Subscribe
Close
  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Renew

FNS Group Builds Warehouse & Distribution Hub in Clarksville, Tennessee

11/02/2020
A South Korea-based full-service transportation and third-party logistics provider, FNS Group will invest $33.4 million to build a 300,000-square-foot warehouse and distribution center on a greenfield site behind LG’s manufacturing facility in Clarksville, Tennessee.

The proposed Clarksville warehouse will serve as the Southeast and Midwest portal, connecting businesses in this region to the company’s global logistics network. Pantos USA, a subsidiary of FNS Group, currently has 18 employees in Clarksville and will be expanding its footprint in the area while creating an additional 62 jobs.

“As a rapidly growing full-service transportation and third-party logistics provider, we are proud to make our Clarksville location our new transportation hub. We are excited about the opportunity to become a part of Clarksville’s growing community and serve our clients through our strategic logistics network,” Young Bin Kim, CEO of FNS, Inc. and Pantos USA said.

“Bringing foreign direct investment to Tennessee remains a priority for our department and South Korean companies continue to be great partners. FNS Group’s new facility will be a welcome addition to the area’s business landscape, and we appreciate the company for creating more than 60 high-quality, family wage jobs in Clarksville,” said TNECD Commissioner Bob Rolfe.

“I’m thrilled that yet another company has selected Montgomery County as a place to call home. As a logistics company, FNS has chosen the perfect central location to serve their clients all over the United States. Despite the global pandemic, Montgomery County continues to attract global companies and adds to the list of available job opportunities for our current residents, military veterans and newcomers. I’m looking forward to working with the Pantos leadership team,” said Montgomery County Mayor Jim Durrett.

“FNS Group’s investment in Clarksville is a testament to Tennessee's skilled workforce and ideal location. I’m thankful that FNS has chosen to expand its footprint in Montgomery County, and I look forward to the company’s growth in the years to come,” said Governor Bill Lee.

FNS Group and its affiliated companies operate more than 20 warehouses across North America and employ over 700 people. Pantos USA serves as LG’s primary logistics partner for its global shipments.

Share

Exclusive Research