The Wise Company, Inc. will expand its current facility in Savannah, TN, creating 74 new jobs over the next two years. The boat seat manufacturer plans to expand the Hardin County facility by adding approximately 75,000 square feet of production and warehouse space.
The expansion will allow the Wise Company to merge its engineering and prototyping operations into one facility. Construction on the new building will begin in 2017. It is expected to be operational by early 2018.
“We are proud to expand our operations in the great state of Tennessee and appreciate the support the Wise Company has received from the Tennessee Department of Economic and Community Development (TNECD) in order to make this transition possible,” said Wise Company President Mike Monroe. “We believe that bringing these jobs closer to home will allow us to manage our growth more effectively and we are confident that our team of employees in Savannah will make this a success.”
Headquartered in Memphis, the Wise Company manufactures boat seating and interiors, supplying both the OEM and aftermarket marine industry. Additional industries served by the Wise Company include ambulance, forklifts, lawn and garden equipment, golf carts and other equipment for customers worldwide.
“While you hear about manufacturing jobs heading overseas, the manufacturing industry in Tennessee is thriving,” said TNECD Commissioner Randy Boyd. “Employment in Tennessee’s manufacturing sector has grown by over 15 percent since 2010, more than double the national growth rate. The Wise Company and other manufacturers want to do business in a place that supports innovation, values craftsmanship and provides a skilled pipeline of future talent. We offer those things in Tennessee and I’d like to thank the Wise Company for its decision to expand and create more meaningful jobs for Hardin County residents.”
“Savannah recognizes that our job growth depends on tourism, new business startups, and as with the Wise Company, the expansion of an existing business,” said Savannah Mayor Bob Shutt. “When a great company with a long local history like the Wise Company makes the decision to expand here at home, I feel especially proud for both the new jobs and the confidence that the Wise Company is placing in our community.”
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