Stella-Jones Corporation announced April 28 that it would build a new $45 million steel lattice tower factory in Fayetteville, Tennessee. The Lincoln County site, Stella-Jones Corp.’s first in the U.S., will employ an estimated 230 employees once fully operational.
In a statement, Stella-Jones President and CEO Eric Vachon said the new site would increase the company's reach with U.S. utilities customers.
“We are truly pleased to announce Fayetteville as the home of our first U.S.-based steel structure manufacturing facility," Vachon said. "As we prepare the site, we look forward to building on our long-standing relationship with the state of Tennessee and to playing an active role in the broader community. We are grateful to soon call Fayetteville home as we continue to invest and focus to support the needs of our utility customers across the country.”
The state governor, Bill Lee, said in a statement that Stella-Jones' decision to build in Middle Tennessee demonstrated the state's key location as a hub for brands looking to establish themselves in the United States.
“Today’s announcement reinforces that Tennessee is not only leading the nation as the best state to do business but also as a top hub for global brands," Lee said. "We’re proud that Stella-Jones is expanding into Middle Tennessee and look forward to seeing the opportunity these nearly 230 jobs will have on the families across Lincoln County for years to come.”
According to a release from the Tennessee Economic and Community Development, the Montreal, Quebec-headquartered construction company is the latest case of Canadian foreign direct investment in the state. Canadian companies have created 4,000 jobs in Tennessee since 2019, the TECD said.
About the Author
Ryan Secard
Ryan Secard joined Endeavor B2B in 2020 as a news editor for IndustryWeek. He currently contributes to IW, American Machinist, Foundry Management & Technology and Plant Services on breaking manufacturing news, new products, plant openings and closures, and labor issues in manufacturing.
