Governor Lee, Commissioner McWhorter Announce Firestone Industrial Products to Expand Operations at Firestone Airide Facility in Dyersburg

· Firestone Industrial Products, a subsidiary of Bridgestone Americas, to invest nearly $9 million in Northwest Tennessee, create more than 40 new jobs through expansion at Firestone Airide facility

DYERSBURG, Tenn. - Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart C. McWhorter and Firestone Industrial Products officials announced today the company will invest $8.9 million to expand manufacturing and distribution at its Firestone Airide facility in Dyersburg.

Firestone Airide, a division of Firestone Industrial Products headquartered in Nashville, Tennessee, constructed a new facility at 1901 Sylvan Road, which will house 41 new jobs upon completion of the project.

The expansion will comprise a warehouse center and small box kitting operation to further enhance the company's air spring production and distribution worldwide.

Firestone has more than 80 years of experience designing and manufacturing air springs and related products to eliminate vibration across the automotive, heavy-duty and off-highway segments and will collaboratively integrate tire and air spring sensing technologies to create a unique value proposition for our partners through performance, comfort and sustainable solutions.

Since 2020, TNECD has supported 25 economic development projects in the Northwest Tennessee region, resulting in approximately 1,900 job commitments and $610 million in capital investment.

QUOTES
"Bridgestone is a valued employer and has created jobs for 4,400 Tennesseans across the state. I am proud to take part in announcing another expansion for this global brand and thank both Bridgestone and Firestone Airide for their commitment to investing in Tennessee's exceptional workforce." - Gov. Bill Lee

"Bridgestone's statewide presence is one of the reasons why manufacturing thrives in Tennessee. I thank our partners at Bridgestone and Firestone Airide for their continued investment in Dyersburg and look forward to seeing the regional impact of this project." - TNECD Commissioner Stuart C. McWhorter

"With its strategic location and increased capability, the new distribution center will enable us to shorten time-to-market to meet customer demands while further optimizing our operations. We have a vital role to play in the transformation of mobility created by advanced electric vehicles and supporting technologies, such as our Firestone air springs." - Firestone Airide President Justin Monaghan

"Firestone Airide is a valued contributor to Dyer County's economy. We greatly appreciate their continued investment in our community and the jobs they provide to our citizens. Their growth helps fuel Dyer County's growth." - Dyer County Mayor David Quick

"Established in 1989, Firestone Airide has been a valuable asset to the City of Dyersburg. The jobs they provide and their many contributions to our community have benefitted many. Firestone Airide has invested significantly into our community with the construction and expansion of this new facility. I am grateful for their partnership and celebrate their continued growth and success in Dyersburg." - Dyersburg Mayor John Holden

"TVA and Dyersburg Electric congratulate Firestone Airide on its decision to expand operations in Dyersburg. Helping to support companies that are committed to job creation and investment in the region is fundamental to TVA's mission of service. We are proud to partner with the City of Dyersburg, Dyer County, Dyersburg Dyer County Chamber of Commerce and the Tennessee Department of Economic and Community Development to further that mission and congratulate Firestone Airide on its continued growth in the Valley." - John Bradley, TVA senior vice president of economic development

"I congratulate Firestone Airide on its decision to expand in Dyer County. I am glad to see that West Tennessee's job market is continuing to grow and boost local economies." - Sen. Ed Jackson (R-Jackson)

"Firestone Airide is a valued employer and member of the business community in Dyersburg. This expansion will not only bring more quality jobs to our area, but it will also strengthen the local economy as well. I congratulate the company on this announcement and look forward to its continued success in Dyer County." - Rep. Rusty Grills (R-Newbern)

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, Instagramand LinkedIn. Like us on Facebook. Subscribe to our YouTube channel.

TNECD Media Contact
Lindsey Tipton
Director of Communications
(615) 339-6608
[email protected]

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