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Posted: 7:24 AM Feb 3, 2012
Nearly $25 million investment brings dozens of jobs to Hamblen Co.
A Morristown auto parts manufacturer announced a $24.8 million investment that it says will create 67 new manufacturing jobs in the area.
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MORRISTOWN, Tenn. (WVLT) -- A Morristown auto parts manufacturer announced a $24.8 million investment that it says will create 67 new manufacturing jobs in the area. Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty were on hand with company representatives on Friday for the announcement.
"Established Tennessee companies such as OTICS USA, Inc. are the driving force behind all new job creation in Tennessee," Haslam said. “I appreciate the company's continued commitment to and investment in the Morristown community."
This latest growth spurt is the third for OTICS USA since the Japanese-firm opened its first transplant facility in Morristown in 2001.
“For over a decade, Morristown has been the perfect fit for OTICS Corporation’s first U.S. facility, OTICS USA, Inc.,” Charlotte Jennelle, general manager, general administration, OTICS USA, Inc., said. “We look forward to continually growing in Hamblen County and to many more successful years in Tennessee.”
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