Current Shoals constructing (decrease left) with the brand new constructing throughout the road
Shoals Applied sciences will make investments $80 million to relocate and develop its current manufacturing and distribution operations in Tennessee. The corporate makes electrical steadiness of system merchandise for the photo voltaic and vitality storage markets, together with combiner packing containers, cabling, connectors and wire harnesses.
Shoals will relocate its manufacturing operations to a brand new 638,000-ft2 plant at 1500 Shoals Method in Portland, Tennessee. This transfer simply throughout the road will create roughly 550 new jobs over the following 5 years and produce the corporate’s complete headcount to 1,400.
“In the present day’s announcement marks a pivotal second for Shoals’ development, permitting us to boost effectivity, create jobs and contribute much more to the thriving financial panorama of Tennessee,” mentioned Brandon Moss, CEO, Shoals. “I’m immensely pleased with our devoted staff 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.”
Information merchandise from Shoals
