Auto Parts Manufacturer TPR Federal Mogul Invests $31 Million in Lawrenceburg, Tenn. Manufacturing Facility
07/16/2012
Its Lawrenceburg facility, which will be located in a vacant 155,000-square-foot industrial building at 201 Helton Drive, will serve the North American automobile manufacturing industry.
TPR Federal-Mogul Tennessee is a joint venture between TPR Co. LTD and the Federal-Mogul Corporation. The group also has operations in Minnesota and Wisconsin. The facility will produce cylinder liners for aluminum block engines and will house foundry, machining and warehousing functions. The facility is projected to begin operations next May.
"We are excited to welcome TPR and Federal-Mogul to Tennessee. I thank the companies for the investment they are making in Lawrence County and the jobs they are creating," Tennessee Economic and Community Development Commissioner Bill Hagerty said. "With Gov. Haslam's leadership and business background, Tennessee's reputation as a business-friendly state continues to strengthen."
"TPR is excited about the opportunity to grow its business and invest in Tennessee. We were attracted to the area due to the business friendly climate, skilled workforce, and proximity to our customers and suppliers. We have been impressed by the efforts of officials at the state, county, and city level. Their coordination and hard work were a major factor in our decision to choose this location," a TPR America official said. TPR America, the controlling shareholder of the joint venture, is based in Schaumburg, Illinois and oversees North American operations.
Lawrence County Executive J. Mack Chandler, said; "We are a community taking advantage of opportunities for success and are committed to bringing jobs to Lawrence County. The best part of being county executive is being able to help bring new jobs to Lawrence County which will give families the hope they have been looking for. That is, a place to work and raise their family."
"We are delighted TPR Federal-Mogul Tennessee has chosen Lawrenceburg," Mayor Keith Durham said. "This announcement further reinforces our efforts to recruit jobs to our area. There is a team approach to everything we do, especially in recruiting new industry to Lawrenceburg. We are dedicated to creating a competitive community that is going after companies we want here in Lawrenceburg. Once again it has served us well. The city stands ready to assist TPR with any issues during their growth and start-up process." As an incentive city officials agreed to provide road improvements and a tax abatement to attract the firm.
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