![]() ![]() Right now in West Tennessee, construction continues on Ford's Blue Oval City, which will manufacture an all-electric version of the F-150. Tennessee is quickly becoming a leader when it comes to electric vehicle manufacturing. ![]() "Absolutely EV is in our future, it’s going to continue to grow and thrive," said Hopkins. ![]() If everything goes according to plan, in just a few years, the once-quiet farmland will be helping Americans rev their engines. "They know what the capital investment and the job numbers need to stay at, so they’re already committed to us on that as well as the state," she said. While she didn't give specifics, Hopkins said there are clawback provisions to make sure LG Chem holds up its end of the deal. "They’re creating a wonderful pipeline with their engineering programs that we know will be able to fulfill a lot of those positions," said Hopkins. They'll also turn to nearby Austin Peay State University to help train some of the local workforce. "This really gives those soldiers that are transitioning out a place to land that isn’t just a job: it’s a career," she said. When the plant opens in 2025, LG Chem plans to have the starting pay at $25 an hour and nearly a fourth of the jobs will pay six figures. Clarksville Now ranks 403rd among News Other sites. We want you to be able to live, work, and play here, and I think this is definitely a step in the right direction for that," said Hopkins. 1 review Write a Review Ask a Question Corporate Values Overview Clarksville Now has a rating of 1 star from 1 review, indicating that most customers are generally dissatisfied with their purchases. "We want to be the whole 'quality of life' picture. It could be a big game changer for a growing Clarksville-Montgomery County region that has sometimes struggled to retain natives and retiring Fort Campbell soldiers rather than seeing them leave the area for higher-paying jobs. "I think we’ll continue to see looks because of this project," she said. Hopkins was one of the many in the boardroom hammering out a deal. "We knew we were all in to try to win this project pretty much from day one," said Hopkins. LG Chem actually picked the Montgomery area out of 20 different sites across the world, in part due to their close access to electricity and a railroad line near the property off of Guthrie Highway. "This will be enough material to power approximately 1.2 million high-performance electric vehicle batteries," said Hak Cheol Shin, CEO of LG Chem. Monday, the state of Tennessee announced that LG Chem, a South Korean sister company of LG Electronics, will invest $3 billion into building a cathode plant that makes key components of electric vehicle batteries. "Something this large is hard to keep under wraps." "We knew right away that this was something we wanted for this community," said Shea Hopkins, Executive Director of the Clarksville-Montgomery County Industrial Development Board. (WTVF) - Quietly, over the last seven months, a plan has been in the works to turn over a piece of land that was once a family farm and transform it into an opportunity to provide 850 high-paying jobs. LG’s smartphone departure allows OnePlus, Moto, and Nokia to win big in the U.S.CLARKSVILLE, Tenn. T-Mobile announces expanded 5G Home Internet access across southern U.S. LG’s newest pair of kitchen appliances integrate with ThinQ system ![]() astronaut returns home after record-breaking mission In other words, now’s the time to buy that new washer of your dreams - before costs out it out of reach. “We don’t want to see a repeat of what happened with Hemlock where they can’t open the plant.” In 2014, Hemlock Semiconductors abandoned plans for a $1.2 billion plant in the region over concerns with U.S.-China trade conditions.Īs construction proceeds, the tariffs are having an impact: LG anticipates the cost of machines to go up. “As a result of the trade situation, we will be initiating pricing actions, which will be sent under separate cover shortly,” LG executive Thomas Yoon said in a memo obtained by CNNMoney. “We’ve got to do whatever we can to make sure that LG is able to still open their facility and hire people,” Kim McMillan, the mayor of Clarksville, told Reuters. appliance giant Whirlpool, and some worry that raising the cost on imported LG machines may impact the company’s willingness to continue investing in the Tennessee plant. The Trump administration has imposed stiff tariffs on imported washing machines, at the behest of U.S. Appliances that don’t travel as far to reach store shelves may also carry lower price tags - some of the many reasons competitors such as Samsung are also opening plants in the U.S.īut U.S. rather than abroad in Mexico or Vietnam seems to make sense: such plants would rely on local parts and labor, bringing jobs to the region and fostering the economy. “We’ve got to do whatever we can to make sure that LG can open their facility and hire people.”Building machines in the U.S. ![]()
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