Lg plans to build a new plant in USA


More than 820,000 square foot for a new home appliances factory in Tennessee. This is the new project recently announced by Lg Electronics that should bring 600 full-time jobs to the area. According to the company, in 2019 the new plant will start with the production of washing machines but could expand with the manufacturing of other kind of appliances. «Lg is proud to make further investments in America, to create jobs and to bring state-of-the-art home appliance production technology to the great state of Tennessee – said Dan Song, president of the Lg Home Appliance and Air Solutions Company. – Over the past six years, Lg studied eight states for the location of this facility. Tennessee is the clear choice for Lg’s latest major investment in America, due to the state’s excellent business climate, quality workforce and central location for distribution to our U.S. customers.»
Under agreements with the State of Tennessee and Montgomery County, Lg will receive support for construction, infrastructure improvements, job training and veteran recruitment. The project also includes incentives from the Tennessee Valley Authority. The announcement of the new home appliance factory in Tennessee comes on the heels of the start of construction of the Lg North American Headquarters in Englewood Cliffs, N.J., where Lg broke ground earlier this month. That 300 million dollar project is expected to increase Lg’s local employment there from 500 today to more than 1,000 by 2019.