News

Gateway selects Nashville as home for new manufacturing facility

May 17, 2006 – Gateway Inc. (NYSE: GTW) has selected Nashville, Tennessee, as the site for its newest manufacturing facility, scheduled to open by October 2006. Gateway is the nation’s third-largest personal computer manufacturer and among the top 10 worldwide.

The plant will assemble configure-to-order (CTO) desktops, notebooks, servers, and storage arrays according to customer specifications and will provide custom integration and software imaging services. The presence of available space in Nashville and the presence of one of Gateway’s existing suppliers, which will own a minority interest in the operation, is expected to allow for an efficient and timely start-up of the facility, according to Gateway.

“This facility will support Gateway’s professional and consumer-direct business units from an operational perspective in order to improve the entire customer experience, including quality, cost, and delivery,” said Rick Snyder, Gateway’s chairman and chief executive officer.

“The higher-skilled, better-paying jobs that Gateway will bring to Middle Tennessee fall right in line with the type of economic opportunities we’re working to create all across the state,” said Governor Phil Bredesen. “This announcement is a positive win for technology business growth in Tennessee.”

“We want to thank Governor Bredesen and state officials in Tennessee for working with us on this important initiative,” said Snyder. “Our relationship with the State of Tennessee and its very capable workforce reinforces our commitment to providing an exceptional customer experience.”

TVA, the State of Tennessee, and the Nashville Area Chamber of Commerce were key partners in attracting the project.