South Korea-Based Hanon Systems Plans Loudon, Tennessee, Manufacturing Complex
08/02/2023
The new facility, located at Huntington Park, will supply thermal solutions for electrified mobility to automakers serving the North America market.
“Thanks to Hanon Systems’ significant investment in our state, more than 6,000 Tennesseans will be employed by South Korean companies. We welcome Hanon Systems to Loudon County and believe Tennessee’s skilled workforce and pro-business climate will be the ideal match for this company’s success,” TNECD Commissioner Stuart C. McWhorter noted.
Headquartered in South Korea, Hanon Systems is a leading supplier of thermal and energy management solutions for the automotive industry. The company’s products include heating ventilation and air conditioning; powertrain cooling; compressor; fluid transport; and electronics and fluid pressure.
“TVA and Loudon Utilities congratulate Hanon Systems on its decision to establish operations and create new job opportunities in Loudon County. Helping attract and retain jobs and investment in the Valley is at the core of TVA’s mission of service. We are proud to partner with Loudon County Economic Development Agency, Loudon County Mayor’s Office, Loudon County Commission, City of Loudon, and the Tennessee Department of Economic and Community Development to further that mission and celebrate this announcement together,” added John Bradley, TVA senior vice president of economic development.
Project Announcements
Wyandot Snacks Expands Marion, Ohio, Production Operations
08/29/2025
Trane Technologies Expands Fort Smith, Arkansas, Operations
08/29/2025
BioMADE Plans Boone, Iowa, Bioindustrial Manufacturing Operations
08/29/2025
Choice Fabricators Expands Rainbow City, Alabama, Production Operations
08/29/2025
Ranovus Expands Ottawa, Ontario, Semiconductor Operations
08/29/2025
Belgium-Based Stow Group Plans Gordon County, Georgia, Manufacturing Operations
08/28/2025
Most Read
-
Tariffs, Talent, and U.S. Expansion
Q3 2025
-
What We’re Getting Wrong About Gen Z’s Future in the Skilled Trades
Q3 2025
-
Data Center Demand Stabilizes Amid Changing Market Forces
Q3 2025
-
A New Course for U.S. Shipbuilding
Q3 2025
-
Optimizing Your Rail-Served Transportation Network: Strategy Before Steel
Q2 2025
-
In Focus: AI Is Changing Incentives Math
Q2 2025
-
Rewriting the Rules of Warehouse ROI
Q3 2025