Parkway to invest $5.7 million and create 160 jobs with molding facility expansion in Tennessee

Nashville, TN – Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Bob Rolfe and Parkway Products, LLC officials announced the company will invest $5.7 million to expand its existing operations in Greene County.

Parkway will create 160 new jobs at its injection molding facility over the next five years.  Located at 1609 Industrial Road, the expansion will allow the company to add several lines and assist in the purchase and installation of new assets, tooling costs and space.
With 10 facilities in the United States and Mexico, Parkway has been North America’s premier injection molder since its founding in 1946. The company is a leader in six niche injection mold processes and has an extensive history and expertise in the aerospace and electronics, agriculture, off-road truck, automotive, healthcare, industrial and infrastructure markets.  In the last five years, TNECD has supported more than 40 economic development projects in Northeast Tennessee resulting in roughly 3,600 job commitments and $1 billion in capital investment.

“We are excited to invest in Greene County, Tennessee because of the strong growth we have seen in our loyal customer base of equipment manufacturers, the productivity and commitment of a terrific team of Parkway associates in Greeneville, and the support of local government that respects the contributions made by Parkway and the industrial supply chain to the local economy. We see Greene Country as a great place to grow and will continue to strive to make Parkway Products an employer of choice for more people in Greeneville.” said Andrew Green, CEO, Parkway Products.