Pace Industries plans $2.8 million expansion for Tennessee plant
Pace Industries LLC is investing $2.8 million to expand manufacturing operations at its facility in Jackson, Tennessee. The aluminum, zinc, and magnesium diecasting manufacturer will add 49 new jobs while meeting increased customer demand from a wide range of industries. “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 Pace Industries General Manager Jerry Peterson.
Tennessee Department of Economic Development Commissioner Stuart McWhorter said, “Pace Industries could have chosen to expand at any one of its locations, but it’s a testament to our state’s skilled workforce and business-friendly atmosphere that this company chose Tennessee. Jackson and Madison County have a robust manufacturing industry that will be the ideal climate to support Pace Industries’ success.