Eagle Bend Manufacturing will expand its current operations in Clinton, TN, investing $54.9 million and creating 127 new jobs. The company produces major body structures and assemblies for the automotive industry. This expansion will allow the company to add a new building to its Anderson County facility, making room for additional equipment to meet demand.
Eagle Bend Manufacturing, a Tier 1 automotive parts supplier for cars and light truck OEMs (original equipment manufacturer), has been based in Clinton since it opened in 1987. This is the second expansion for the company in just over three years. In 2012, it announced a $64 million expansion plan and added 100,000 square feet to its facility. Along with this project, the company will create more than 300 new jobs in Tennessee.
“We want to thank Eagle Bend Manufacturing for choosing to reinvest in Tennessee and creating these new jobs in Anderson County,” said Tennessee Gov. Bill Haslam. “Tennessee continues to be a global leader in automotive manufacturing, thanks in large part to the strong network of suppliers located around the state, and today’s announcement supports our goal of becoming the No. 1 location in the Southeast for high quality jobs.”
“TVA and Clinton Utilities Board congratulate Eagle Bend Manufacturing on its latest plans to expand and create new jobs in Clinton, Tennessee,” said TVA Senior Vice President of Economic Development John Bradley. “It’s always an exciting day when an existing company is committed to continued growth in our communities, and we are pleased to partner with the state of Tennessee, Anderson County Economic Development Association, and the city of Clinton to celebrate this announcement.”
Eagle Bend Manufacturing is a division of Cosma International, an operating unit of Magna International Inc. Cosma is one of the world’s premier global automotive suppliers providing a comprehensive range of body, chassis and engineering solutions to OEM customers around the world.