued commitment to growth in the Valley. We are proud to partner with the Maury Alliance, Middle Tennessee Industrial Development Association and Tennessee Department of Economic and Community Development to support companies like Faurecia, create new job opportunities and investment in the region.”

AREA DEVELOPMENT MAGAZINE

To read the previous update on economic development in Right to Work Tennessee, click here.

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