October 1 -- Aiken, S.C.-based Carlisle Tire & Wheel, a subsidiary of Charlotte, N.C.-based Carlisle Companies Inc., finalized its intent to operate in the former Jackson, Tenn., Whirlpool Corp. facility.
In July, Carlisle announced it would locate in the 568,606-square-foot manufacturing and distribution facility creating over 400 new jobs. Carlisle also plans to expand the facility, which will manufacture tires and inner tubes, by 156,000 square feet.
Madison County, through its Madison County Industrial Development Board, bought the facility from Whirlpool for $71 million and will lease it to Carlisle Corp., which will pay principal and interest on it.
Carlisle will also be eligible for state incentives like FastTrack Job Training Assistance, Industrial Machinery Tax Credits and Jobs Tax Credits for the project. The company hasn’t announced its planned investment in the expansion.
Michigan-based Whirlpool closed the facility in December 2008 after deciding to consolidate its dishwasher production operations in its Findlay, Ohio, plant.
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