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Alicia Summers is vice president of business development for the Northeast Tennessee Regional Economic Partnership. Robert Houk 1 of 3 An international automotive metal stamped components manufacturer is looking for a tax abatement deal to locate a plant in the former Alo building in the Washington County Industrial Park in Telford. Robert Houk Offices and public entrance to the former Alo Tennessee Inc. plant in the Washington County Industrial Park. The company officially closed its operations at the 380,000-square-foot plant in December. Robert Houk Members of the Washington County Commercial, Industrial and Agricultural Committee hear a presentation about Project Stamp, a company which is asking for a in lieu of taxes deal to bring 206 jobs to the Telford industrial park. ....
An international automobile components company is looking to locate its first manufacturing operations in the U.S. by creating 206 jobs in the Washington County Industrial Park. The unnamed company, which industrial development officials are calling âProject Stamp,â would be located in the now vacant 380,000-square-foot Alo Tennessee Inc. building, 115 Precision Blvd., in the Telford park. The 44-year-old manufacturer of metal stamped auto components, which now has 17,500 employees and 26 production plants in 10 countries, has asked for a payment-in-lieu-of-taxes deal for its a two-phased project that calls for a total capital investment of $144,482,000. Alicia Summers, vice president of business development for the Northeast Tennessee Regional Economic Partnership, said Thursday the company will create 117 jobs in the first phase of its development. The second phase, which concludes in 2027, will bring an additional 89 new jobs. ....