CLARKSVILLE, Tenn. (WTVF) — FNS Group announced it will invest $33.4 million to build a new facility and expand its operations in Clarksville.
The company said the expansion will bring 62 jobs to the Montgomery County area. The company currently has 18 employees in Clarksville under its subsidiary Pantos USA.
"As a rapidly growing full-service transportation and third-party logistics provider, we are proud to make our Clarksville location our new transportation hub. We are excited about the opportunity to become a part of Clarksville’s growing community and serve our clients through our strategic logistics network," said Young Bin Kim, CEO of FNS, Inc. and Pantos USA.
FNS Group is a third-party logistics provider for LG and Pantos USA is LG's primary logistics partner for global shipments.
The new building will be a 300,000-square-foot warehouse and distribution center behind LG's facility in Clarksville. It will connect the southeast and midwest region to the company's global logistics network.
FNS Group and its affiliations operate more than 20 warehouses across North America.