It’s one of the fastest growing cities in our state–Clarksville now ranks number five, behind Nashville, Memphis, Knoxville and Chattanooga, and evidence of the city’s growth on display Wednesday with the grand opening of the new LG Electronics washing machine plant.
“Seven different states competed for this project and ladies and gentleman, at the end of the day, they picked Clarksville, Montgomery County,” said Bob Rolfe, Commissioner of Economic and Community Development, Tennessee.
It’s a $360 million dollar, million-square-foot advanced washing machine factory, LG claims it’s the most advanced smart factory to date.
“The opening of the LG facility, 600 jobs, $250 million dollar investment, it’s really an important day for the state and really an important day for the community,” said Governor Bill Lee who attended the grand opening.
“I applaud the nearly 550 jobs already created and the promise and probability of more to come,” Clarksville Mayor Joe Pitts told the crowd, “But mostly, I’m thrilled by this awe-inspiring opportunity this great plant will create for a large number of our citizens, good deserving people who call our great city home.”
Governor Lee agreed, “Whenever you have economic development, the changes are good,” he said, “Wages go up, more employment, it benefits the entire community and that’s what’s gonna happen because of the opening of this plant.”
LG is just one of several Korean companies investing $1.5 billion dollars into the state in the last five years.
“We’re talking about companies from South Korea that are employing now about 2,000 Tennesseans right here,” Rolfe said.
“I think they came to Tennessee in part because we have… made a real strong effort toward workforce development,” Governor Lee said, “We’ve also created a business-friendly environment here in Tennessee with a tax structure and regulatory structure that’s inviting to companies, so we’re proud they came here, and we hope there’ll be more.”
The plant is expected to employ about 700 people by the time it is fully operating, working with the smart factory robots, they’re expected to generate a million machines a year.