Materials firm Teknor Apex Co. will spend more than $7 million to expand its plant and add 20 jobs in Brownsville, Tenn.
The expansion will include new machinery, according to an Oct. 7 news release from the Tennessee Department of Economic and Community Development (TNECD). The $7.4 million project also will expand the scope of products being made in Brownsville, where Teknor now employs 620.
"It is important for Teknor Apex to support the communities in which we operate," Paul Burke, global operations senior vice president, said in the release. "With the addition of resources, we will not only be able to better support our customers, but it also allows us to open up more career opportunities in the community."
Tennessee Gov. Bill Lee added that the investment from Teknor "is a testament to Tennessee's strong rural work force as our economy continues to recover."
Since 2015, TNECD has supported nearly 80 economic development projects in Southwest Tennessee, resulting in more than 5,100 job commitments and $1.2 billion in capital investment.
Pawtucket, R.I.-based Teknor makes compounds based on flexible and rigid PVC, thermoplastic elastomers and nylons and also makes color concentrates, specialty chemicals and garden hoses. The firm operates 13 plants worldwide in the U.S., Belgium, Germany, China and Singapore and has annual sales of more than $1 billion.