NASHVILLE (WATE) – HTS International Corporation announced Thursday that it will be bringing its global headquarters and creating a new U.S. manufacturing facility in Knox County.
The company plans to create 200 jobs within the next four years. The company’s first U.S. facility will be in the Pellissippi Corporate Center.
Its Knox County facility will be built starting in early 2017. The company plans to have a R&D lab, metallurgical lab and industrial metal additive manufacturing equipment in the facility. The facility will have 10,000 square feet of office space and have around 50,000-60,000 square feet for R&D and production.
“Our core mission for our U.S. operations is making U.S. manufacturers more efficient and competitive on a global scale,” HTS International CEO William Sames said. “East Tennessee is very central and close to the manufacturers we supply. With the increasing automotive presence in the Southeast, we see the Knoxville area as a strategic location for our engineering services.”
The company creates “engineered thermal management solutions for tooling components in the injection molding and die casting industries.” Some of HTS’ customers include: automotive suppliers, OEMs and others.
“A global company can choose to establish its headquarters anywhere in the world. HTS International’s decision to establish its first U.S. manufacturing facility in Knox County underscores our skilled workforce and the hub of advanced manufacturing activity in Tennessee,” said Gov. Bill Haslam. “Thanks to HTS International for investing in our state and bringing us another step closer to making Tennessee the No. 1 location in the Southeast for high quality jobs.”
“Knox County is extremely lucky for HTS International to locate its headquarters, research and development and manufacturing operations in the Pellissippi Corporate Center,” Knox County Mayor Tim Burchett said. “This again stresses the importance of having a ready-to-go business park land so Knox County has a place for next generation technology companies like HTS International. The STEM-rich technology jobs that HTS International will create will provide a better quality of life for our neighbors and for that, I’m grateful.”