Xxentria Technology has announced plans to open a new metal composite production facility in Mt. Pleasant, Tennessee. The company, which specializes in the production of metal composite material, will invest $45 million into the project, which is expected to generate 85 new jobs for the area. Xxentria says that the new facility will serve the automotive industry with the composite panels used to manufacture truck and trailer bodies. The new plant will feature two lines for lamination and one line for fabrication.
In a recent quote, Howard Cheng, CEO, Xxentria Technology Materials Co., Ltd., said, “The State of Tennessee has a pro-business climate and is aggressively attracting international manufacturing companies like ours. Establishing a manufacturing operation in Tennessee will allow us to better collaborate and serve our valued customers throughout North America while demonstrating that Taiwanese innovation has a home in the southeastern U.S.”
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.