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Economic Development Update: SL Tennessee LLC

According to the Knoxville News Sentinel, Mayor Bill Haslam has announced that automotive parts manufacturer SL Tennessee LLC is investing $80.5 million and create 1,000 jobs in Anderson County. SL Tennessee LLC currently employs 750 workers in Clinton, TN, and the South Korean company is planning the addition of a 250,000 square foot building to it’s current facilities in Clinton.

“Tennessee has the greatest concentration of automotive industry employment in the South and with the addition of 1,000 new jobs from this announcement, we continue to build momentum,” Economic and Community Development Commissioner Bill Hagerty said in a news release.

“Once again, SL Tennessee is proud to announce that Clinton has been chosen as the newest site for expansion to help fulfill the global vision of SL Corporation,” SL America President Y.K. Woo said.

Blaine Construction Company of Knoxville will be completing this project with an estimated operational date of April 2015, and the construction company will be employing about 200-300 workers during the project.

What does SL Tennessee LLC do? According to the News Sentinel: “While it supplies gear shifters, parking brakes and lighting products primarily to General Motors, SL Tennessee was the first firm to win a contract from Volkswagen Group of America to supply parts to the VW plant in Chattanooga. The company also supplies parts to Hyundai.”

This is certainly an exciting development for East Tennessee, and we look forward to learning more about the growth of SL Tennessee LLC.

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