#Clarksville now lg plus
#Clarksville now lg free

soil, LG Chem envisions the Tennessee site being the supply chain hub where material and recycling partners work together to supply global customers,” the company announcement said. “In addition to the benefits realized by investing in manufacturing on U.S. “This announcement is more good news for our community, and further proves Clarksville-Montgomery County is on the right track in our economic development efforts.”įor LG Chem, Tennessee was the best choice due to its proximity to key customers, ease of transporting raw materials – the site is bordered by a rail line and is just a couple or miles from Interstate 24 – and active cooperation from state and local governments. “We are grateful that LG Chem will expand their investment in Clarksville, providing an historic level of capital investment along with hundreds of new, high-paying jobs for families in our growing community,” Clarksville Mayor Joe Pitts said. Ideal site for operationsĬompany officials held a signing ceremony this afternoon in Nashville with Lee, Department of Economic and Community Development Commissioner Stuart McWhorter and LG Chem CEO Shin Hak-Cheol, among others. This project will add diverse skill sets and advanced manufacturing roles to the local workforce while providing an exciting career option for transitioning military looking for a competitive wage,” said Buck Dellinger, CEO of the local EDC. “On behalf of the EDC, I am happy to share that the positions LG Chem brings with this project announcement will increase wage opportunities for our community. The salary ranges will be particularly helpful for soldiers transitioning out of Fort Campbell and looking for higher-wage positions. The IDB is also especially pleased that LG Chem is committed to shaping the future of the Middle Tennessee region by investing in diversity, equity, inclusion and meaningful community engagement.” “It brings a large number of high-skill and high-wage jobs to our area. “This project is transformative for our community!” said Shea Hopkins, vice president of Industrial Development, Clarksville-Montgomery County EDC.

#Clarksville now lg plus

The jobs will include production positions, plus roles in office/administration and management, the EDC said. About 200 of those jobs will pay over $100,000 per year, the EDC told Clarksville Now. The plant will create 860 jobs, with starting pay at $24 an hour, according to Clarksville-Montgomery County Economic Development Council officials. Bringing LG Chem has been an intentional effort on the part of the state and local economic development councils to bring high-quality employment to Montgomery County.” High number of high-paying jobs Thank you to those who worked so hard in the forefront and behind the scenes to make this a reality for Middle Tennessee and our community. “This is the largest investment ever made in Montgomery County and we embrace this opportunity. “Montgomery County, Tennessee is poised and ready for the electric vehicle industry,” said County Mayor Wes Golden. This will be the third EV battery sector factory for Clarksville announced in recent years, with the previous announcements from Microvast of its two EV battery plants in development.

#Clarksville now lg free

NEWS ALERTS: To get free breaking news alerts on your phone, text the word NEWS to 43414.Īt $3.2 billion, the LG Chem investment is almost three times that of Hemlock Semiconductor‘s $1.2 billion, announced in 2008. “I thank this company for creating more than 850 new jobs to provide opportunity to Tennesseans across Montgomery County.”

“LG Chem’s decision to invest $3.2 billion in Clarksville is a testament to Tennessee’s unmatched business climate, skilled workforce and position as a leader in the automotive industry,” Gov. Construction of the plant will begin in the first quarter of 2023, with mass production to start in the second half of 2025. That’s enough cathode material per year to power batteries in 1.2 million pure electric vehicles (EV) with a range of 310 miles per charge. LG Chem graphic showing location of the new plant. The plant, which will create a key component for electric vehicle batteries, will be the largest of its kind in the United States, covering 420 acres with a production target of 120,000 tons of cathode material annually by 2027, according to the announcement made by LG Chem, a South Korea-based company. It’s the largest announced foreign direct investment in Tennessee’s history. CLARKSVILLE, TN ( CLARKSVILLE NOW) – LG Chem announced today it will build a $3.2 billion cathode manufacturing plant in Clarksville, creating 860 new jobs, with about 200 of those paying more than $100,000 per year.