Tennessee Gov. Invoice Lee, Division of Financial and Neighborhood Improvement Commissioner Stuart C. McWhorter and Shoals Applied sciences Group have introduced the corporate will make investments $80 million over 5 years to increase its current manufacturing and distribution operations in Portland, Tennessee.
As a part of the enlargement, Shoals will relocate its manufacturing operations to a bigger close by plant.
“In the present day’s announcement marks a pivotal second for Shoals’ progress, permitting us to boost effectivity, create jobs and contribute much more to the thriving financial panorama of Tennessee,” says Brandon Moss, CEO of Shoals Applied sciences. “I’m immensely pleased with our devoted group for his or her dedication and success and am grateful to the State of Tennessee for his or her partnership in making this transformative transfer a actuality.”