March 2020

March 2020

Auburn, Ala., auto supplier plans $24 million expansion
Germany-based wheel manufacturer Borbet Alabama is planning a $23.9 million expansion of its Auburn operation, creating 25 jobs over the next two years. The company makes light metal alloy wheels for the automotive industry.

Volkswagen Chattanooga ramps up hiring
Volkswagen Chattanooga announced its goal of hiring up to 600 production employees over the next three months. “As we continue to grow our Tennessee operations as Volkswagen’s North American hub for electric vehicle manufacturing, we must also grow our team,” said Tom du Plessis, president and CEO of Volkswagen Chattanooga.

Eastman coating Martinsville, Va., with growth and jobs
Investing more than $50 million in the Martinsville area over the past eight years, Eastman Chemical Company, headquartered in Kingsport, Tenn., has continued to solidify its claims as a leading manufacturer of high-performance window tint and paint protection film for automotive applications and window film for residential and commercial applications. The company’s recently announced move to the former Stanley Furniture building was one of the largest expansions the Martinsville area experienced in 2019.

Toyota Financial Services opens hub in Georgia
Toyota Financial Services — the finance and insurance brand for Toyota in the United States — will open a new office in Alpharetta and become one of three “hub” locations for the company that support automotive dealers across the nation. The investment of more than $8 million will bring 150 new jobs to Fulton County.

Sonic Automotive to locate regional HQ in Gwinnett County, Ga.
Sonic Automotive, a Fortune 500 Company and one of the largest retailers of new and pre-owned vehicles in the United States, will locate a dealership and regional headquarters for EchoPark Automotive in Duluth, creating 130 new jobs and investing $20 million in the project.

Auto supplier announces $58 million expansion in Anderson, S.C.
NTN Driveshaft has announced a $58 million expansion and the addition of 140 new employees at its facility in Anderson. The company, headquartered in Japan, first announced the construction of a new plant in Anderson in 2016 with an initial investment of $84.5 million and the creation of 300 jobs.

Manufacturer expands Kentucky plant
Logan Corporation, a dump truck bed manufacturer, will expand its plant in Salyersville, Ky. The company plans to invest $1.2 million.

Autozone readies for downtown Memphis expansion
A building permit was just filed for AutoZone’s previously announced $145 million downtown digital expansion project. In addition to work at AutoZone’s headquarters, the expansion will also include two other buildings in Memphis, Tenn. In total, the project is expected to create 130 jobs.

Continental to invest $100 million in Texas
Michigan-based Continental, an automotive parts manufacturer, is investing $100 million in a new plant in New Braunfels, Texas. The project will retain 400 jobs and create 130 more. The company will make radar sensors for the automotive industry at the new facility.

Truck manufacturer breaks ground on Alabama expansion
Navistar broke ground on an expansion of its plant in Huntsville in the winter quarter. The company assembles commercial trucks and buses. The deal is expected to result in 145 new jobs, doubling the plant’s current workforce.

Truck manufacturer to expand in rural Virginia
Custom Truck One Source, a manufacturer of specialized truck and heavy equipment, is investing $2.6 million to expand its operations in Bedford County, Va. The project will create 61 jobs.

Auto supplier to create more than 300 jobs in Tennessee
Adient, a manufacturer of automotive seating, is investing $23.5 million in its facility in Lexington, Tenn. The Michigan-based company will create 330 jobs in the deal.

Mack Trucks to open new Virginia facility
Mack Trucks will assemble a new line of medium-duty trucks in Roanoke County, Va. The company, a Volvo subsidiary, announced in the winter it will invest $13 million to open the new plant. The deal will create 250 jobs.

Michael Randle

Author: Michael Randle