- Taiwanese metal composite material manufacturer to establish first U.S. facility in Tennessee, invest $45 million in Mt. Pleasant
NASHVILLE, Tenn. – Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart C. McWhorter and Xxentria Technology officials announced today the company will invest $45 million to establish its first U.S. metal composite production facility in Mt. Pleasant, Tennessee.
Xxentria will create 85 new jobs at the Cherry Glen Industrial Park, a Select Tennessee Certified Site, in Maury County.
Based in Taiwan, Xxentria Technology Materials Company, Ltd., is a leading manufacturer of metal composite material. The Tennessee location will serve the automotive industry with the composite panels used to manufacture truck and trailer bodies.
Xxentria’s expansion to Tennessee results from years of research to locate a manufacturing facility in closer proximity to Xxentria’s U.S. customer base. The Mt. Pleasant plant will house equipment capable of two lines for lamination and one line for fabrication.
Since 2019, TNECD has supported nearly 15 economic development projects in Maury County, resulting in approximately 3,500 job commitments and $4.8 billion in capital investment.
QUOTES
“Global brands continue choosing to invest in Tennessee thanks to our low cost of doing business, highly skilled workforce and central location. I thank Xxentria for selecting the Volunteer State as home to its first U.S. location and believe these 85 new jobs will positively impact families across Maury County for years to come.” – Gov. Bill Lee
“Companies always have a choice in where they do business, and we are grateful that Xxentria will join the more than 1,000 international businesses that call Tennessee home. I look forward to seeing the success that follows today’s announcement in Mt. Pleasant.” – TNECD Commissioner Stuart C. McWhorter
“The State of Tennessee has a pro-business climate and is aggressively attracting international manufacturing companies like ours. Establishing a manufacturing operation in Tennessee will allow us to better collaborate and serve our valued customers throughout North America while demonstrating that Taiwanese innovation has a home in the southeastern U.S.” – Howard Cheng, CEO, Xxentria Technology Materials Co., Ltd.
“The City of Mount Pleasant continues to attract international investment in no small part due to the local investments made in the Select Tennessee Certified Cherry Glen Industrial Park, infrastructure improvements, and high-quality education and workforce development programs. We would like to thank Xxentria for selecting Mount Pleasant as the location for their new manufacturing facility. Additionally, we would like to thank TNECD, TVA, NACC, MTIDA, SCTDD, MPPS, IDB of Maury County, and the Maury Alliance for their continued economic development teamwork and support, making announcements like this possible.” – Mt. Pleasant Mayor Bill White
“I would like to welcome Xxentria as the newest member of Team Maury! I am especially excited by how well the diversification of industry to our local economy and the addition of high-quality job opportunities matches with the economic development goals and targets identified by the community. What a great fit and what a great new addition! I would like to thank Xxentria for their investment in Maury County and our economic development partners for their hard work and continued support of the community.” – Maury County Mayor Sheila Butt
“TVA and Mt. Pleasant Power System congratulate Xxentria on its decision to establish operations in Maury County. Attracting and retaining companies committed to job creation and investment in the region is fundamental to TVA’s mission of service. We are proud to partner with the Maury Alliance, Middle Tennessee Industrial Development Association and the Tennessee Department of Economic and Community Development to help carry out that mission and look forward to Xxentria future success in the Valley.” – John Bradley, TVA senior vice president of economic development
“We are pleased to welcome Xxentria to Tennessee, which will be home to its first facility in the U.S. This significant investment will create valuable jobs, boost our local economy and further establish our community as a manufacturing hub. We wish Xxentria a long and prosperous future.” – Sen. Joey Hensley (R-Hohenwald)
“I am proud to welcome Xxentria to Mount Pleasant. This new facility in the Cherry Glen Industrial Park represents a significant investment in our community that will bring more jobs and economic prosperity to Maury County. I congratulate the company on this exciting announcement and wish it continued success moving forward.” – Rep. Kip Capley (R-Summertown)
About the Tennessee Department of Economic and Community Development
The Tennessee Department of Economic and Community Development’s mission is to develop strategies that help make Tennessee the No. 1 location in the Southeast for high quality jobs. To grow and strengthen Tennessee, the department seeks to attract new corporate investment to the state and works with Tennessee companies to facilitate expansion and economic growth. Find us on the web: tnecd.com. Follow us on Twitter, Instagram and LinkedIn. Like us on Facebook. Subscribe to our YouTubechannel.
TNECD Media Contact
Lindsey Tipton
Public Information Officer
(615) 339-6608
[email protected]
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