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Microvast gets standard local tax incentives for Clarksville plant

In the real world of industrial recruitment, officials say it takes competitive tax abatements and other incentives to convince lucrative, job-creating companies to locate in Clarksville, or any U.S. city.
With this week s announcement that American-owned Microvast Power Solutions is bringing its $220 million U.S. manufacturing headquarters to Clarksville where it will make electric vehicle batteries, it s known that incentives at both the state and local levels helped to solidify the deal.
Microvast plans to create 287 direct jobs in Clarksville when it launches production. Factoring in indirect employment from the company s arrival here, that number grows to around 537 under current economic impact modeling projections. ....

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287 headquarters, manufacturing jobs coming to Clarksville

The Clarksville-Montgomery County Industrial Development Board announced Feb. 10 that Microvast Power Solutions chose to put its U.S. manufacturing headquarters in Clarksville. ....

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Clarksville lands $220 million Microvast plant, bringing 287 jobs

Another nine-digit industrial investment is coming to Clarksville, officials have confirmed, and it will locate its U.S. manufacturing headquarters here as part of the deal.
American-owned-and-operated Microvast Power Solutions has decided on Clarksville as the location where it will manufacture electric vehicle batteries. The decision is expected to bring 287 new direct jobs in a $220 million investment to Montgomery County.
Microvast follows a string of other major nine-digit business investments in Clarksville including Hankook Tire, LG Electronics and a Google data center.
Microvast has executed a purchase sale agreement on a local site previously owned by Akebono for its new operation, and plans to transition the facility from brake manufacturing to a Li-ion battery manufacturing facility, officials announced Wednesday morning. ....

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Battery manufacturer locating in Clarksville

A tech industry has chosen Clarksville to locate its manufacturing headquarters. The Clarksville-Montgomery Co. ....

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