Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart C. McWhorter and Haven Steel Products, Inc. officials announced today the company will invest $6.5 million to expand its manufacturing operations in McKenzie, Tennessee.
Haven Steel will create 19 new jobs, increasing its total headcount in Henry County to more than 80.
Haven Steel will update its existing Tennessee facility to include three new furnaces, a cutting mill and a powder coat system to accommodate its growing customer demand and expand its overall client base.
Founded in 1968 and headquartered in Haven, Kansas, Haven Steel Products, Inc. fabricates and heat treats steel for the agricultural, construction and trailer industries. Today, the company operates two facilities Tennessee and Kansas.
Since 2019, TNECD has supported nearly 30 economic development projects in the Northwest Tennessee region, resulting in 2,575 job commitments and $606 million in capital investment.
“Northwest Tennessee is equipped with a skilled workforce that will provide ideal candidates for Haven Steel as they expand manufacturing operations. I thank them for their investment and look forward to the new opportunity this expansion brings to families across McKenzie and Henry County.” – Gov. Bill Lee
“At TNECD we strive to provide the companies that call Tennessee home with the tools and resources needed to grow and expand. I am proud that Haven Steel will continue to call the Volunteer State home and believe Henry County has the right business climate, central location and highly trained workforce to support Haven Steel’s success.” – TNECD Commissioner Stuart C. McWhorter
“Haven Steel is proud to announce the commitment to the people of Northwest Tennessee by creating new jobs and investing in new equipment. We are thankful for the business-friendly environment that Tennessee’s leadership has built and are committed to maintaining. We look forward to expanding our manufacturing capabilities in Tennessee.” – Ken Brown, owner and CEO, Haven Steel Products, Inc.
“We congratulate Haven Steel on the expansion of its successful operations in Henry County. This investment will create much-needed jobs, help propel the local economy and strengthen the manufacturing backbone of the region. We appreciate Haven Steel’s partnership and wish them continued success.” – Sen. John Stevens (R-Huntingdon)
“I am proud that Haven Steel has chosen to expand its operations in McKenzie. This investment will bring additional jobs and economic prosperity to our community. I congratulate the company on its success and look forward to its continued growth in Carroll County.” – Rep. Tandy Darby (R-Greenfield)
There are no comments
Please login to post comments