• Infrastructure company, through its steel pole and utility structures solutions, to expand in
    Southeast Tennessee, investing more than $6 million in Marion County

NASHVILLE, Tenn. – Tennessee Gov. Bill Lee, Department of Economic and Community
Development Commissioner Stuart C. McWhorter and Valmont Industries, Inc. officials
announced today the company will expand its Marion County operations by investing more than
$6 million to increase production of vital infrastructure.

Through the expansion, Valmont will create 80 new jobs, including highly technical positions
requiring nationally recognized certifications and entry-level positions requiring workforce
development training.

Valmont’s location in Jasper employs 270 Tennesseans and is an important supplier of steel
poles and structures to utility and transportation markets nationwide. Through this project, the
company will be able to meet the ever-growing demand of the area in replacing aging
infrastructure and building more climate resilience.

Established in 1946, Valmont has been a global leader in creating vital infrastructure and
advancing agricultural productivity. Today, the company remains committed to doing more with
less while driving innovation through technology. Valmont’s portfolio of products serve
infrastructure markets within lighting and transportation, utility, telecom, solar and agriculture
markets through its center pivot irrigation equipment. The company also provides coatings
services to protect the life of steel structures.

Since 2020, TNECD has supported nearly 40 economic development projects in Southeast
Tennessee resulting in more than 5,600 job commitments and $2.6 billion in capital investment.

QUOTES
“Tennessee’s pro-business climate, talented workforce and quality of life attract and retain
companies like Valmont Industries. I thank Valmont for their commitment to bringing 80 new,
high-quality jobs to Marion County and look forward to seeing families thrive as a result.” – Gov.
Bill Lee

“As we continue to cultivate opportunities for economic growth and innovation across
Tennessee, we are thrilled to announce the expansion of Valmont in Jasper. This company
employs more than 11,000 people in 21 countries around the globe, and by choosing to expand
in Marion County, it shows that the state is the premier destination for innovative industries to
thrive. We look forward to the continued partnership with Valmont as we work together to create
more opportunity for Tennesseans in Marion County.” – TNECD Commissioner Stuart C.
McWhorter

“Valmont’s commitment extends beyond expansion; it involves investing $6 million into the
future of manufacturing, into communities where we live and work, and investing into the
progress of improving everyday life. By fueling the growth of our Tennessee operations, driving
customer-focused innovation and nurturing workforce development, we’re not just growing our
footprint; together with our valued partners, we’re building opportunities that are sustainable for
generations to come.” – Bruce Bacon, senior plant manager, Valmont Industries, Inc.

“Marion County’s location, value and workforce make it a leader in job growth for Tennessee.
We are excited by Valmont’s decision to grow its operations in Marion County and wish them
every success as they move forward.” – Sen. Todd Gardenhire (R-Chattanooga)

“Valmont has had a tremendous impact on our community, and I am honored they recognize the
benefits of doing business in Tennessee. I congratulate the company on their success and
thank them for this significant investment, which will greatly benefit Marion County’s economy.”
– Rep. Iris Rudder (R-Winchester)

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 YouTube channel.

TNECD Media Contacts
Baylee Vrtiska
Communications & Marketing Coordinator
(615) 308-0527
[email protected]

Chris O’Brien
Public Information Officer
(615) 934-5879
[email protected]

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