INTOCAST invests $15 million to build first U.S. manufacturing plant in Tennessee
INTOCAST has announced plans to establish its first U.S. operations in Huntingdon, Tennessee. The company, which manufactures and markets refractory products, will invest $15 million to build the new class factory, generating 103 new jobs in the process. The plant will produce magnesia-carbon (MgO-C) refractories and materials to support INTOCAST’s U.S. market. Construction is expected to begin later this year.
In a recent quote, INTOCAST AG CEO Matthias Normann said, “We are not just building a new plant; we are forging a new chapter for INTOCAST in American steelmaking. Our new American mega class factory will not only provide our customers with access to the highest quality refractories and on-site services available but will also bring jobs and economic growth to the region.”
Gov. Bill Lee added, “What happens in rural Tennessee matters to all of Tennessee, and I am grateful to announce 100 new jobs in Huntingdon. I thank INTOCAST for their commitment to creating greater opportunity and a better quality of life for the Tennesseans across Carroll County.”
Investing in American Manufacturing - 2024
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