Magazine honors Tennessee
Posted: Tuesday, March 20, 2012 7:00 pm
The publishers of Trade & Industry Development magazine, a national economic development publication, have named Amazon.com, Inc., General Motors, Quaprotek USA, MANN+HUMMEL USA and the Tennessee Department of Economic and Community Development among the recipients of its 2012 Corporate Investment & Community Impact Awards.
With more than 700 project submissions throughout North America, these projects were chosen as four of only 15 finalists in the Community Impact division of the CiCi Awards, totaling the most for any state.
“Under Governor Haslam’s leadership, our department is dedicated to creating a business friendly environment that gives companies the confidence to invest and grow in our state,” state Commissioner of Economic and Community Development Bill Hagerty said.
Trade & Industry Development recognized Amazon.com, Inc. for the company’s December 2011 announcement that two new fulfillment centers will be built in Wilson and Rutherford counties. These latest Middle Tennessee locations will create more than 1,300 jobs and generate an investment of $135 million. Together with three existing facilities in Wilson, Hamilton and Bradley counties, Amazon will create more than 3,300 jobs and invest over $270 million in Tennessee.
In November 2011, General Motors announced a $61 million investment to bring its idled Spring Hill assembly plant back to life as one of the world’s most-flexible manufacturing facilities capable of building any GM car or crossover based on customer demand or manufacturing need. The investment will create 594 hourly jobs and 91 salaried positions for the flexible operation scheduled to begin with the Chevrolet Equinox in the second half of 2012.
GM also announced a second investment of $183 million for future midsize vehicles to be built at Spring Hill with the exact timing to be determined. The investment is expected to create an additional 1,090 hourly and 106 salaried positions.
Quaprotek USA announced in August 2011 its plans to locate a manufacturing facility for the production of metal parts for vehicles, engines and power trains in Ripley. The German-based company will invest $22 million and create 126 jobs during a five-year period to supply leading manufacturers within the automotive industry.
MANN+HUMMEL USA announced in November 2011 its decision to locate a satellite facility in Dunlap. The company expects to invest nearly $15 million during a three-year period and employ about 150 workers by the end of 2013. MANN+HUMMEL USA designs and produces air intake manifolds, air cleaner systems and fluid reservoirs for the automotive, heavy duty and industrial markets.
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