Morristown plant expanding
Posted: Monday, February 13, 2012 10:25 pm
OTICS USA, Inc. recently announced the company will expand its Morristown facility.
As a result of increased market demand, the automotive parts manufacturer will invest an additional $24.8 million and create 67 new manufacturing jobs, according to a recent announcement from the state Department of Economic and Community Development.
“Established Tennessee companies such as OTICS USA, Inc. are the driving force behind all new job creation in Tennessee,” Gov. Bill Haslam said.
OTICS USA, Inc. is the first Japanese transplant company in the United States for the OTICS Corporation. The expansion marks the company’s third expansion since its foundation in 2001.