Featured Industry

Verstraete IML USA

Verstraete announced plans in October 2016 to locate its first US manufacturing facility in Clarksville.

 

In-mold labeling manufacturer Verstraete IML USA is investing $20 million in its first US facility, a project that will create 59 new jobs.

Tennessee Economic & Development Commissioner Randy Boyd says he appreciates Verstraete IML for seeing the advantages that Tennessee had to offer and choosing to locate its new facility in Clarksville. 

Verstraete IML will locate its new manufacturing facility to a 56,000 square foot building in Clarksville. The company plans on renovating and bringing in new equipment to the facility. Renovations are set to begin in October and will be completed by July 2017.

 “The decision to expand our production capacity with an international site is a huge step for our company,” Managing Director of Verstraete IML Managing Director Koen Verstraete said. “Going to North America will not only strengthen our position as global leader, but also gives us direct access to North America – the IML market with the best growth potential.”

 Verstraete IML is a prominent global leader in in-mold labelling. The company, formerly known Drukkerij Verstraete, specializes in printing labels on polypropylene, using an in-mold labeling technique where the label is placed in a mold which has the shape of the end product.

 “We are thrilled and honored to help facilitate new corporate investment and new jobs in Clarksville-Montgomery County,” Chairman of the Clarksville-Montgomery County Industrial Development Board Billy Atkins said. “Global interest in our community continues to expand because of the many attributes we offer – workforce supply, a central location, interstate/rail/river access, stable cost of doing business, and a growing community that is a good place to live and work.”

 “TVA and CDE Lightband congratulate Verstraete IML on this announcement,” TVA Senior Vice President of Economic Development John Bradley said. “We are proud to partner with Clarksville, Montgomery County Industrial Development Board, city of Clarksville and Montgomery County and Tennessee Department of Economic and Community Development to help further economic growth in the Valley.”

 

News

Tuesday, February 28, 2017

Tennessee Gov. Bill Haslam, the Department of Economic and Community Development and LG Electronics Inc. officials today announced the company will build a new home appliance manufacturing facility in Clarksville. The global manufacturer, with headquarters in South Korea, is a leader in appliances, electronics and mobile devices. LG will invest $250 million in the facility, creating at least 600 new jobs in Montgomery County. 

Thursday, December 15, 2016

The Clarksville metropolitan statistical area (MSA) ranked 19th in the nation for fastest job growth. A report released today from 24/7 Wall St., a Delaware-based financial news company, studied employment and job growth from October 2015 to October 2016 for 387 metro areas and announced the top 25 U.S. cities.

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