Tri-City Extrusion, Inc. plans to invest $30.8 million to expand its manufacturing operations in Bristol, Tennessee. The expansion will enable the company to strengthen production, upgrade its equipment, and increase capacity.
The project includes the construction of a new 120,500 sq ft facility at the Bristol Business Park, a Select Tennessee Certified Site. The plant will house a brand new 14-inch, 5,550-ton press and adequate space for product distribution.
“When we considered a major expansion, one of the primary components was location, location, location,” said Fred Vermeer, president and CEO, Tri-City Extrusion. “Tri-City Extrusion searched the southern district of Virginia and the Tri-Cities area for the ideal site. We selected the Bristol Business Park, not only for the location, but because of the cooperation the City of Bristol, Bristol Essential Services, the Sullivan County and the State of Tennessee demonstrated during our search to bring more than 50 full time jobs to the area. This is a huge investment for Tri-City Extrusion, and we are gratified to have fantastic partners and employees to make this project a reality.”
Established in 1987, Tri-City Extrusion specializes in the production of precision aluminum extrusions in hollow and solid profiles for a variety of market applications. With the addition of 51 new positions at the new plant, the company will employ almost 200 people in Bristol.
The expansion project is receiving support form the Tennessee Department of Economic & Community Development (TNECD). In the last five years, the TNECD has supported 45 economic development projects in the Northeast Tennessee region, resulting in roughly 4,200 job commitments and $1.1 billion in capital investment.
“When a company like Tri-City Extrusion expands in Tennessee, it is not only a testament to our state’s ideal location and affordable cost of doing business, but also to the community the company calls home,” said Bob Rolfe, commissioner of the TNECD. “Bristol and Sullivan County have taken the steps needed to allow this company to grow and expand, and we look forward to seeing TCE continue to flourish.”