Governor Lee, Commissioner McWhorter Announce Pace Industries, LLC to Expand Manufacturing Operations in Madison County

URLhttps://www.tn.gov/ecd/news/2023/1/31/--governor-l
SourceTN gov
Date Published01/31/2023
Author NameLindsey Tipton
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Pace Industries
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):49
Year reshoring announced:2023
Capital investment ($):2.8
City reshored to:Jackson
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredaluminum, zinc, magnesium die-casting
What domestic positive factors made reshoring more attractive?Eco-system synergies, Impact on domestic economy, Proximity to customers/market, Raw Materials Cost, Skilled workforce availability/training
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