The company is investing $50m to expand and convert the manufacturing capabilities of its operational factory, which is situated in Hamilton County, creating 200 new jobs.
The Chattanooga facility manufacturers Nylon 66 yarn, which is then shipped to North Carolina where it is converted into tyre cord fabric. The expansion will allow Kordsa to manufacture tyre cord fabric on-site before selling this on to US tyre manufacturers.
The project has been supported by the Tennessee Economic and Community Development Council (TNECD), which claims to have supported more than 20 economic development projects in Hamilton County since 2019, creating around 4,300 jobs and $1.6bn in capital investment.
“We are grateful Kordsa has chosen to further invest in Hamilton County,” said TNECD commissioner Stuart McWhorter. “This is a global company that we are proud to have in Tennessee, and we believe Chattanooga will continue to be the ideal location for this company’s future growth and success.”
Founded in Izmit in 1973, Kordsa has expanded with production facilities in the Americas, Europe and Asia, and operational factories in Brazil, Indonesia, Italy, Thailand, Turkey and the US. In addition to the one in Chattanooga, the company also has a tyre reinforcement facility in North Carolina, as well as three composite reinforcement sites in California and another in Pennsylvania.
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