Subscribe
Close
  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Renew

Valeo North America Expands Smyrna, Tenn, Manufacturing Hub

06/28/2017
Automotive supplier Valeo North America, Inc. will invest $25 million to expand its operations in Smyrna, Tennessee. The company expects to create 80 new jobs in Rutherford County.

As a technology company, Valeo proposes innovative products and systems that contribute to the reduction of CO2 emissions and to the development of intuitive driving. Valeo has 166 plants, 20 research centers, 38 development centers and 15 distribution platforms, and employs 100,900 people in 32 countries.

Valeo will be expanding its current facility in Smyrna, adding 130,000 square feet to provide space for new equipment. The company will increase volume of existing product offerings and also add new product lines. Manufacturing at this location will include front-end modules, active grill shutters, and in the future, HVAC products.

“It is always great news when a company chooses to expand in Tennessee, and I want to thank Valeo for its continued investment in Rutherford County,” Department of Economic and Community Development Commissioner Bob Rolfe said. “Tennessee is home to more than 900 automotive suppliers and we are grateful that Valeo will grow this sector by creating 80 jobs in Smyrna. I look forward to seeing the company’s growth in our state.”

“It’s especially rewarding when an existing company announces an expansion,” Destination Rutherford Chairman Bill Jones said. “We thank Valeo for its investment in Rutherford County and congratulate the company on its future plans.”

Article Discussion

Follow Area Development

Share