Pace Industries will invest $2.8 million and create 49 new jobs
Nashville – Pace Industries, LLC will expand manufacturing operations at its Lower Brownsville Road facility in Jackson. Pace Industries will invest $2.8 million and create 49 new jobs in Madison County through the expansion.
“Pace Industries’ decision to invest in Tennessee is a testament to our state’s highly skilled workforce and unmatched business climate,” said Governor Bill Lee. “I thank this company for creating nearly 50 new job opportunities for Tennesseans across Jackson and look forward to seeing the prosperity that follows this expansion.”
Once complete, the increase in staffing and additional investment in the Jackson location will allow Pace Industries to better serve its growing customer demand for aluminum, zinc and magnesium die casting.
“Pace Industries has always believed that the greatest asset a company has is its employees and through this expansion, we hope to sustain permanent growth and the financial independence of our employees while raising the quality of life experienced in Jackson,” said Jerry Peterson, general manager, Pace Industries, LLC. “Thank you to everyone that worked together to make this project a reality. We look forward to continuing our future here in West Tennessee.”
Founded in 1970, Pace Industries, LLC is North America’s leading full-service aluminum, zinc and magnesium die casting manufacturer. From automotive to lawn and garden, the company serves an array of industries with die casting from its 17 operations across the U.S. and Mexico.
Since 2018, TNECD has supported 25 economic development projects in Madison County, resulting in nearly 1,700 job commitments and approximately $1B in capital investment.
The Tennessee Department of Economic and Community Development’s mission is to develop strategies that help make Tennessee the No. 1 location in the Southeast for high quality jobs. To grow and strengthen Tennessee, the department seeks to attract new corporate investment to the state and works with Tennessee companies to facilitate expansion and economic growth. Find them on the web: tnecd.co. Follow us on Twitter, Instagram and LinkedIn. Like them on Facebook. Subscribe to their YouTube channel.
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