HTS International Corporation Locates Headquarters-Manufacturing Hub In Knox County, Tennessee
10/20/2016
In addition to its global and North American headquarters, HTS International plans to house an R&D lab, a metallurgical lab and industrial metal additive manufacturing equipment for production in the facility. The facility will include 10,000 square feet of office space and between 50,000 and 60,000 square feet for R&D and production. HTS International plans to create 200 jobs during the next four years. Construction of the Knox County facility is expected to begin in early 2017.
“Our core mission for our U.S. operations is making U.S. manufacturers more efficient and competitive on a global scale,” HTS International CEO William Sames said. “East Tennessee is very central and close to the manufacturers we supply. With the increasing automotive presence in the Southeast, we see the Knoxville area as a strategic location for our engineering services.”
“We are seeing our technology revolutionize the die casting and plastic molding industries,” Sames added. “By significantly reducing the cycle time of production, sometimes by 50 percent or more, we are seeing companies reshore production to the U.S. and expand existing U.S. production.”
“Employment in Tennessee’s advanced manufacturing sector has grown more than 33 percent since 2010, four times higher than the nation’s growth average for these high-skilled jobs,” Economic and Community Development Commissioner Randy Boyd said.
“That type of success, fueled by innovative existing companies and the breadth of expertise found in our workforce, helps our state recruit new advanced manufacturing companies. It’s a virtuous cycle that is critical in attracting global companies such as HTS International. I’d like to welcome HTS International to Team Tennessee and look forward to the positive impact the company’s new headquarters and plant will have on Knox County and its residents,” he added.
“Knox County is extremely lucky for HTS International to locate its headquarters, research and development and manufacturing operations in the Pellissippi Corporate Center,” Knox County Mayor Tim Burchett said. “This again stresses the importance of having a ready-to-go business park land so Knox County has a place for next generation technology companies like HTS International. The STEM-rich technology jobs that HTS International will create will provide a better quality of life for our neighbors and for that, I’m grateful.”
Project Announcements
Process Machinery Expands Shelby County, Kentucky, Production Operations
04/26/2025
HL Mechatronics Expands Williams Township, Michigan, Operations
04/26/2025
Norplas Industries Expands Highland Park, Michigan, Operations
04/26/2025
General Dynamics Ordnance and Tactical Systems Establishes Camden, Arkansas, Operations
04/26/2025
Cyclic Materials Plans Mesa, Arizona, Recycling Operations
04/26/2025
Amazon Plans Marshall County, Mississippi, Inbound Cross Dock Operations
04/26/2025
Most Read
-
Run a Job Task Analysis
Q4 2024
-
The Location Economics of Advanced Nuclear
Q1 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
NEW NIMBYism: A Threat to The U.S. Economy
Q4 2024
-
Power, Policy, and Site Selection in 2025
Q1 2025
-
Why Workforce Readiness Can’t Wait
Q1 2025
-
Designing Beyond the Assembly Line
Q1 2025