ALUKO Group invests $36.3M to build its first U.S. manufacturing plant in Tennessee
ALUKO Group has announced plans to locate its first U.S. manufacturing facility in Jackson, Tennessee. The company, which specializes in aluminum extrusion and nonferrous materials, will invest $36.3 million into the project, creating 55 new jobs in the process. According to the company, the new plant will produce aluminum battery casings for operations at Ford Motor Company’s BlueOval City.
What people are saying
In a recent quote, ALUKO Group Chairman Do-Bong Park said, “On behalf of the ALUKO Group, I am delighted to announce our strategic investment in Tennessee, which marks a significant milestone as we expand into the North American market. This partnership underscores our commitment to mutual growth and success, and we are deeply grateful for the invaluable support and collaboration of the Tennessee state government. We eagerly anticipate a thriving future for both the ALUKO Group and the state of Tennessee.”
Governor Bill Lee added, “The state with the strong workforce always wins, and Tennessee’s highly skilled workers are attracting companies from around the world. I welcome the ALUKO Group to the Volunteer State and thank them for their commitment to creating high-quality jobs for families in Madison County.”
Manufacturers investing in Tennessee
BlueOval SK receives $9.63B to build 3 battery manufacturing plants in Tennessee and Kentucky
The new facilities, which will be located in Tennessee and Kentucky, will produce batteries for Ford Motor Company’s future Ford and Lincoln EVs.
Petainer invests $10M to expand manufacturing operations in Tennessee
The expansion will more than double the company’s headcount statewide.
Metal manufacturer invests $8.5M to open production plant in Tennessee
The plant will support medium- to heavy-gauge steel fabrication, including steel plate burning, machining, shot blasting and flattening.
Investing in American manufacturing in 2025
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.