State of Tennessee, Knoxville Chamber Announce Kelvion Inc. to Expand in Knox County

• Company manufactures heat exchangers for all industries
• Project represents an investment of nearly $4 million

The state of Tennessee and the Knoxville Chamber announced today that the global heat exchanger manufacturer Kelvion will expand its operations in Knoxville.

As part of the expansion, Kelvion will create 74 new jobs, for which it is currently hiring, and invest $3.8 million in Knox County. Kelvion will expand at the Forks of the River Valley Industrial Park in Knoxville, where the company established operations three years ago.

This expansion will increase Kelvion’s production of innovative heat exchangers, which can be offered as configurable or customized, for the Refrigeration and Data Center Industries. The goals of Kelvion’s expansion in the U.S. and globally are to improve its customers’ experience, harmonize product technology, expand production capabilities and reduce costs.

For more information about potential opportunities at Kelvion, please contact Sabrina Julian, the company’s local HR representative, by email at [email protected] or by phone at 865-606-6044.

Over the last five years, TNECD has supported 15 economic development projects in Knox County, accounting for nearly 2,000 job commitments and $195 million in capital investment.

QUOTES
“Tennessee’s reputation as a leader in advanced manufacturing is built upon the success of companies that call our state home. I congratulate Kelvion on this expansion, which is taking place less than three years since establishing operations in Knoxville and look forward to the company’s continued success in Tennessee.” – Gov. Bill Lee

“Nearly fifty percent of new job commitments in East Tennessee are the result of expansions, proving that Tennessee provides the ideal pro-business climate for companies to grow. We thank Kelvion for creating more than 70 new family-wage jobs and investing again in Knox County.” – TNECD Commissioner Bob Rolfe

“Congratulations to Kelvion for choosing to expand their production and skilled, technical workforce in Knox County. Kelvion is a prime example of why career and technical education in our schools is so important. Knox County is prepared, and excited, for these new jobs being added.” – Mayor Glenn Jacobs

“It has been the honor and privilege of Kelvion to expand in Knoxville where we have received the full support of the community and its leaders from the outset. Growing our business in the U.S. is one of the top strategic objectives for Kelvion, and we hope that this Knoxville expansion will be the first of many as we further establish ourselves as the partner of choice in the Refrigeration and Data Center Industries. – Simon Jones, president, Kelvion Refrigeration Technology Business Unit

“It’s been a pleasure to partner with Kelvion on their journey. From their initial ribbon cutting in 2019 to now adding a new facility and more jobs, it’s impressive to see a company grow so quickly in such a short time. The Knoxville Chamber is proud to partner with companies like Kelvion to enhance the business expansion ecosystem in our community.” – Doug Lawyer

“TVA and Knoxville Utilities Board congratulate Kelvion on its decision to expand operations and create new job opportunities in Knox County. It’s always an exciting day when we can celebrate a company’s continued commitment to growth in the Valley. We are proud to partner with the Knoxville Chamber, East Tennessee Economic Development Agency and Tennessee Department of Economic and Community Development to support companies, like Kelvion’s, business success and celebrate this announcement together.” – John Bradley, TVA senior vice president of Economic Development

“The 74 new jobs, which will result from Kelvion’s expansion, are great news for Knoxville. It shows our economy is strong and moving in the right direction. I am grateful for Kelvion’s investment in our community and appreciate the work of Kelvion’s team and state and local officials for helping to facilitate this expansion.” – Sen. Becky Duncan Massey (R-Knoxville)

“This expansion is an extraordinary win for the people of Knox County. By creating more jobs, we are creating more opportunity and growth for the people of Knoxville, and I am so excited for where this will take us.” – Rep. Dave Wright (R-Corryton)