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Area Development - Site Selection, Facility Planning and Workforce Development

Eurotranciatura USA Plans $12.6 Million Expansion In Paris, Tennessee

07/26/2016
Eurotranciatura USA, a joint venture between Italy-based Euro Group S.p.A and Japan-based Kuroda Precision Industries Ltd. that manufacturers steel lamination products for electrical motors and generators, is investing $12.6 million over the next five years to expand its operations in Paris, Tennessee.

The company’s investment includes upgrades and new equipment for its existing manufacturing plant in Henry County. Eurotranciatura will also build a roughly 30,000 square foot distribution warehouse near its current plant to accommodate growth and reduce transportation costs. Eurotranciatura will create more than 170 new jobs as part of the expansion.

“Over the last 30 months, we successfully introduced the latest technologies available in the market to provide cost effective solutions for our customers,” Eurotranciatura Chief Operations Officer Matteo Fassio said. “This was also achieved with the support of the local community and the state of Tennessee. This joint effort will secure the creation of additional jobs for Henry County in the near future.”

In 2014, Eurotranciatura acquired the lamination division of Tecumseh, based at 2700 W. Wood St. in Paris. The company recently completed its purchase of Tecumseh’s former building in Henry County. Renovations to Eurotranciatura’s existing plant are scheduled to be completed by the first or second quarter 2017. Construction of the new warehouse is expected to begin in August 2017.

“Advanced manufacturing runs deep in Tennessee. Time and time again, when manufacturers choose to locate in our state, Tennesseans are up to the task,” Governor Bill Haslam said. “Tennessee’s highly-skilled workforce and dedication to innovation continue to attract leading manufacturers like Eurotranciatura. We thank them for choosing to expand in Paris and their commitment to create more than 170 new jobs for Henry County. This expansion pushes us closer to our goal of being the No. 1 location in the Southeast for high quality jobs.”

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