Love’s Travel Stops will invest $8.8 million and establish a tire retread and distribution facility in Milan, TN. The Oklahoma City-based company, which operates more than 490 locations and 330 Love’s Truck Tire Care centers and Speedco locations across the U.S., plans to create up to 80 jobs at the Milan facility.
“Purchasing this facility makes perfect sense for our commitment to be the industry leader in the tire retread space,” said Love’s General Manager of Retread Distribution Christopher Oberst. “The Milan area has a strong labor market, and it’s in a great location near several key interstates. We believe this facility will play a significant role in further strengthening our ability to deliver the best value to our customers.”
The new facility will be the largest of its kind for Love’s, totaling 200,000 square feet. Through Love’s Truck Tire Care and Speedco, the company offers heavy-duty tire care, light mechanical services, commercial truck oil changes and roadside assistance for professional drivers.
“I’m committed to making rural Tennessee a place where private industry invests and creates jobs,” said Governor Bill Lee. “This sizable investment by Love’s in Gibson County is an encouraging sign, and I look forward to the many ways these new jobs will strengthen the economy in Milan and improve the lives of our residents.”
“The expertise of our workforce, central location and robust infrastructure make Tennessee a thriving place for the distribution and logistics industry, which employs more than 218,000 Tennesseans,” said Tennessee Department of Economic and Community Development (TNECD) Commissioner Bob Rolfe. “Love’s new facility in Milan promises to inject quality jobs into Gibson County, and I look forward to a successful partnership with Love’s in the years ahead.”
Since 2015, TNECD has supported nine economic development projects in Gibson County. These projects represent nearly 2,400 job commitments and approximately $415 million in private capital investment.
“The announcement of Love’s new location in Milan is great news for both Milan and Gibson County,” said Gibson County Mayor Tom Witherspoon. “This announcement reflects the fact that Gibson County is a great location for industry to locate and expand. We are thankful Love’s has chosen Milan for its next tire retread and distribution center. We look forward to working with Love’s and appreciate its commitment to Milan and Gibson County.”
The project is contingent on approval of state and local incentives offered.
Relocating or Expanding Your Business In Tennessee
Considering Tennessee for your company’s relocation or expansion project? Check out Business Facilities’ Tennessee Incentives and Workforce Development Guide.