Automotive Original Parts Manufacturer to Create 72 Jobs, Invest $31 Million in Lawrence County
NASHVILLE – Tennessee Economic and Community Development Commissioner Bill Hagerty joined with company officials today to announce TPR Federal-Mogul Tennessee, Inc. will locate a manufacturing plant in Lawrence County. The Lawrenceburg facility, located at 201 Helton Drive, will serve the North American automobile manufacturing industry and create 72 jobs.
“We are excited to welcome TPR and Federal-Mogul to Tennessee, and I thank the companies for the investment they are making in Lawrence County and the jobs they are creating,” Hagerty said. “With Gov. Haslam’s leadership and business background, Tennessee’s reputation as a business-friendly state continues to strengthen. I am pleased companies like TPR continue to invest and grow here.”
TPR Federal-Mogul Tennessee is the third joint venture between TPR Co. LTD and the Federal-Mogul Corporation in the United States. The group also has operations in Minnesota and Wisconsin. The facility will produce cylinder liners for aluminum block engines and will house foundry, machining and warehousing functions. The facility is projected to begin operations in May of 2013.
“TPR is excited about the opportunity to grow its business and invest in Tennessee. We were attracted to the area due to the business friendly climate, skilled workforce, and proximity to our customers and suppliers. We have been impressed by the efforts of officials at the state, county, and city level. Their coordination and hard work were a major factor in our decision to choose this location,” TPR America said.
TPR America, Inc., the wholly owned subsidiary of TPR Co. LTD and controlling shareholder of the joint venture, is based in Schaumburg, Illinois and oversees North American operations. TPR manufactures a number of powertrain products for the automotive industry. Major parts include piston rings, cylinder liners, valve seats, and a number of aluminum, alloy, and resin products.
Federal-Mogul Corporation (NASDAQ:FDML) designs, engineers, manufactures and distributes technologies to improve fuel economy, reduce emissions and enhance vehicle safety. The company serves as the world’s foremost original equipment manufacturers of automotive, commercial, transport and industrial equipment, and the worldwide automotive aftermarket.