Advanex Americas Relocates-Plans White House, Tennessee, Headquarters & Operations
06/09/2021
The company will invest $17 million to build a new facility at 514 Hester Drive. Advanex products are used in everything from ballpoint pens to space stations.
“Advanex Japan and Advanex Americas are excited to be building a facility in White House, Tennessee after a search that spanned over two years and several states. We chose Tennessee because of the welcoming business climate and the tremendous support of TNECD and government officials who are helping us quickly and efficiently bring a facility to an undeveloped site that will suit our needs and give us great accessibility to our customers. Tennessee has built a broad education system that includes developing a skilled and professional labor force that is attractive to business. We look forward to being a part of the White House community,” Kenichi Ogaki, president, Advanex Americas said.
“I’d like to thank Advanex Americas for selecting Robertson County and creating more than 100 high quality jobs for Tennesseans. Every time a company chooses to relocate to Tennessee, it is a vote of confidence to our business climate and workforce and provides a ripple effect of opportunity for our communities,” said Governor Bill Lee.
Advanex Americas is the U.S. division of Advanex Inc., a Japanese company founded in 1946 and headquartered in Tokyo, Japan that has grown into 15 group companies around the world. The company manufactures precision springs, wire form, pins, stampings, plastics and assemblies for companies in a range of sectors including automotive, aerospace, medical and agriculture.
“Japanese-owned companies have invested more than $2 billion in Tennessee over the last five years, making Japan our largest foreign direct investment partner. We appreciate Advanex Americas for choosing to relocate from California to Tennessee, and we are confident the company will find new growth opportunities due to our low cost of doing business and central location,” noted TNECD Commissioner Bob Rolfe.
Project Announcements
Ranger Design Establishes North Charleston, South Carolina, Operations
05/31/2023
Austrian-Based Kronospan Expands Oxford, Alabama, Operations
05/30/2023
TiiCKER Expands Grand Rapids, Michigan, Operations
05/30/2023
Hanon Systems Establishes Bulloch County, Georgia, Operations
05/26/2023
GE Vernova Expands Schenectady, New York, Operations
05/26/2023
Southern Rock Energy Partners Plans Cushing, Oklahoma, Crude Oil Refinery
05/26/2023
Most Read
-
Is a Flurry of Fads Shaping Economic Development Policy?
Q2 2023
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
Nearshoring — North America’s Next Factory
Q2 2023
-
Front Line: Water Supply Increasingly Affecting Location Decisions
Q2 2023
-
First Person: Labor Crunch in the Construction Industry
Q2 2023
-
Life Science Conversions in Real Estate
Q2 2023
-
19th Annual Consultants Survey: Clients Challenged by Tight Labor Market, Energy Availability
Q1 2023