German firm buys Chattanooga Aerisyn operation
Jobs to be added in Chattanooga
The Chattanooga area’s position in the clean energy sector received a gust of confidence Friday with a German company’s purchase and expansion plan for a wind turbine tower manufacturing plant, officials said.
SIAG Schaaf Industrie AG has bought Aerisyn LLC’s plantlocated off Riverfront Parkway with plans to add 120 jobs and invest $3 million.
SIAG officials expect the Aerisyn plant to reach full production by mid-2011 and employ 240 people.
Read more via Chattanooga Times Free Press | German firm buys Aerisyn operation.