Leading developer of heating technologies to invest nearly $14 million, create more than 100 new jobs in Piney Flats
Nashville – Stone Mountain Technologies, Inc. (SMTI), a leading developer of cost effective, next generation heating technologies using sorption heat pump cycles, announced the company will invest $13.9 million to establish manufacturing operations in Piney Flats, Tennessee.
SMTI will create 111 new jobs in Sullivan County and launch production of ANESI, its brand of high efficiency gas-fired heat pumps.
“We are excited to launch the manufacturing and engineering of our ANESI brand of very high efficiency heat pumps and water heaters for residential and commercial buildings in Northeast Tennessee, adding to the states growing advanced energy economy. We look forward to adding skilled manufacturing jobs and opportunities to the region,” said Michael Garrabrant, CEO, Stone Mountain Technologies, Inc.
The company’s mission is to provide customers with high-comfort, cost-effective, low/zero-carbon heating and cooling.
“Tennessee’s strong business climate and skilled workforce make our state the ideal location for companies like SMTI to thrive. I thank SMTI for its investment to create more than 100 jobs and greater opportunity for Tennessee families across Sullivan County and the region,” said Gov. Bill Lee.
Image by Freepik.
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