| NASHVILLE – Tennessee Governor Phil Bredesen and Economic and Community Development Commissioner Matt Kisber announced today that SMW Automotive, a Tier 1 supplier of automotive chassis and suspension parts and subassemblies, will open a production facility in Shelbyville, Tenn. The 131,000 square foot Bedford County plant will represent a $26 million capital investment by the company and will create 170 jobs over five years.
“This announcement by SMW Automotive is a significant win for our state’s economy,” said Governor Bredesen. “I am very pleased to see this investment in our state by SMW Automotive, and I am confident our workforce will prove to be an asset for the company as it continues to grow.”
The Michigan-based SMW supplies safety-critical parts such as brake and chassis components for a broad range of vehicles manufactured by companies such as Nissan and Volkswagen. Other products designed and produced by SMW include steering knuckles, control arms, wheel hubs and brake corner assemblies. SMW has eight manufacturing plants in the US and other operations in Europe, South America and Asia. Its main engineering center is located in Troy and its validation laboratories in Warren, Michigan.
“Once again, the ripple effect from the presence of anchor companies like Nissan and Volkswagen has leveraged significant investment,” said Commissioner Kisber. “Tennessee’s strategy of identifying and securing business ‘anchors’ capable of generating follow-on investment like SMW Automotive means more high skill, good paying jobs are available for Tennesseans.”
“We are looking forward to launching this new plant close to our customers and suppliers. The Shelbyville area has a skilled, solid and reliable workforce, supported by the Tennessee Technology Center with CNC machining, metrology and assembly training programs,” said Tom Bane, director of manufacturing for SMW Automotive. “We have started our recruiting and training process. The plant will eventually employ 170 people based on awarded 2011-2012 business. The State of Tennessee and the Shelbyville-Bedford County Chamber of Commerce have provided invaluable assistance to help us get this plant up and running in a very short time. SMW will use its long experience of starting new plants to make this launch flawless.”
Applications for production positions at the new facility will be accepted immediately, and production is scheduled to get underway this fall. Interested parties should contact the Tennessee Career Center in Shelbyville, 301 North Main Street, 931.685.5000.
About the Tennessee Department of Economic and Community Development
The Tennessee Department of Economic and Community Development’s mission is to create higher skilled, better paying jobs for all Tennesseans. The department seeks to attract new corporate investment in Tennessee and works with Tennessee companies to facilitate expansion and economic growth. To find out more, go to www.tnecd.gov or www.investtennessee.org.
About SMW Automotive Corporation
SMW Automotive Corporation designs, assembles, produces, machines, validates, and supplies cast iron, aluminum, and forged steel automotive components. The company's products include steering knuckles, wheel carriers, spindles and stems, control arms, links, hub bearing and brake assemblies. It provides validation and testing services that comprise fatigue, module, and in-house bench testing; and failure analyses, materials evaluation, and development and mechanical testing services. The company serves automotive companies. It has locations in Batavia, New York, Port Huron and Warren, Michigan; and other operations in Europe, South America and Asia. The company is based in Troy, Michigan. |
Email
Print
Digg
Facebook
MySpace
StumbleUpon
Google
Yahoo!