A metal component manufacturer plans to expand operations at its plant in southwestern Henry County, bringing 23 new jobs to the area, according to a Tuesday announcement by the state.<\/p>\n\n\n\n
Gov. Bill Lee and Department of Economic and Community Development Commissioner Bob Rolfe announced Profile Metal Forming plans to invest $2.5 million in capital to expand its operations in the Henry County portion of McKenzie and create 23 jobs by 2025.<\/p>\n\n\n\n
To support this growth, the company will expand its operations at 370 Republic Drive off Highway 22 by nearly 7,000 square feet.<\/p>\n\n\n\n
The expansion will house a new 1,000-ton press line to increase the company\u2019s capabilities to meet new automotive market demands.<\/p>\n\n\n\n
The additional space and press line will allow the company to grow with its current customer base as well as focus on vertical integration.<\/p>\n\n\n\n
The expansion is expected to begin later this year and be completed in spring 2021.<\/p>\n\n\n\n
Profile Metal Forming, which opened its McKenzie division in 1987, manufactures custom engineered stamped metal components and assemblies for the automotive, appliance, materials handling, telecommunications and construction industries, including stamping, welding, punching, roll forming and bending. The company is privately owned and headquartered in New Hampshire.<\/p>\n\n\n\n
Norman French, chief financial officer for Profile Metal Forming, said the expansion would help to meet customer needs.<\/p>\n\n\n\n
\u201cThe automotive industry is consolidating, and Profile\u2019s customer base is reducing the number of suppliers that they partner with,\u201d he said. \u201cAs a result, Profile\u2019s $2.5 million investment in our Henry County facility will increase the plant\u2019s capabilities and capacity and allow us to meet our customers\u2019 needs.\u201d<\/p>\n\n\n\n
\u201cProfile Metals has been an asset to Henry County \u2026 providing good paying jobs to our residents,\u201d said Rob Goad, executive director of the Paris-Henry County Industrial Committee. \u201cThis expansion promises to add more than twenty new full time jobs and allow Profile to provide more services to its clients. Any time the Paris-Henry County Industrial Committee can assist our local companies\u2019 growth, we all reap the benefits.\u201d<\/p>\n\n\n\n
\u201cJob creation in rural communities remains a priority, especially during these unprecedented times,\u201d Lee said. \u201cI\u2019d like to thank Profile Metal Forming for its continued expansion in Henry County and the confidence it has in the workforce of Tennessee.\u201d<\/p>\n\n\n\n
\u201cTennessee is home to over 900 automotive suppliers, and we are proud to see Profile Metal Forming expanding in Henry County,\u201d Rolfe said. \u201cI look forward to seeing how the company\u2019s efforts for more vertical integration will pay off as it continues to grow its services.\u201d<\/p>\n\n\n\n
\u201cThis is great news for Henry County,\u201d said Bruce Griffey, 75th District state representative. \u201cI appreciate Profile Metal Forming for making this investment in our community with these new jobs. This commitment demonstrates that Henry County is open for business, and I thank our local leaders for their partnership in working to create new jobs for our citizens.\u201d<\/p>\n\n\n\n
John Stevens, state senator from the 24th Senatorial District, agreed.<\/p>\n\n\n\n
\u201cWe thank Profile Metal Forming for its continued confidence in Henry County and our dedicated workforce and look forward to the company\u2019s next chapter of growth here. Adding these new jobs will have a positive impact on our community. I also appreciate the work done by our local officials, Governor Lee, Commissioner Rolfe and the Department of Economic and Community Development in bringing new jobs and investment to our area. It is an honor to partner with them to protect our business friendly environment and to ensure we remain competitive to all companies looking to call us home.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
A metal component manufacturer plans to expand operations at its plant in southwestern Henry County, bringing 23 new jobs to the area, according to a Tuesday announcement by the state. Gov. Bill Lee and Department of Economic and Community Development Commissioner Bob Rolfe announced Profile Metal Forming plans to invest $2.5 million in capital to…<\/p>\n","protected":false},"author":25,"featured_media":13594,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[251,306,241,240],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/newsleaderonline.com\/wp-json\/wp\/v2\/posts\/13593"}],"collection":[{"href":"https:\/\/newsleaderonline.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsleaderonline.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsleaderonline.com\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/newsleaderonline.com\/wp-json\/wp\/v2\/comments?post=13593"}],"version-history":[{"count":0,"href":"https:\/\/newsleaderonline.com\/wp-json\/wp\/v2\/posts\/13593\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsleaderonline.com\/wp-json\/wp\/v2\/media\/13594"}],"wp:attachment":[{"href":"https:\/\/newsleaderonline.com\/wp-json\/wp\/v2\/media?parent=13593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsleaderonline.com\/wp-json\/wp\/v2\/categories?post=13593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsleaderonline.com\/wp-json\/wp\/v2\/tags?post=13593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}