TWB Company Plans $18 Million Expansion In Nashville, Tennessee
TWB will operate out of a 120,000 square foot facility at 6050 Dana Way, the company’s second location in Tennessee. The company also has operations in Smyrna. The Davidson County location will manufacture tailor welded blanks, which are individual steel sheets of different thickness, strength and coating joined together by laser welding and then stamped into automotive body panels.
The new facility will include next generation fiber lasers and curvilinear welding technology, expanding TWB’s 2D welding capabilities and its ability to reduce weight and increase strength of more parts of a vehicle. The use of tailor welded blanks in vehicles has grown in recent years as automakers use light weighting to improve the fuel economy of vehicles in order to meet new federal government standards. The Nashville facility will initially serve General Motors, Nissan and several Tier 1 automotive suppliers. Production is expected to begin in October 2015.
“TWB’s expansion in Tennessee reinforces our global reputation as a leader in the automotive manufacturing industry,” Economic and Community Development Commissioner Randy Boyd said. “I want to thank TWB for choosing to open another location in our state and for the new jobs they’re creating in our communities.”
Formed in 1992, TWB Company, LLC is a joint venture of Worthington Industries and Wuhan Iron and Steel Company. Worthington Industries holds majority ownership, 55 percent, of the joint venture and financial results are consolidated within Worthington’s Steel Processing business segment.
Vigilent Labs Plans $104.6 Million Headquarters & Operations Campus in North Charleston, South Carolina
Glock Manufacturer GS Performance Relocates Headquarters & Operations to Nashville, Tennessee
The New Normal in the Automotive Supply Chain
2020 Auto/Aero Site Guide
Why are Foreign Trade Zones Making a Comeback?
2019 Top States for Doing Business: Georgia Ranks #1 Sixth Year in a Row
34th Annual Corporate Survey & the 16th Annual Consultants Survey
Infrastructure Investment as an Economic Stimulus Tool
The Next Recovery: Regional Leaders & Laggards