Stone Mountain Technologies Plans Piney Flats, Tennessee, Operations
11/18/2023
The new manufacturing facility will launch production of ANESI, the company’s brand of high efficiency gas-fired heat pumps.
“We are excited to launch the manufacturing and engineering of our ANESI brand of very high efficiency heat pumps and water heaters for residential and commercial buildings in Northeast Tennessee, adding to the state's growing advanced energy economy. We look forward to adding skilled manufacturing jobs and opportunities to the region,” Michael Garrabrant, CEO, Stone Mountain Technologies said.
Stone Mountain Technologies, Inc. (SMTI) is a developer and manufacturer of high-temperature thermal heat pumps under the ANESI brand. Anesi products are ideal for a wide range of residential and light commercial heating needs, including forced air and hydronic space heating as well as water heating.
“We appreciate SMTI for establishing manufacturing operations and investing nearly $14 million in Sullivan County. We know this will add momentum to Tennessee’s growing manufacturing industry, and we look forward to the company’s continued success,” TNECD Commissioner Stuart McWhorter noted.
Project Announcements
Taiwan-Based Eurocharm Group Plans Kershaw County, South Carolina, Manufacturing Operations
07/10/2025
Sumitomo Electric Wiring Systems Plans Simpson County, Kentucky, Manufacturing Operations
07/10/2025
Atlantic Union Bank Expands Henrico, Virginia, Operations
07/10/2025
AssetMark Plans Charlotte, North Carolina, Operations
07/09/2025
Citigroup Plans Charlotte, North Carolina, Operations
07/09/2025
Germany-Based CS INSTRUMENTS Plans Bluffton, South Carolina, Headquarters Operations
07/09/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
First Person: David Robey, Co-CEO of QTS Data Centers
Q2 2025