An auto components manufacturer plans to open a new facility in Portland creating 101 new jobs in January 2015.
Hatch Stamping Co. announced it will invest $17 million in an existing 106,000 square foot Robertson County facility. The Michigan-based company produces metal auto stampings, such as seat and fuel system components.
“Tennessee boasts a number of advantages that make our state stand at the forefront when business owners are considering expansion -- including our favorable central location and qualified, dedicated workforce,” Bill Hagerty, state community development commissioner, said in a release. “Our specialized automotive workforce is a significant competitive advantage for Tennessee, and I couldn’t be more pleased to see Hatch Stamping leverage this strength for our state. I appreciate the company’s decision to locate in Portland and wish them much continued success in the future.”
Hatch Stamping currently operates five manufacturing facilities in Michigan and one in Mexico.
"Expanding to the Southeastern U.S. was a logical business decision considering the expansion of the auto industry in that region," said Dan Craig, Hatch Stamping president and COO. "Hatch Stamping is now well-positioned to service our North American customers from several locations in Michigan, Portland, Tennessee, and Queretaro, Mexico."
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