![]() Right now in West Tennessee, construction continues on Ford's Blue Oval City, which will manufacture an all-electric version of the F-150. Tennessee is quickly becoming a leader when it comes to electric vehicle manufacturing. "Absolutely EV is in our future, it’s going to continue to grow and thrive," said Hopkins. If everything goes according to plan, in just a few years, the once-quiet farmland will be helping Americans rev their engines. "They know what the capital investment and the job numbers need to stay at, so they’re already committed to us on that as well as the state," she said. While she didn't give specifics, Hopkins said there are clawback provisions to make sure LG Chem holds up its end of the deal. "They’re creating a wonderful pipeline with their engineering programs that we know will be able to fulfill a lot of those positions," said Hopkins. ![]() They'll also turn to nearby Austin Peay State University to help train some of the local workforce. "This really gives those soldiers that are transitioning out a place to land that isn’t just a job: it’s a career," she said. American Freight is a discount retailer selling quality furniture, mattresses, and home appliances at every day low prices. When the plant opens in 2025, LG Chem plans to have the starting pay at $25 an hour and nearly a fourth of the jobs will pay six figures. We want you to be able to live, work, and play here, and I think this is definitely a step in the right direction for that," said Hopkins. "We want to be the whole 'quality of life' picture. It could be a big game changer for a growing Clarksville-Montgomery County region that has sometimes struggled to retain natives and retiring Fort Campbell soldiers rather than seeing them leave the area for higher-paying jobs. "I think we’ll continue to see looks because of this project," she said. Hopkins was one of the many in the boardroom hammering out a deal. "We knew we were all in to try to win this project pretty much from day one," said Hopkins. LG Chem actually picked the Montgomery area out of 20 different sites across the world, in part due to their close access to electricity and a railroad line near the property off of Guthrie Highway. "This will be enough material to power approximately 1.2 million high-performance electric vehicle batteries," said Hak Cheol Shin, CEO of LG Chem. Monday, the state of Tennessee announced that LG Chem, a South Korean sister company of LG Electronics, will invest $3 billion into building a cathode plant that makes key components of electric vehicle batteries. "Something this large is hard to keep under wraps." "We knew right away that this was something we wanted for this community," said Shea Hopkins, Executive Director of the Clarksville-Montgomery County Industrial Development Board. (WTVF) - Quietly, over the last seven months, a plan has been in the works to turn over a piece of land that was once a family farm and transform it into an opportunity to provide 850 high-paying jobs. The new plant would have brought an additional 700 to 800 jobs to Clarksville, in addition to the hundreds more already coming as a result of LG Chem, Amazon and others.CLARKSVILLE, Tenn. The expansion project, funded by the Department of Energy, will happen outside of Clarksville Montgomery County due to the utility demand and infrastructure costs associated with the new development,” said Josh Ward, director of Economic Development at the IDB.Ĭlarksville Now has reached out to Microvast for comment. ![]() “Microvast will continue to improve and expand at their current location off International Boulevard. While no reason was given to the IDB, officials noted that when grant dollars are awarded, there is usually a timeline attached. ![]() The Clarksville-Montgomery County Industrial Development Board told Clarksville Now this week that Clarksville was not selected for the Microvast plant. Microvast was among those selected, and the plan was to build a plant intended to supply 19 GWh of EV batteries to the current Clarksville plant and other domestic manufacturers. But now it seems that will not see fruition in Clarksville.Īccording to a previous news release, a total of 20 companies received a combined $2.8 billion to build and expand commercial-scale facilities in 12 states to extract and process lithium, graphite and other battery materials. There are plenty of great jobs in Clarksville-Montgomery County, with top manufacturers and employers like LG, Bridgestone, Florim USA, Hankook/AtlasBX. In October, the company received word of a $200 million federal grant to fund such a facility and initially said the facility would be built here. ![]() CLARKSVILLE, TN ( CLARKSVILLE NOW) – A second Microvast plant will not be coming to Clarksville after all. financial data for Lg Electronics U.S.A., Inc. ![]()
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