Tennessee Department of Economic and Community Development Commissioner Bill Hagerty along with officials from Teledyne Electronic Manufacturing Services (EMS) announced yesterday the company will expand its Lewisburg manufacturing facility to accommodate a new product line.
The expansion is a $9.78 million investment by the company and will create 96 new jobs at the Marshall County facility.
"Congratulations to Teledyne on the addition of a new product line to their already successful operations in Lewisburg," Hagerty said. "The jobs that advanced manufacturers like Teledyne provide are good, quality positions for Tennesseans and have been a focus of our recruitment strategy. I appreciate the company's confidence in our workforce."
Teledyne EMS designs, manufactures and services products for the aerospace, computer, government, industrial, medical and telecommunications markets. In Lewisburg, the company has supplied electronics to the defense and aerospace industries for more than 30 years and was recently awarded the opportunity to manufacture a high-tech micro-electronics line new to Tennessee.
"The exciting part about it is that it contains a whole range of new technologies that we don't currently perform here," Shane Green, vice president and general manager of Teledyne EMS of Lewisburg, said. "This will allow us to provide a broader range of products and services to the customer base.
"We feel like this is going to be a strong competitive position for us and enable growth of the business over time. To our knowledge, we will be unique in the area with hybrid manufacturing, chip and wire technology, and chip integration technology."
The Teledyne facility in the Lewisburg Industrial Park currently houses 170,000 square feet of temperature- and humidity-controlled space and may be expanded by an additional 25,000 square feet if needed.
"We wanted to show that it made good business sense to relocate the product line in Lewisburg and that Lewisburg and the entire Middle Tennessee region provide a great location for some of its highly-skilled workforce to relocate as well," said Greg Lowe, Lewisburg Director of Economic Development.
Teledyne anticipates the hiring of 60-70 new employees by the middle of 2013, with the remainder to follow over five years. Positions range from engineers and support services to operators, technicians and production.
About the Tennessee Department of Economic and Community Development
The Tennessee Department of Economic and Community Development's mission is to develop strategies which help make Tennessee the No. 1 location in the Southeast for high quality jobs. The department seeks to attract new corporate investment in Tennessee and works with Tennessee companies to facilitate expansion and economic growth. To find out more, go to www.tn.gov/ecd.