Tata Group said it has completed the building of a $1 billion office building at a factory in Tennessee and is currently finalizing construction of a second building on the site.
The Nashburg plant will provide employment for about 2,000 people and generate an estimated $1 million in annual earnings for Tata, which is building the $30-billion, 4,000-acre (2,300-hectare) facility.
The Tata Group has been seeking to build its new $15-billion Tennessee plant in part because of the region’s manufacturing base and the region has been the site of a recent manufacturing boom.
The Tennessee plant, which has been under construction since November, is being built by M-PESA of China and will be a 20,000 sq.-ft. (1,900 sq.m.) building with office space, parking, dining, and retail space.
It will produce about 7,000 to 8,000 cars per day.
Tata said in a statement the company is “excited about the continued growth and success” of the plant and the construction is expected to be completed by the end of 2019.
The company has been searching for sites for its new plant in Tennessee since 2014.