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Eagle Bend to expand in Clinton, Tennessee

Jan. 31, 2006 - Eagle Bend Manufacturing will expand its Clinton, Tennessee, plant by 30,000 square feet and add 150 jobs to its present workforce of 500 people. The company manufactures automotive parts and stampings, using the latest technology to produce ultra-high-strength structural components. Its parent company, Magna, is the most diversified automotive supplier in the world.

TVA partnered in the expansion project with local economic development organizations. “By expanding operations, Eagle Bend will gain added productivity while providing new career opportunities for the residents of Anderson County and the region,” said TVA’s John Bradley, senior vice president of economic development. “TVA is pleased to partner with the Clinton Utilities Board and area community leaders to help existing businesses grow.”

“Tennessee is enjoying a strong and vibrant economy and today’s announcement is more great news, particularly for Anderson County,” said Governor Phil Bredesen. “Eagle Bend represents the type of economic development we are aiming for by assisting companies already growing and expanding in Tennessee.”