Kordsa, Inc., a company that produces environmentally friendly products for the tire industry, will increase operations at its Chattanooga, Tennessee, facility. The $50 million investment will be used to expand the plant’s capacity to convert Nylon 66 yarn into tire cord fabric. Currently, the yarn is shipped to North Carolina where it is turned into tire cord fabric and then sold to tire manufacturers. The project will also create 200 new jobs.
In a recent quote, Kadir Toplu, COO of Kordsa, Inc ., said, “Kordsa Inc. is excited to announce that we are committed to providing growth opportunities at our Chattanooga facility. At Kordsa, we believe that our employees are our greatest strength, and we are proud of being able to create many new jobs in the future. Our Kordsa Facility wants to continue the development of our business and our community for generations to come. Not only do our products reinforce many important products, but our core values reinforce our commitment to providing the best quality products made by the best employees. Kordsa would like to express the most sincere thanks to the Tennessee Department of Economic and Community Development (TNECD) for assisting us with this project, which will create jobs and opportunities for our community. Tennessee - America at its Best.”
Investing in American Manufacturing - 2023
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.