(The Center Square) — Silicon metal producer Sinova Global will invest $150 million in Tennessee to open a metals refining plant in Tiptonville, state and company officials said.
The investment by Canadian company Sinova Global is expected to create 140 jobs in Lake County.
“The tremendous support we received from all levels of government was a significant factor in our decision to choose Tiptonville as the site for our new state-of-the-art silicon metal plant,” said Jayson Tymko, CEO of Sinova Global. “Tennessee’s attractive business environment, integrated supply chain, skilled workforce and favorable regulations mean we can rapidly expand our operations to supply the growing markets for energy storage, solar, aluminum and electric vehicles. We look forward to growing alongside the community as we create an essential building block needed for the clean energy transition.
Sinova Global’s facility will be adjacent to the port of Cates Landing, which will facilitate direct access to Sinova’s 100% owned quartz deposit in Golden, British Columbia, according to a Tennessee press release. Sinova Global will manufacture silicon anode batteries, solar cells, semiconductors and aluminum at the Tiptonville plant.
“All of Tennessee succeeds when rural Tennessee succeeds, and this project will be transformational for Lake County,” Governor Bill Lee said. “I thank Sinova Global for choosing to invest in Tennessee and establish its first manufacturing operations here.”
West Star Aviation: The aircraft maintenance, repair and overhaul company will invest $17 million to expand at Chattanooga Metropolitan Airport. The investment is expected to create 100 jobs in Hamilton County. The company established its operations in Chattanooga six years ago.
Nashville Box: The corrugated box maker will invest $3.3 million to establish operations in Lebanon. The investment is expected to create 48 jobs in Wilson County.
Granite and marble from Anatolia: The countertop manufacturer will invest $567,000 to expand into Baxter. The investment is expected to create 40 jobs in Putnam County.
Preservation of old southern wood: The wood treatment company will invest more than $5 million to establish itself in Summertown. The investment is expected to create 35 jobs in Lawrence County.
Gutter glove: The stainless steel gutter guard maker will invest $720,800 to relocate its headquarters from Roseville, Calif., to Franklin. The investment is expected to create 20 jobs in Williamson County.