Nippon Steel-Sumikin Materials USA To Locate Manufacturing Center In Fayetteville, Tennessee
01/12/2016
The company will be making modifications to the manufacturing space, installing equipment as well as building out the office space. Nippon Steel is a major subsidiary of Nippon Steel & Simitomo Metal Corporation, the second largest steel making company in the world. Nippon Steel and Sumikin Materials manufactures a metal substrate for the automotive industry and is the only metal substrate manufacturer that produces the stainless foil raw material that is used the in the final product. The metal substrate is distributed globally.
“Thanks to the great support of Fayetteville-Lincoln County and the state of Tennessee, we are able to start operation of our first U.S. plant,” President of Nippon Steel and Sumikin Materials USA Taro Kono said. "We are excited to work in Fayetteville and contribute to air purification of automobile, motorcycle and many industrial equipment through providing our unique metal substrate.”
“We are excited that Nippon Steel has decided to locate its first U.S. plant here in Tennessee,” Community Development Commissioner Randy Boyd said. “It is great to have Nippon Steel joining Team Tennessee and I want to thank them for creating valuable jobs in Lincoln County. I am eager to see their growth and progress.”
Tennessee Valley Authority Senior Vice President of Economic Development John Bradley said, “The tremendous growth this region has seen in the automotive sector helps TVA further its mission by helping bring quality jobs and investment to the communities that we serve. We are pleased to partner with the state of Tennessee and Fayetteville-Lincoln County Industrial Development Board to help facilitate Nippon Steel’s new location decision.”
Article Discussion
2017 Top States for Doing Business: Georgia Ranks #1 Fourth Year in a Row
Mark Crawford, Area Development
Leading Locations for 2017: West Coast "Tech" Cities Top List, Smaller MSA's Show Workforce Chops
Area Development Research Desk
Mark Crawford, Area Development
2017 Gold & Silver Shovel Awards Recognize States Compiling Healthy Rosters of New and Expanded Facilities
Geraldine Gambale, Area Development Magazine
Steve Stackhouse-Kaelble, Area Development
31st Annual Survey of Corporate Executives: Confidence in U.S. Economy, Need for Investment in Infrastructure Reflected
Geraldine Gambale, Area Development Magazine
13th Annual Consultants Survey: Confidence in U.S. Economy, Concern Over Proposed Trump Policies
Geraldine Gambale, Area Development Magazine
Industrial Manufacturers’ Optimism Reflected in Expectations of Higher Revenue Growth, Increased Capital Spending
Geraldine Gambale, Area Development Magazine
Where Should Aerospace Companies Invest? Evaluating Aerospace Manufacturing Hubs
Scott Thompson, PwC
2016 Top States for Doing Business: Georgia Back in Top Spot Again
All Studies/Research/Papers
Steve Stackhouse-Kaelble, Area Development
Most Read
- A New Age for St. Pete, FL
- Putting Military Veterans’ Skills to Work
- Women in Manufacturing: Closing the Gap
- Silver Tsunami Washing Over the U.S. Workforce
- Manufacturing Workforce Certifications Will Help to Close the Skills Gap
- Area Development Consultants Forum Event Provides Insight on Attracting Canadian FDI
- Clawback Provisions: Negotiating Now to Optimize Long-Term Benefit
SPECIAL PRESENTATIONS
-
West Coast "Tech" Cities Top List, Smaller MSA's Show Workforce Chops
-
2017 Gold & Silver Shovel Awards Recognize States Compiling Healthy Rosters of New and Expanded Facilities
-
2017 Top States for Doing Business: Georgia Ranks #1 Fourth Year in a Row
-
31st Annual Survey of Corporate Executives: Confidence in U.S. Economy, Need for Investment in Infrastructure Reflected
