Nakatetsu Machining Technologies, a tenant in the Washington County Industrial Park, announced Tuesday it would expand its Telford facility with a $6.3 million investment and 35 new manufacturing jobs.
“Since locating our facility in Washington County, Nakatetsu has enjoyed great success,” said Katsumi Okita, president of Nakatetsu Machining Technologies. “This success has allowed us to continue to grow and expand our production lines. We look forward to continued growth and appreciate the support of the community and the state in our endeavors.”
Nakatetsu is a manufacturer of tapered roller bearings for the automotive industry. This latest expansion will allow the company to operate two additional production lines, which are expected to be installed in January. The manufacturing facility is located at 234 Precision Blvd. and has been located in Telford since 2007. Since that time, the company has undergone two expansions, resulting in a 100,000-square-foot facility that currently employs 60.
Hiring for the new manufacturing positions is under way. Interested parties can apply directly at the Nakatetsu location or through the Northeast Tennessee Career Center, 2515 Wesley St.
“Gov. (Bill) Haslam’s Jobs4TN plan recognizes that the vast majority of new jobs created in the state come from expansions of existing Tennessee businesses, and that is where we’ve focused much of our economic development efforts and resources,” said Bill Hagerty, the state’s Economic and Community Development commissioner.
“I thank Nakatetsu for their continued investment and presence in Tennessee and the confidence the company has shown in our state and its citizens.”