State officials tout $6.6B investment by Korean company

(The Center Square) – A Korean company will establish its U.S. headquarters in Clarksville and invest $6.6 billion, the largest single private corporate investment in Tennessee history, state officials said.

Korea Zinc will also reopen a former mine in Gordonsville, a move that will add 320 jobs in Smith County over the next five years, according to state officials.

The company’s headquarters and manufacturing operation will bring 420 new jobs to Montgomery County.

Officials linked this investment to a recent trade trip to Asia by Gov. Bill Lee and others, which included a stop in South Korea.

“Korea Zinc’s decision to invest in Tennessee, which marks the single largest investment in state history, reinforces the importance of our strategic global recruitment efforts,” said Economic and Community Development Commissioner Stuart C. McWhorter. “The international relationships we’ve built over the years have been essential in securing projects like this one.”

The company will play a “vital role ...