Firestone Industrial Products officials announced 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.
Gov. Bill Lee stated, “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.”
Stuart C. McWhorter, TNECD Commissioner, said, “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.”
“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,” stated Justin Monaghan, the Firestone Airide President.
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.
TNECD Media Contact:
Lindsey Tipton
Director of Communications
(615) 339-6608
Lindsey.Tipton@tn.gov
