South Korea-Based LG Electronics USA, a leading home appliance manufacturer, will expand its operations complex in Clarksville, Tennessee. The project is expected to create 334 new jobs in Montgomery County.
To help meet the unprecedented U.S. demand for its top-rated washing machines, the company is increasing production by investing an additional $20.5 million to add another shift for manufacturing. The expansion will bring LG's employment in Clarksville to roughly 1,000 this year.
“American consumers love LG washers from Tennessee, as seen by in the double-digit percentage growth in sales over the past year. The production expansion in Clarksville will help us meet the unprecedented demand for our top-rated washing machines across the country,” said Thomas Yoon, President and CEO, LG Electronics North America.
LG announced in early 2017 that Montgomery County would be home to its first washing machine manufacturing operation in the United States. Completed in 2018, the one-million-square-foot facility is believed to be the world’s most advanced integrated washing machine plant.
The $360 million smart factory currently has the capacity to produce more than one million front- and top-load washers per year. Integrated production operations supporting assembly include metal fabrication, plastic injection molding and painting. Complementing the factory’s skilled workforce are hundreds of robots used in the material handling, parts production, sub-assembly and final assembly processes.
“LG established operations in Clarksville four years ago, and has since provided great value and investment for the community," said Governor Bill Lee. "I thank the LG team for choosing to grow in Tennessee, creating more than 300 new jobs in Montgomery County. We are proud to have such a respected brand call our state home.”
Under agreements with the State of Tennessee and Montgomery County, LG will receive support for construction, infrastructure improvements, job training and veteran recruitment. The project also includes incentives from the Tennessee Valley Authority.
“We continue to focus on recruiting top projects from around the world. By investing in a broader international footprint, we are ensuring that Tennessee is deeply rooted in the global economy. We congratulate LG on this expansion and are grateful for the company’s continued investment and job creation in Tennessee,” TNECD Commissioner Bob Rolfe added.
LG Electronics USA is the North American subsidiary of LG Electronics, Inc., a $56 billion global innovator in technology and manufacturing headquartered in South Korea, which is one of Tennessee’s top sources of foreign direct investment. Korean companies, including LG, have invested nearly $1.5 billion in private capital in the state and employ more than 4,500 Tennesseans.