Governor Lee, Commissioner McWhorter Announce Symmco Inc. to Locate in Hawkins County

·       Powdered metallic producer to broaden Pennsylvania-based operations to Northeast Tennessee

·       Symmco will make investments $13 million, create greater than 80 new jobs in Surgoinsville

SURGOINSVILLE, Tenn. – Tennessee Gov. Invoice Lee, Division of Financial and Neighborhood Growth Commissioner Stuart McWhorter and Symmco Inc. officers introduced at present the corporate will make investments $13.1 million to broaden and find new manufacturing operations in Tier 4, at-risk Hawkins County.  

Symmco will create 86 new jobs in Surgoinsville over the subsequent 5 years as the corporate locates in an present facility at 386 Phipps Bend Street. 

Symmco’s growth to Tennessee will place the producer to be geographically nearer to its largest shopper base whereas additionally permitting for elevated manufacturing capability, gross sales quantity and potential new partnerships with sub suppliers.  

Based in 1952, Symmco Inc. specializes within the manufacturing of powdered metallic for customer-engineered elements and inventory merchandise, which serve many industries together with garden and backyard, medical, energy transmission and others. Along with its manufacturing operations, Symmco additionally performs secondary machining and in-house device design. The corporate’s 86 new jobs will improve its complete variety of U.S. staff to almost 300. 

Since 2018, TNECD has supported almost 40 financial improvement initiatives within the Northeast Tennessee area, leading to greater than 3,500 job commitments and $1 billion in capital funding. 

QUOTES
“Tennessee’s robust enterprise local weather and expert workforce proceed to draw firms to each a part of the state, and our rural communities are not any exception. I thank Symmco for its resolution to put money into Hawkins County in order that Tennesseans throughout the area can thrive.” – Gov. Invoice Lee

“With greater than 2,600 manufacturing companies throughout the state, Tennessee is positioned to offer firms like Symmco with the instruments and assets wanted to succeed. We respect this firm’s funding in Northeast Tennessee and welcome Symmco to Surgoinsville.” – TNECD Commissioner Stuart McWhorter 

“I’m assured that Tennessee will probably be a fantastic place for Symmco to broaden. The cooperation of the state and native officers in addition to the event officers from TVA made our resolution to speculate right here straightforward. We’re excited to be one of many latest employers in Hawkins County and look ahead to a few years of mutual success.” – Frank Roberts, chairman of the board, Symmco, Inc.

“It has been my dream for a few years to broaden our enterprise to the southern states and be nearer to our main clients. This growth won’t solely convey jobs to the realm however new powder metallic press and furnace know-how. I’m excited to see this imaginative and prescient develop into actuality.” – Beth Krise, CEO and Pennsylvania president, Symmco, Inc. 

“As a grandson of Hawkins County, I’m proud to be part of this venture and to convey again expert jobs to the realm. Symmco has a various family-oriented and community-focused tradition. We’re excited to be part of the Surgoinsville group.” – Frank Freeman, COO and Tennessee president, Symmco, Inc. 

“I’m extraordinarily pleased to welcome Symmco to Hawkins County and Phipps Bend Industrial Park. These jobs will probably be welcomed by our great, extremely expert workforce that can meet and exceed the excessive requirements of an organization making the strongest and most sturdy powder metallic merchandise in the marketplace. They may also contribute tremendously to our continued financial progress. I’d prefer to thank NETWORKS Sullivan Partnership and the Hawkins County Industrial Growth Board and workers for bringing one other excellent business into our county.” – Hawkins County Mayor Jim Lee        

“TVA and Holston Electrical Cooperative congratulate Symmco on its resolution to find and create new jobs in Surgoinsville. Supporting firms like Symmco in creating jobs and funding within the area is prime to TVA’s mission of service. We’re proud to companion with Hawkins County Industrial Board, NETWORKS Sullivan Partnership and the Tennessee Division of Financial and Neighborhood Growth to additional that mission and have fun this announcement collectively.” – John Bradley, TVA senior vice chairman of Financial Growth 

“We’re excited Symmco is increasing its profitable operations to Hawkins County. This venture will strengthen the native economic system and supply job alternatives to 86 residents. We want Symmco an extended and affluent future.” – Sen. Frank Niceley (R-Strawberry Plains)

“I’m proud to welcome Symmco to Hawkins County. This funding reinforces our efforts to develop a talented workforce and pro-business local weather in Tennessee. I congratulate everybody who helped make this announcement attainable, and I look ahead to Symmco’s profitable future in Surgoinsville.” – Rep. Gary Hicks (R-Rogersville)

Concerning the Tennessee Division of Financial and Neighborhood Growth
The Tennessee Division of Financial and Neighborhood Growth’s mission is to develop methods that assist make Tennessee the No. 1 location within the Southeast for top of the range jobs. To develop and strengthen Tennessee, the division seeks to draw new company funding to the state and works with Tennessee firms to facilitate growth and financial progress. Discover us on the internet: tnecd.com. Comply with us on Twitter, Instagram and LinkedIn. Like us on Fb. Subscribe to our YouTube channel.

TNECD Media Contact
Lindsey Tipton
Public Data Officer
(615) 339-6608
Lindsey.Tipton@tn.gov

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