Governor Lee, Commissioner McWhorter Announce Pace Industries, LLC to Expand Manufacturing Operations in Madison County
- North America’s leading die casting manufacturer to invest more than $2 million, create nearly 50 new jobs in Jackson
Pace Industries will invest $2.8 million and create 49 new jobs in Madison County through the expansion.
Once complete, the increase in staffing and additional investment in the Jackson location will allow Pace Industries to better serve its growing customer demand for aluminum, zinc and magnesium die casting.
Founded in 1970, Pace Industries, LLC is North America’s leading full-service aluminum, zinc and magnesium die casting manufacturer. From automotive to lawn and garden, the company serves an array of industries with die casting from its 17 operations across the U.S. and Mexico.
Since 2018, TNECD has supported 25 economic development projects in Madison County, resulting in nearly 1,700 job commitments and approximately $1 billion in capital investment.
“Pace Industries’ decision to invest in Tennessee is a testament to our state’s highly skilled workforce and unmatched business climate. I thank this company for creating nearly 50 new job opportunities for Tennesseans across Jackson and look forward to seeing the prosperity that follows this expansion.” – Gov. Bill Lee
“Pace Industries could have chosen to expand at any one of its locations, but it’s a testament to our state’s skilled workforce and business-friendly atmosphere that this company chose Tennessee. Jackson and Madison County have a robust manufacturing industry that will be the ideal climate to support Pace Industries’ success.” – TNECD Commissioner Stuart McWhorter
“Pace Industries has always believed that the greatest asset a company has is its employees, and through this expansion, we hope to sustain permanent growth and the financial independence of our employees while raising the quality of life experienced in Jackson. Thank you to everyone that worked together to make this project a reality. We look forward to continuing our future here in West Tennessee.” – Jerry Peterson, General Manager, Pace Industries, LLC
“I’m proud to help announce that Pace Industries will be expanding their successful operations with the addition of 49 new jobs. This is an exciting day for our community, and we are so happy to see an existing industry expand their business in Jackson, Madison County and West Tennessee. Pace Industries, we are glad you are here.” – Sen. Ed Jackson (R-Jackson)
“Pace Industries is a valued employer in Jackson. This expansion will bring more quality jobs to our community that will further strengthen our local economy. I appreciate this investment by Pace Industries, and I look forward to the company’s continued success in Madison County.” – Rep. Chris Todd (R-Madison County)
About the Tennessee Department of Economic and Community Development
The Tennessee Department of Economic and Community Development’s mission is to develop strategies that help make Tennessee the No. 1 location in the Southeast for high quality jobs. To grow and strengthen Tennessee, the department seeks to attract new corporate investment to the state and works with Tennessee companies to facilitate expansion and economic growth. Find us on the web: tnecd.com. Follow us on Twitter, Instagram and LinkedIn. Like us on Facebook. Subscribe to our YouTube channel.
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