Nippon Paint (USA) will invest approximately $60 million to establish a facility in Chattanooga, TN. The company will create 150 jobs in Hamilton County over the next five to seven years.
“The new manufacturing facility in Chattanooga is a key component of our strategic expansion plans for the Americas,” said Tetsuro Fujita, CEO of Nippon Paint (USA) Inc. “Nippon Paint (USA) looks forward to bringing E-Coat production to the U.S. and expanding our paint and coating product offerings to our valuable automotive customers in the U.S., Canada and Mexico. We look forward to this great opportunity to partner with the people and resources of Hamilton County and the great State of Tennessee.”
The company will construct a 270,000-square-foot LEED certified facility in Chattanooga that is expected to leverage some of the most advanced technologies available to optimize productivity and sustainability. Nippon Paint (USA)’s new Tennessee plant will produce automotive E-Coat and topcoat. The facility will be the first of Nippon Paint’s U.S. plants to manufacturer E-Coat for its customers in the U.S., Canada and Mexico. Construction is expected to begin in January 2020.
“Nippon Paint is a welcome addition to the many great companies that call Tennessee home,” said Gov. Bill Lee. “Tennessee is a perfect place for international businesses to operate, and the creation of 150 quality job opportunities is terrific news for the Chattanooga community.”
A wholly-owned subsidiary of Japan-based Nippon Paint Holdings Co., Ltd., the world’s fourth largest paint and coatings manufacturer, Nippon Paint (USA) Inc. and its subsidiaries manufacture and distribute paints and coatings for the architectural, automotive and industrial coatings markets.
“Tennessee has a strong relationship with Japanese companies, and more than 51,500 Tennesseans work at nearly 200 Japanese-owned businesses throughout the state,” said Tennessee Department of Economic and Community Development (TNECD) Commissioner Bob Rolfe. “Nippon Paint’s significant investment in Chattanooga underscores the fantastic environment for job creation we’ve fostered in Tennessee.”
Since 2015, TNECD has supported 43 economic development projects in Hamilton County, resulting in 6,513 job commitments and nearly $1.58 billion in capital investment.
