LG Electronics To Locate New U.S. Manufacturing Operations In Clarksville

To Invest $250 Million, Create 600 New Jobs

Tuesday, February 28, 2017

LG Electronics Inc. officials on Tuesday announced the company will build a new home appliance manufacturing facility in Clarksville. The global manufacturer, with headquarters in South Korea, is a leader in appliances, electronics and mobile devices. LG will invest $250 million in the facility, creating at least 600 new jobs in Montgomery County. 

The Clarksville facility will be LG’s first washing machine manufacturing operation in the United States. 

“We are proud to welcome LG to Tennessee and thank the company for creating 600 valuable, new jobs in Clarksville,” Governor Bill Haslam said. “LG’s decision to establish new manufacturing operations in Tennessee is a testament to the business-friendly environment, ideal location and highly-skilled workforce we offer to companies around the globe. Tennessee is the top state in the nation for advanced industry job growth, an accomplishment that would not be possible without the many successful companies that choose to do business here. I look forward to building a lasting partnership with LG in the years ahead as we work together to make Tennessee the No. 1 location in the Southeast for high quality jobs.” 

“Our department has placed a significant emphasis on recruiting international companies, and today’s announcement underscores our efforts to expand our reach not just domestically, but abroad to build upon the success of the Tennessee brand,” TNECD Chief Operating Officer Ted Townsend said. “When a company with such a strong, global reputation, like LG, chooses to operate in Tennessee, it speaks volumes to our state’s many business advantages, including our thriving manufacturing sector. We greatly appreciate LG’s investment in Tennessee and look forward to the positive impact the new facility will have on Montgomery County and its residents.” 

Tennessee was ranked No. 1 among all U.S. states for foreign direct investment job commitments in 2015, according to the 2016 IBM Global Locations Trends report. South Korea is among the top five countries for foreign investment in Tennessee, with Korean companies investing nearly $1 billion and employing more than 1,700 Tennesseans. 

“LG is proud to make further investments in America, to create jobs and to bring state-of-the-art home appliance production technology to the great state of Tennessee,” said Dan Song, president of the LG Home Appliance and Air Solutions Company. “Over the past six years, LG studied eight states for the location of this facility. Tennessee is the clear choice for LG’s latest major investment in America, due to the state’s excellent business climate, quality workforce and central location for distribution to our U.S. customers.” 

LG’s new Tennessee facility is expected to be the world’s most advanced production plant for washing machines. Construction on the 829,000-square-foot facility will begin later this year. Starting in 2019, the factory will initially produce front- and top-load washing machines. Longer term, the 310-acre site offers the potential to expand for production of other home appliances. 

Local officials and Tennessee Valley Authority leadership expressed gratitude to LG for its commitment to Montgomery County. 

“We’re happy to welcome another large company from South Korea to Clarksville,” Clarksville Mayor Kim McMillan said. “Clarksville continues to prove itself to be a great home for manufacturers that need a large and skilled workforce, shovel-ready industrial sites and outstanding infrastructure. This level of investment and new jobs shows that Clarksville is living up to our commitment to be a great place to live, work and raise a family.” 

“On behalf of all of Montgomery County, welcome LG! While we are always pleased to see more growth in our industrial park, we are especially pleased to see the results of our investment in the northeast expansion come to fruition,” Montgomery County Mayor Jim Durrett said. “The people of Montgomery County are our greatest asset, and this announcement validates that statement. From our incredible economic engine at Fort Campbell to the record setting Austin Peay State University, we are Montgomery County and we are growing. We have a wonderful relationship with all of our industrial partners and look forward to expanding those relationships to include our new friends with LG.” 

“TVA and Cumberland Electric Membership Corporation are excited to congratulate LG Electronics on its decision to locate a project of this magnitude in Clarksville,” TVA Senior Vice President of Economic Development John Bradley said. “Attracting and retaining quality jobs and investments in our region is a fundamental part of TVA’s mission to serve the people of the Valley. We are proud to partner with Tennessee Department of Economic and Community Development, Clarksville-Montgomery County Economic Development Council, Montgomery County, and the city of Clarksville to help further that mission.”   

"Today’s announcement that LG Electronics will invest $250 million and create 600 full-time jobs is outstanding news for the people of Montgomery County and the surrounding communities,” said Senator Bob Corker. “There is no question that Tennessee is a great place to do business, and I am glad this company will soon call our state home. Time and again, top-notch businesses are choosing Tennessee, and I thank Governor Haslam and his economic development team for their impressive efforts to bring jobs to the Volunteer State.”

VW Announces $3,000 Bonus For Production Employees, New Hires

Direct Flooring Opens Outlet In Rossville

Driver Services Offers At-Home Knowledge Testing

To recognize the efforts of its production team as it prepares for electric vehicle assembly, Volkswagen Chattanooga announced Wednesday that all production and maintenance team members and team ... (click for more)

Local small business, Direct Flooring, has opened its second location in Downtown Rossville, named “Direct Flooring Outlet”. The owner, Jordan Parker, is a Chattanooga native and third-generation ... (click for more)

The Tennessee Department of Safety and Homeland Security's Driver Services division is now offering a new online service, "At-Home Knowledge Testing," for Tennessee teenagers. Teenagers ... (click for more)


VW Announces $3,000 Bonus For Production Employees, New Hires

To recognize the efforts of its production team as it prepares for electric vehicle assembly, Volkswagen Chattanooga announced Wednesday that all production and maintenance team members and team leaders will receive a $3,000 bonus. Additionally, the company will offer a $3,000 signing bonus to production and maintenance team members hired between May 16 and Oct. 31. “We intend ... (click for more)

Direct Flooring Opens Outlet In Rossville

Local small business, Direct Flooring, has opened its second location in Downtown Rossville, named “Direct Flooring Outlet”. The owner, Jordan Parker, is a Chattanooga native and third-generation in the Carpet and Flooring business. Mr. Parker been involved with the Chattanooga business community since beginning Direct Flooring in 2004. “I truly believe in the Rossville and ... (click for more)

Breaking News

Five Star Food Service, Inc. To Expand Chattanooga Headquarters

Governor Bill Lee, Department of Economic and Community Development Commissioner Bob Rolfe and Five Star Food Service, Inc. officials announced Wednesday the company will expand its headquarters operations in Hamilton County. Through this expansion, Five Star will create 25 new jobs as the company relocates to 412 E. 10th St. in Chattanooga. The new downtown location will allow ... (click for more)

Neighbor Alerts Lookout Valley Couple With Newborn Baby About Fire

An early morning fire in Lookout Valley damaged a family’s home, but thankfully, the residents and their baby were able to safely escape the burning structure. CFD Green Shift companies were called to a house in the 3300 block of Kellys Ferry Road at 3:50 a.m. on Wednesday after a neighbor called 911 to report the fire. The neighbor also rushed over to notify the sleeping family ... (click for more)


Student Debt - And Response (4)

“And so we come to commencement, that glorious moment of achievement when a high school or college graduate will be awarded a hard-earned diploma and venture into a complex world full of promise and fright.” Uh-huh. Except for over 40 million young Americans who are saddled with a collective debt of well over $1.5 trillion, and who are being “blamed” by conservatives like Roy ... (click for more)

Roy Exum: Muffling The Mobs From Neighborhoods

On Monday Florida Governor Ron DeSantis signed a bill to combat bad behavior, which most laws do, but HB 1571 should have never been necessary. It bans angry mobs and profane picketers from going into neighborhoods to protest in front of somebody’s house. We’ve seen the upraised middle fingers and the insidious language spewed out of megaphones in recent weeks in front of some Supreme ... (click for more)