Note: This story was updated at 2:30 p.m. Dec. 8.
NASHVILLE—The 3M Company has purchased the former Food Lion distribution center in the Eagle Bend Industrial Park in Clinton and will use it to manufacture products for the oil, gas, and automotive industries. The company is expected to invest $135 million and create 100 new jobs in Anderson County.
Tennessee Governor Bill Haslam and Economic and Community Development Commissioner Bill Hagerty joined 3M Company officials in Nashville to announce the company’s investment on Friday afternoon.
3M purchased the 772,000-square-foot building on 160 acres on J.D. Yarnell Parkway in the Eagle Bend Industrial Park for roughly $14.4 million. The sale closed on Friday, said Tim Thompson, president of the Anderson County Economic Development Association. [Read more…]