Eagle Band plant expanding
Posted: Wednesday, January 18, 2012 6:46 am
Eagle Bend Manufacturing Inc. has announced it is expanding its Clinton facility, creating 188 new jobs and investing $64 million over the next five years.
The company is a division of Magna International Inc. and is a Tier 1 automotive parts supplier for original equipment manufacturers of cars and light trucks worldwide.
“Eagle Bend Manufacturing represents the type of success story we are aiming for in our economic development efforts,” Gov. Bill Haslam said. “We have placed a renewed emphasis on helping existing industries grow right where they are, as this is essential to reaching our goal of becoming the number one location in the Southeast for high quality jobs.”
“Eagle Bend has been an important part of Anderson County’s business landscape for the past 25 years, and this latest expansion shows what a significant source of job creation existing industries are for our state,” state Commissioner of Economic and Community Development Bill Hagerty said.
Eagle Bend Manufacturing was founded in Anderson County in 1987. The recent announcement by the company means the Eagle Bend facility will add more than 100,000 square feet to its current 334,000 square foot plant. The expansion will occur in phases over the next five years with the first phase commencing in the first quarter of 2012.
The newly created jobs will include assembly, laser and press operators and maintenance positions. The Clinton facility currently employs more than 600 people.