Company To Create Up To 100 New Jobs
Rogersville, TN—(September 19, 2007)—Sam
Dong Company today announced that it will locate a new manufacturing
facility in the Rogersville Industrial Park in Rogersville, Tennessee.
The Sam Dong Company of South Korea is a manufacturer
of specialty magnet wire products used in electrical transformers,
electric motors and generators, and will move into a 80,000 square
foot existing building in Rogersville. The company expects to begin
operations with up to 100 new employees by spring of 2008. The plant
manager will be Sun Gi Park from South Korea, but the vast majority
of the plant employees will be hired locally.
Leon Malloy, President of the North American branch
of the company said "Rogersville is the ideal location for Sam
Dong to locate this new facility." Malloy added that from the
company's new Rogersville location "the North American market
and some export opportunities can be very effectively served. Sam
Dong looks forward to being a part of the industrial community of
Hawkins County and will move very quickly to convert the factory to
this new product," Malloy said.
The 80,000 square foot plant is located on 10 acres
in the Rogersville Industrial Park. Modifications to the building
and installation of equipment will begin immediately. According to
Hawkins County industrial recruiter Lynn Lawson, "the company
was looking for an existing plant that could be converted to their
needs fairly easily. We were in competition with a plant in Virginia.
Before making the decision they talked to our other industries. They
like the school system, the banking institutions worked with them,
and they were very pleased with our responsiveness and with the people
they met." Lawson also said that the company has been offered
tax incentives from the Industrial Board, and that no incentives have
been finalized as of yet.
For more information on the Sam Dong Company, visit
their website at www.samdongkorea.com.
