Sam Dong to Open 2nd Manufacturing Plant in Rogersville, TN
Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty joined with representatives from Sam Dong, Inc. this week to announce the companyâ€™s decision to locate a second manufacturing facility in Rogersville, Tenn. Sam Dong, Inc. will invest $2.8 million over the next three years and create 85 production and maintenance jobs.
â€śOur Jobs4TN strategy focuses on expanding existing Tennessee businesses, because our research has shown the overwhelming majority of jobs created in our state come from businesses already here,â€ť Haslam said. â€śWhen an existing Tennessee company chooses to expand right where it is, we know we have the right strategies in place, and we will continue to work towards our goal of making Tennessee the No. 1 location in the Southeast for high quality jobs.â€ť
â€śExisting industry is the backbone of our stateâ€™s economy and the core driver of new job growth,â€ť Hagerty said. â€śGovernor Haslamâ€™s Jobs4TN plan recognizes this, and we are seeing solid results with our renewed focus on Tennessee companies. I congratulate Sam Dong, Inc. on its expansion in Rogersville and thank them for the additional jobs they are contributing to our stateâ€™s economy.â€ť
Sam Dong, Inc. produces specialty magnet copper wiring products used in the production of transformers, motors and generators. The companyâ€™s second Rogersville facility will be located at 303 Thorpeâ€™s Chapel Road. Opening in 2008, the existing Rogersville facility currently employs 207 people and is the companyâ€™s first U.S. facility. Founded in 1977 and headquartered in Eumseong, South Korea, Sam Dong, Inc. has three South Korean facilities and two in the U.S.
â€śWith increasing customer demand as well as an overall increased market share in the North American market, Rogersville was the obvious choice for our expansion,â€ť Sun Gi Park, vice president and general manager, Sam Dong, Inc., said. â€śWe will relocate two departments to the new facility and expect the project to be complete by the end of the year.â€ť
â€śSam Dong, Inc. has continued to grow and expand since day one in Rogersville,â€ť Lynn Lawson, Industrial Developer for Hawkins County, said. â€śWe appreciate the companyâ€™s long term commitment to our community and to the citizens of Hawkins County.â€ť
â€śThis is a substantial commitment by Sam Dong, Inc., and we are thrilled that the company has decided to continue to make Rogersville its home,â€ť Larry Elkins, chairman, Hawkins County Industrial Development Board, said. â€śThis speaks volumes for our solid business environment and high quality workforce here in Hawkins County.â€ť