March 2, 2023. OTICS USA, Inc. officials announced today the company will invest $147 million to expand its manufacturing operations in Morristown, Tennessee.
OTICS USA will create 70 new jobs at its U.S. headquarters in Hamblen County through the expansion.
As a supplier for major automotive corporations, OTICS USA will be able to accommodate new business growth and increased fuel pipe production capabilities, which will be made possible through the construction of an additional 55,000 square feet of space at OTICS USA’s facility on Interstate View Drive.
OTICS USA, Inc. was founded in 2001 as a subsidiary to OTICS Corporation, which is based in Japan. Headquartered in Morristown, OTICS USA manufactures parts for major automotive corporations. With the additional 70 new jobs in Hamblen County, OTICS USA will employ nearly 450 people across its two East Tennessee locations in Kodak and Morristown.
Since 2018, TNECD has supported nearly 10 economic development projects in Hamblen County, resulting in approximately 1,200 job commitments and nearly $248 million in capital investment.
