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Auto supplier plans $40 million expansion in Tennessee and more business news

Application for employment benefits form with computer keyboard and pen on white background. Unemployment rate has risen sharply in United States due to closed business caused by corona virus outbreak - stock photo unemployment tile jobs tile
Application for employment benefits form with computer keyboard and pen on white background. Unemployment rate has risen sharply in United States due to closed business caused by corona virus outbreak - stock photo unemployment tile jobs tile

Auto supplier expands its Tennessee plant

The automotive parts manufacturer Martinrea will expand its operations in Tennessee, investing $40 million and creating 97 new jobs at its Springfield location.

Through the expansion, Martinrea will upgrade its large presses, add additional robots and welding cells and add 30,000 square feet to its existing facility.

Martinrea is a diversified and global automotive supplier of lightweight structures and propulsion systems and currently operates in 57 locations in Canada, the United States, Mexico, Brazil, Germany, Slovakia, Spain, China, South Africa and Japan.

“We are excited to see the continued growth of the automotive industry in Tennessee,” said Pat D’Eramo, the company’s president and CEO.