PARIS, Tenn.- Dana Holding Corporation announced the creation of 50 new jobs and a $3.8 million investment in the expansion of its Paris, Tennessee plant.
The announcement came Tuesday as part of a joint effort with the Tennessee Department of Economic and Community Development.
"Under Governor Haslam's leadership, our department is continually working to create a business friendly environment that gives our existing industries the confidence to grow in Tennessee," Bill Hagerty, ECD commissioner, said. "I congratulate Dana on this latest expansion and thank them for the continued commitment they are making to Henry County."
The Paris plant of Dana Holding Corporation creates automotive parts and supplies for automotive manufactures.
"With support from state, county, and city leaders, the new equipment and jobs in Paris will allow our local team for the first time to expand beyond sealing products to thermal solutions. We'll be producing oil coolers for a number of major vehicle manufacturers to the same high quality standards as we produce sealing products today," said Dwayne Matthews, president of Dana's Power Technologies Group.