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Protomet’s $25 Million Investment Will Generate 250 Jobs

By Nithya Bose in Business News, posted April 15, 2024

Protomet Corporation will invest $25 million to expand its operations in East Tennessee, creating 250 new jobs.

Governor Bill Lee of Tennessee, alongside Department of Economic and Community Development Commissioner Stuart C. McWhorter, made the announcement.

The expansion involves acquiring and upgrading the former Albahealth building in Rockwood, where Protomet plans to establish new engineering and manufacturing facilities.

The new facility in Roane County will be a state-of-the-art site complementing Protomet’s existing manufacturing operations in nearby Loudon and Anderson counties.

Protomet Corporation, headquartered in Loudon, Tennessee, serves various industries, including the automotive, boating, and homeland security sectors.

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With this latest expansion, Protomet’s workforce in Tennessee will exceed 500 employees.

Gov Lee said: “Tennessee’s strong business climate is strengthened and shaped by companies like Protomet, and I am proud to take part in announcing this expansion.

“I thank Protomet for its commitment to the state’s skilled workforce and for creating greater opportunity across East Tennessee.”

These projects have generated around 9,000 job commitments and $2.6 billion in capital investments.

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