Officials broke ground Wednesday afternoon, Nov. 29, on the much-anticipated plant expansion of Denso Manufacturing Tennessee on a 55-acre site off Middlesettlements Road in Blount County.
Matt Kisber, Tennessee Commissioner of Economic and Community Development, Masahiko "Mack" Hattori, president of Denso Manufacturing Tennessee and a host of county, city and state officials gathered at the construction site to celebrate the groundbreaking of the $185 million project.
When completed, the new electronics division is expected to create up to 500 new jobs in Blount County by 2010.
The plant will produce keyless-entry transmitters, radio frequency receivers and electronic control units for cars.
To bring the expansion to Blount County, the state offered about $8 million in incentives, including site preparation costs, job training and job tax credits. Blount County kicked in $4.4 million in property tax forgiveness over six years and sold Denso 59 acres of property for a token $1 sale price. TVA offered incentives of up to $3.3 million.
To watch a 4 minute video of the events, go to www.BlountToday.com.
Photos of the event are by Leslie Karnowski.