Yesterday I was able to work on and attend an event that will have a significant impact on southeast Tennessee and Bradley County in particular. An international chemical company Wacker Chemie will locate a plant in Charleston, TN. In short the plant will process silicon into the components for solar panels. Wacker will inject $1 billion dollars into the economy and employ 500 new people with good salaries and training.
Full Story from Times Free Press.
In the new world of global worming crazes and political pushes for energy independence, this company should do well with their products. Right now their annual income is $5 billion and by building this plant in the U.S. they hope to create a bigger market share in the Americas.
This is a great thing for our community. Wacker will quickly invest in our schools, infrastructure, and increase jobs (taxpayers). This announcement along with the Volkswagen plant being built in Chattanooga, TN may also help to encourage other multinational companies to plant roots in southeast TN. My hope is that Wacker will take a interest in the science and math department at Lee University and use our students and graduates in their company.
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