- Automotive parts supplier to invest $54 million in metal stamping expansion
- Jackson to gain 80 new jobs through project
NASHVILLE, Tenn. – Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart McWhorter and Toyota Boshoku Tennessee, LLC (TBTN) officials announced today the company will invest $54.4 million to expand manufacturing operations at its metal stamping facility in Jackson, Tennessee.
TBTN will create 80 new jobs in Madison County as a result of the project.
The expansion will add an additional 87,000 square feet to TBTN’s existing Jackson facility, which will allow the company to consolidate its stamping operations to become a lower arm seat supplier while also supporting Toyota Boshoku America’s subsidiary locations.
Headquartered in Jackson, Tennessee, and one of Toyota Boshoku America’s subsidiary operations, Toyota Boshoku Tennessee, LLC specializes in metal stamping for the automotive industry. Upon completion of the project, TBTN will employ more than 600 Tennesseans.
Since 2019, TNECD has supported nearly 25 economic development projects in Madison County, resulting in approximately 1,600 job commitments and $1.1 billion in capital investment.
QUOTES
“Tennessee’s strong business climate and unmatched workforce continue to cement our state’s position as a leader in the automotive industry. I thank TBTN for its continued investment in Jackson and commitment to job creation across Southwest Tennessee.” – Gov. Bill Lee
“When a company chooses to expand in our state, it is not only a testament to Tennessee’s workforce and business climate, but also to the community that company calls home. Today’s announcement underscores that Jackson and Madison County have the right assets in place to continue facilitating TBTN’s growth and success.” – TNECD Commissioner Stuart McWhorter
“This marks another significant milestone for our company. This expansion will allow us to increase manufacturing for our high-quality metal seat frame components and will strengthen the local economy in adding new jobs. We are proud to be an employer of choice in Jackson.” – Masami Ito, president, Toyota Boshoku Tennessee, LLC
“TVA and Jackson Energy Authority congratulate TBTN on its decision to expand operations in Madison County. It’s always an exciting day when we can celebrate a company’s continued commitment to growth in the region. We are proud to partner with the Jackson Chamber, City of Jackson and the Tennessee Department of Economic and Community Development to support companies, like TBTN, and look forward to its continued business success in the Valley.” – John Bradley, TVA senior vice president of Economic Development
“I am very pleased that these jobs are coming to Madison County. This is a sizable investment. I congratulate Toyota Boshoku Tennessee, LLC and all our state and local officials who helped secure these jobs. We will continue to make job creation a top priority in the General Assembly by maintaining our business-friendly environment.” – Sen. Ed Jackson (R-Jackson)
“Businesses are thriving in Tennessee, and this expansion is further proof of that. With this additional investment in Jackson, TBTN will create even more jobs and economic opportunity in our community. I congratulate the company on this announcement and look forward to its continued success in Madison County.” – Rep. Chris Todd (R-Madison County)
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
Jennifer McEachern
Director of Communications and Marketing
(615) 336-2689
[email protected]
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