The company anticipates construction to begin in July
Global manufacturer and marketer of refractory products to locate mega class factory in Huntingdon, create more than 100 new jobs in Carroll County.
INTOCAST officials announced today the company will locate its first U.S. operations in Tennessee.
“We are not just building a new plant; we are forging a new chapter for INTOCAST in American steelmaking. Our new American mega class factory will not only provide our customers with access to the highest quality refractories and on-site services available but will also bring jobs and economic growth to the region,” said INTOCAST AG CEO Matthias Normann.
INTOCAST will invest a minimum of $15 million and create 103 new jobs as the company constructs a state-of-the-art mega class factory at the Huntingdon Industrial Park South, a Select Tennessee Certified Site.
The Carroll County site will be dedicated to manufacturing magnesia-carbon (MgO-C) refractories and materials to support INTOCAST’s U.S. market. The company anticipates construction to begin in July.
Founded and globally headquartered in Germany, INTOCAST specializes in manufacturing and marketing refractory products for the iron and steel industries. Today, the company employs 2,000 people worldwide and is growing with its newest operations in Huntingdon, Tennessee.
“What happens in rural Tennessee matters to all of Tennessee, and I am grateful to announce 100 new jobs in Huntingdon. I thank INTOCAST for their commitment to creating greater opportunity and a better quality of life for the Tennesseans across Carroll County,” said Governor Bill Lee.
Image by KamranAydinov on Freepik.
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