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Eastman Chemical Co. adding 300 jobs, spending $1.6 billion

Post Time:Jun 07,2013Classify:Industry NewsView:127

Eastman Chemical Co. will put $1.6 billion into an expansion in Kingsport that will create 300 jobs.The announcement came Wednesday from Eastman officials and Gov. Bill Haslam.  



Tennessee Gov. Bill Haslam, left, Eastman Chemical Company chairman and CEO Jim Rogers, center, and U.S. Sen. Lamar Alexander, R-Tenn., talk before announcing Project Inspire on Wednesday in Kingsport, Tenn.

Photo by Associated Press /Chattanooga Times Free Press.


The expansion is called Project Inspire. Eastman management said it will invest in new growth opportunities, safety and environmental projects, increased warehouse space, building renovations and expansion of its corporate campus in Kingsport.

The new jobs will be added over seven years.

"For nearly 100 years, Eastman has been crucial to the state's economy, growing into a global brand, and today's announcement means they will continue to grow right here where they started," Haslam said.

Eastman is the largest employer in northeast Tennessee with more than 7,000 employees in the region

Eastman Chairman and CEO Jim Rogers noted the project will conclude during the company's 100th year in Kingsport.

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Source: http://www.glassonweb.com/news/index/19296/Author:

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