Hatch Stamping Invests $17 Million In Portland, Tennessee, Manufacturing Facility
With a goal of being fully operational by January 2015, the Michigan-based automotive components manufacturer will invest $17 million in an existing facility and create 101 new jobs in Robertson County. Hatch Stamping Company will design and manufacture highly engineered metal stampings and assemblies in a 106,000 square foot manufacturing facility located at 1216 Jaybird Drive in Portland. The company is a Tier I and Tier II automotive supplier and will produce parts for the southeastern market and worldwide distribution.
“Hatch Stamping Company is very pleased to announce the opening of a Portland, Tennessee manufacturing location,” Hatch Stamping Company President/COO Dan Craig said. “Expansion to the Southeastern U.S. was a logical business decision considering the expansion of the automotive industry in that region. Hatch Stamping is now well-positioned to service our North American customers from several locations in Michigan, Portland, Tennessee and Queretaro, Mexico. Hatch Stamping Company would like to extend our sincere gratitude to the Tennessee Department of Economic and Community Development who have worked diligently to make this project happen.”
Hatch Stamping currently has five manufacturing facilities and a sales office in Michigan, and one manufacturing facility in Queretaro, Mexico.
“I want to welcome Hatch Stamping Company to Tennessee and congratulate the company on its latest expansion,” Governor Bill Haslam said. “Hatch Stamping’s decision to locate a new manufacturing facility in Portland is another example of the business-friendly climate our state offers to companies around the world, and it reinforces our goal to make Tennessee the No. 1 location in the Southeast for high quality jobs.”
“Tennessee boasts a number of advantages that make our state stand at the forefront when business owners are considering expansion -- including our favorable central location and qualified, dedicated workforce,” Economic and Community Development Commissioner Bill Hagerty said. “Our specialized automotive workforce is a significant competitive advantage for Tennessee, and I couldn’t be more pleased to see Hatch Stamping leverage this strength for our state. I appreciate the company’s decision to locate in Portland and wish them much continued success in the future.”
“TVA and Cumberland Electric Membership Corporation congratulate Hatch Stamping Company on its decision to locate new operations in Portland,” John Bradley, TVA Senior Vice President of Economic Development, said. “We are glad to partner with the state of Tennessee, the city of Portland, and Robertson County officials to help recruit and expand companies. This enables residents to benefit from the hundreds of new jobs available in our community.
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