- Coil manufacturing company will create 75 jobs over next five years
- Direct Coil will invest more than $14 million to renovate and retrofit facility in Fayetteville
NASHVILLE, Tenn. – Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Bob Rolfe and Direct Coil officials announced today that the company will establish its first U.S. manufacturing facility in Fayetteville.
The company will invest $14.4 million and create 75 jobs in Lincoln County over the next five years.
This will be Direct Coil’s first manufacturing facility outside of its headquarters in Ontario, Canada. The company will renovate an existing facility at 1810 Wilson Parkway and plans to replicate its Canadian business model and processes in Fayetteville.
Direct Coil supplies the North American market with innovative heating and cooling solutions. It specializes in industrial heating and cooling coils for a variety of heating ventilation air conditioning and refrigeration (HVACR) applications such as furnaces, air conditioning units, and other equipment involving air movement.
Since 2015, TNECD has supported 77 economic development projects in Southern Middle Tennessee, resulting in approximately 10,800 job commitments and $4.2 billion in capital investment.
QUOTES
“We are pleased to welcome Direct Coil to Tennessee. Their new operations in Lincoln County will create 75 quality jobs and support economic activity growth in rural Tennessee.” – Gov. Bill Lee
“We are proud that Direct Coil has chosen Tennessee for its first manufacturing facility outside of Canada. Tennessee has established resources and business-friendly initiatives that make our state an ideal location for foreign direct investment. Direct Coil joins more than 1,000 foreign-owned businesses that call Tennessee home, and we thank the company for its investment in Fayetteville.” – TNECD Commissioner Bob Rolfe
“Our company’s goal has and always will be, to succeed in the marketplace through exceptional customer service, commitment to quality, competitive pricing and on-time shipments. Direct Coil is excited to be expanding its manufacturing footprint within the USA. We are proud to be included in the Tennessee manufacturing community as well as joining the Lincoln County industrial family. We look forward to being a part of this welcoming and thriving community and look forward to working together for many years.” – Pat Occhicone, President and CEO, Direct Coil
“The Board of Mayor and Alderman welcome Pat Occhicone and Direct Coil to Fayetteville, TN. We welcome this new business opportunity to help with our local job sector needs and wish Direct Coil success as they develop their business footprint in this region of the United States.” – Fayetteville Mayor Michael Whisenant
“We are looking forward to Direct Coil joining our family of Lincoln County industries and businesses. I would like to thank the Industrial Development Board for working so hard to provide not only Direct Coil the help they needed but the support they give all our industries and prospects.” – Lincoln County Mayor Bill Newman
“TVA and Fayetteville Public Utilities congratulate Direct Coil on its decision to locate in Lincoln County. Helping to foster new job creation and investment in the Valley is fundamental to TVA’s mission of service. We are proud to partner with Fayetteville-Lincoln County Industrial Board, Middle Tennessee Industrial Development Association, and Tennessee Department of Economic and Community Development to help further that mission and support Direct Coil’s future business success.” – John Bradley, TVA Senior Vice President of Economic Development
“We are pleased to welcome this growing company to Fayetteville. Lincoln County offers a strong workforce and business friendly environment which will serve Direct Coil well as they are expanding operations. Thank you to Governor Lee, Commissioner Rolfe and local officials who worked to secure these 75 jobs for our community.” – Sen. Shane Reeves (R-Murfreesboro)
“Direct Coil’s strong investment in our community is tremendous news for our citizens. I was honored to partner with Senator Reeves, Governor Lee, our Department of Economic and Community Development and officials with Direct Coil to help secure these high-quality jobs. I will continue to fight for new resources to support our local leaders in their ongoing efforts to attract and retain new businesses — both in our community and across this state.” – Speaker Pro Tempore Pat Marsh (R-Shelbyville)
TNECD Media Contact
Molly Hair, Public Information Officer
(615) 878-0063
[email protected]
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 and Instagram: @tnecd. Like us on Facebook: facebook.com/tnecd.
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