Germany based Wacker Chemie AG has chosen Bradley County for its new $1 billion dollar plant. It could bring as many as 500 jobs to the area.
Wacker is among the world’s largest producers of a primary component in solar panels. State officials are touting the plant as proof Tennessee can attract so called “green collar” jobs.
In his state of the state address earlier this year, Governor Bredesen said green jobs are key to the state’s economic future.
“While we’re interested in a broad range of business, there is one area where we have a great toe-hold and prospects, and that’s the area of clean energy technology.”
Wacker’s plant is the third $1 billion project in Tennessee in less than a year. Hemlock Semiconductor is building a new facility in Clarksville, and Volkswagen is building a new plant in Chattanooga.
Blake Farmer contributed to this report.