June 15, 2023. PVS Plastics Technology Corporation officials announced today the company will invest $6.9 million to establish its second U.S. facility in Johnson City, Tennessee.
PVS will create 26 new jobs in Washington County as the company establishes manufacturing operations in an existing 54,000-square-foot facility on Wesinpar Drive.
This expansion into Tennessee will bring PVS closer to one of its long-time customers, ebm-papst, and allow the company to manufacture and supply injection molding plastics for industries needing high-tech solutions.
Headquartered in Niedernhall, Germany, PVS is an environmentally friendly plastics company that specializes in manufacturing electric motor and fan components for the automotive and commercial HVAC industries.
Since 2019, TNECD has supported more than 30 economic development projects in the Northeast Tennessee region, resulting in approximately 3,400 job commitments and nearly $973 million in capital investment.
QUOTES
“Tennessee is the best state in the nation for companies to succeed, thanks to our thriving economy, strong business climate and highly skilled workforce. I thank PVS for its $7 million investment in Tennessee to create new jobs and greater opportunity for families across Washington County.” – Gov. Bill Lee
“With nearly 21,000 Tennesseans employed by German companies, Germany is one of Tennessee’s top foreign direct investment partners. We are excited that PVS has chosen to locate its second U.S. facility right here in Northeast Tennessee and look forward to seeing this project come to fruition.” – TNECD Commissioner Stuart McWhorter
“We are thrilled to be setting up shop so close to ebm-papst, one of our long-time customers, in order to support its expansion in the U.S. market for energy-efficient ventilation technology.” –Rich Tursic, CEO, PVS Plastics Technology Corporation
