Tennessee Tool and Engineering Inc. has broken ground on a 10,000-square-foot expansion in Bethel Valley Industrial Park, and the company could add up to 20 new jobs during the next three years, executives said.
The groundbreaking was for the company’sÂ High Pressure Die Casting Division: TTE Casting Technologies Inc. The expansion was announced last week byÂ Greg Palmer, TTE vice president/operations manager.
The expansion is part of a $5 million building and capital investment in Oak Ridge and Anderson County, the company said in a press release. Another expansion is planned for 2018 to include the machining operations at the Emory Valley Road location. The company does not plan to pursue tax abatements. [Read more…]