TN: Schrader Electronics to Invest $10M, Expand Springfield Facility
31 Jan, 2013
Tennessee Department of Economic and Community Development Commissioner Bill Hagerty along with Schrader Electronics today announced the company will expand its Springfield, Tenn. facility, located at 101 Evergreen Drive. The expansion represents an investment of $10 million and the creation of 76 manufacturing jobs.
“Tennessee offers the automotive industry a strong, competitive advantage with its network of suppliers and manufacturers, skilled workforce and central location,” Hagerty said. “I congratulate Schrader Electronics on its continued success in Springfield and offer my sincere appreciation to the company for its confidence in our state’s business friendly climate.”
Schrader is a leading global manufacturer of sensing and valve solutions for automotive and industrial leaders, delivering solutions that protect and perform. Schrader is a pioneer in tire pressure monitoring systems (TPMS), a vehicle safety feature that is now standard on all cars and light trucks sold in North America and growing in use globally, and is the leading supplier of TPMS sensors, valves, tools and training worldwide. Schrader is also widely known as the inventor of the industry-standard pneumatic tire valve − the very same valve used on every motor vehicle in the world today.
“We are excited to be moving toward building all of our North American vehicle products here in Springfield,” Jared Smalley Jr., general manager, Schrader Electronics, said. “Thank you to state and local officials for their help on this expansion, and we look forward to continual success in Tennessee.”
“Schrader Electronics has been an important part of the Springfield and Robertson County industrial community for more than five years,” Margot Fosnes, president and chief economic development officer, Robertson County Chamber of Commerce, said. “Their decision to expand their operations in Springfield is a great endorsement of the Robertson County business climate and workforce. We look forward to working with their management team as they continue to grow.”
Interested applicants can apply in person at the Springfield facility.
About the Tennessee Department of Economic and Community Development
The Tennessee Department of Economic and Community Development’s mission is to develop strategies which help make Tennessee the No. 1 location in the Southeast for high quality jobs. The department seeks to attract new corporate investment in Tennessee and works with Tennessee companies to facilitate expansion and economic growth. Find us on the web: tn.gov/ecd. Follow us on Twitter: @tnecd. Like us on Facebook: facebook.com/tnecd.