Aon State Industries and Oshkosh plan major expansions creating over 700 jobs in Tennessee

In a pivotal meeting held on February 13, 2025, the Tennessee State Funding Board unveiled a series of significant economic development projects poised to create thousands of jobs across the state. The discussions highlighted six major initiatives, each promising substantial investments and new employment opportunities.

The spotlight shone first on Aon Inc., a global leader in HVAC solutions, which has chosen the former American Snuff facility in Memphis for its new production operations. This project is set to generate 828 net new jobs and a remarkable $238 million capital investment over the next five years. With an average hourly wage of $28.25, Aon’s commitment is bolstered by a $12 million fast track economic grant aimed at offsetting costs related to building retrofits and property acquisition.

Next, State Industries, a prominent manufacturer of residential and commercial water heaters, announced plans to create 35 new jobs in Franklin, Williamson County. The company will invest $6.7 million, offering an average wage of $25.25, slightly above the county median. Fast track job training assistance will support the training of new employees with a budget of $140,000.

Oshkosh Manufacturing, in partnership with JLG Industries, is set to expand its operations in Jefferson City. This collaboration aims to create 194 new jobs and invest $119 million over five years. The average wage for these positions will be $20.24, supported by a $1.5 million grant for facility improvements.

In Knoxville, JLG Industries is establishing a 300,000 square foot distribution center to streamline operations for its Jefferson City site. This project will create 26 new jobs with an average wage of $23.34, alongside a $1.9 million investment.

Topre Corporation in Smyrna is also making strides, planning to add a 120,000 square foot facility that will create 250 new jobs with an investment of over $57 million. The average wage for these positions will be $21, supported by a $1.7 million grant for facility enhancements.

Lastly, Weststar Aviation in Chattanooga is expanding its operations, committing to create 200 new jobs and invest $31.8 million. With an impressive average wage of $33.93, this expansion marks the company’s third growth phase in Tennessee.

These initiatives reflect a robust commitment to economic growth in Tennessee, promising not only job creation but also significant investments that will enhance the state’s industrial landscape. As these projects unfold, they are expected to invigorate local economies and provide new opportunities for residents across the state.