KNOXVILLE — Automotive tools retailer Hicks Plastics expects to emanate 202 new internal jobs with a $10.4 million enlargement of a West Knoxville prolongation plant, according to a Tuesday announcement.
The Michigan-based company, that produces automotive lighting components, is expanding a Knoxville operations to be closer to SL Tennessee, that manufactures car conduct lamps and tail lamps.
“We commend that companies have a lot of choices when it comes to doing business and we work tough each day to emanate a kind of sourroundings that encourages growth, permitting us to continue a efforts to turn a No. 1 plcae in a Southeast for high peculiarity jobs,” Gov. Bill Haslam pronounced in a news recover Tuesday.
The proclamation followed a unanimous opinion by Knoxville City Council members Tuesday night to approve a remuneration in lieu of taxes inducement devise that should give Hicks about $350,000 in taxation breaks over 5 years on a $8 million a association skeleton to spend on equipment.
The stretched Knoxville plant, located during 1821 Midpark Road, will furnish lighting components essentially for several GM vehicles, according to a release.
The association expects internal prolongation to start in July, with a entirely operational plant by December.