NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with Oddello Industries, LLC officials announced today the company will expand operations at its Morristown, Tenn. facility, representing an investment of $4 million and the creation of 228 new positions in Hamblen County.
“I want to thank Oddello for its investment in Tennessee and for the new jobs the company is creating and bringing to Hamblen County,” Haslam said. “We are fortunate to have strong companies like Oddello continuing to grow in our state and helping us toward our goal of becoming the No. 1 state in the Southeast for high quality jobs.”
“Job creation in today’s global economy is driven by efforts made both within our state as well as abroad, and we remain equally focused on regaining jobs from overseas markets to keep Tennessee companies competitive,” Hagerty said. “I appreciate Oddello’s contribution toward offsetting the U.S. trade deficit by returning high quality manufacturing jobs to Tennessee, and I wish the company much continued success in the future.”
“Our expansion in Morristown solidifies Oddello’s domestic presence and commitment to Made in America and Made in Morristown manufacturing,” Oddello Industries COO Tom Roberts said. “With rising overseas costs of production, shipping and wage rates, Morristown is a logical fit for Oddello’s continued growth. Morristown and the surrounding areas provide a ready workforce, competitive real estate costs and reliable utilities. Oddello began as an east Tennessee company, and we are proud to expand here and want to thank the state of Tennessee for their continued investment in Tennessee companies.”
Oddello Industries is a globally-focused contract manufacturer serving the world’s leading furniture brands. In the past year, the company has made a substantial investment in three separate properties in the East Tennessee Valley Industrial District, utilizing nearly 1,000,000 square feet of floor space in all for production.
“We are encouraged by the additional 200 jobs that Oddello is adding to their workforce and the $4,000,000 investment into their facility,” Morristown Mayor Danny Thomas said. “Their growth from 35 employees to 415 in the past year is a testament to their ability to survive and prosper in a highly competitive market. We congratulate Oddello on their growth and thank them for the confidence in our community. We look forward to their continued success and thank them for being a good corporate citizen.”
“The rapid growth of Oddello is one of the best kept secrets in Morristown,” Hamblen County Mayor Bill Brittain said. “It’s exciting to see a company like Oddello make the commitment it has to our community.”
“Morristown and Hamblen County work hard to retain and return manufacturing back to the United States,” Morristown Area Chamber of Commerce President Marshall Ramsey said. “Oddello is a great example of a local company who produces quality goods for some of the best furniture manufacturers in the world. The Morristown Area Chamber of Commerce would like to commend Oddello for their growth in our community and thank them for their continued support for Made in America products.”
