This follows their $12m investment in 2010/2011 to build a state-of-the-art research and development center designed to solidify Fiberweb’s position as a global leader in materials technology and a 2009/2010 investment of $25m to construct an onsite shale-gas powered utility plant, placing the company’s four-year investment in the site at over $50m.
Fiberweb will celebrate this expansion with a groundbreaking ceremony on May 17, 2013, at 1 pm central, held at 70 Old Hickory Blvd., Old Hickory, TN, where Fiberweb executives will share information about the company’s plans for growth. A reception will follow the groundbreaking.
The company will also show its appreciation to its employees, their families and guests from neighboring businesses, with an on-site carnival taking place Friday, May 17th and Saturday, May 18th.
“This $15-million capital project strengthens Fiberweb’s position as a global leader in development and manufacture of high-tech materials, and demonstrates our commitment to doing this in Middle Tennessee.” said Gary Dies, Vice President Operations.
“The manufacturing industry plays a vital role in the economic development of Tennessee, contributing more than 360,000 jobs to communities throughout the state. Fiberweb is proud of the part we play in the overall economic health of the communities in which we live and work.”
“I want to thank Fiberweb for its investment, and I appreciate the company’s continued commitment to our state,” Tennessee Gov. Bill Haslam said. “Expanding businesses already located in Tennessee is critical to growing our state’s economy and helping us reach our goal of becoming the No. 1 state in the Southeast for high quality jobs.”
The two-year expansion project will include the construction of a new 300,000-square-foot warehouse and distribution center. This will concentrate all operations into one location, streamlining processes, and reducing the company’s carbon footprint.
Fiberweb’s operations in Old Hickory include a state-of-the-art Research and Development Center and the manufacturing of high-performance technical fabric products, such as water filtration fabric, breathable membranes for homebuilding, geotextiles and home care products.