France-based Mersen, a global leader in electrical power and advanced materials, will invest up to $65 million over time to establish operations in Columbia, Tennessee. The project is expected to create approximately 100 jobs in Maury County.
The company will acquire and renovate part of a former industrial building in Columbia. Mersen anticipates the plant will be operational in the second half of 2020.
Headquartered in France, Mersen designs innovative solutions that enable clients to optimize their manufacturing performance. It works with businesses in the energy, electronics, transportation, chemical, pharmaceuticals and process industries. Mersen has 6,900 employees across 35 counties.
“Given today’s particularly buoyant market, our goal at Mersen is to find the additional graphite production capacities that we need to satisfy market demands from 2020 onwards. With the quality of the assets there allowing a gradual investment, this acquisition is indeed an excellent opportunity to ramp-up our business in line with market dynamics while providing our Group with a new competitive advantage on certain materials that we purchase currently from outside vendors,” Mersen Group Vice President of Advanced Materials Eric Guajioty said.
“Mersen’s decision to create 100 quality jobs in Columbia is tremendous news for the residents of Maury County. When an international manufacturer chooses to invest in one of our communities, it’s a testament to the tremendous, world-class business climate we’ve fostered in Tennessee,” said Bob Rolfe, Commissioner of TNECD.