An announcement Wednesday that Southtec in Lebanon plans to expand and create new jobs is yet another signal a turnaround in the economy has arrived.
And it comes at not a moment too soon.
The automotive parts manufacturer will invest $23.6 million to add onto its existing facility in Lebanon, as well as develop a new Lebanon property to create 210 new jobs.
Southtec is expanding due to volume increases attributed to businesses with original equipment manufacturers. The company produces stampings and welded assemblies for the automotive industry. Southtec currently operates in Lebanon with 315 employees. That facility will require an expansion of about 30,250 square feet to accommodate two new large automotive stamping presses and associated equipment and employees.
Additionally, Southtec will develop a new, but existing facility, in Lebanon. In total, the expansions are expected to bring Southtec’s total Tennessee employment to 525 employees, a 66-percent increase during the next three to four years.
Certainly Wednesday’s announcement is a welcome one where Lebanon and Wilson County are concerned. Where the economy is concerned, it’s another step in the right direction for our area. Already we have seen the additions of Starbucks Distribution Center and SOFTER manufacturing, along with scores of new businesses from west to east and all across Wilson County.
“I want to thank everyone who helped make this announcement possible, including the Tennessee Department of Economic and Community Development, the Tennessee Department of Labor and Workforce Development and the Tennessee Valley Authority,” said G.C. Hixson, executive director of the Joint Economic and Community Development Board of Wilson County.
The Southtec announcement is significant news to Lebanon and Wilson County. We welcome this announcement with open arms and couldn’t be more proud of the work they do in Lebanon. We also want to thank those in city and county government who helped make this announcement possible.
“I want to thank Southtec for their expansion plans and for their vote of confidence in the citizens of Lebanon, Tenn.,” Lebanon Mayor Philip Craighead said.
Most importantly we wish Southtec the best for many years to come.