Where is Microvast Investing $220 Million For a New Facility?

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Microvast will soon be investing $220 million toward a new facility in Right to Work Clarksville, Tennessee. This will also create 287 new jobs as well! So this will be a great addition to the economy of Montgomery County. This also just goes to show how Right to Work states simply do better by attracting businesses and jobs.

From Area Development Magazine:

“Microvast is excited to expand our U.S. footprint in Clarkesville, Tennessee[. Here, we will h]ave access to a talented workforce and a business friendly community. We believe that expanding our operations in Tennessee will support our efforts to advance the electrification revolution.†[…]

“The electric vehicle industry is thriving in Tennessee. We are the number one state in the Southeast for electric vehicle manufacturing, accounting for nearly 40 percent of electric vehicle jobs and investment. We appreciate Microvast for choosing Tennessee and for adding to the momentum of Tennessee’s electric vehicle evolution.†[…]

“TVA and Cumberland Electric Membership Corporation congratulate Microvast on its decision to locate operations in Clarksville. Helping to attract quality jobs and investment from innovative companies, like Microvast, is at the core of TVA’s mission of service.†

AREA DEVELOPMENT MAGAZINE


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