IHS Chemical Week

People & Business :: Earnings/Finance

Eastman announces $1.6-billion investment plan for Kingsport site

11:45 AM MDT | May 31, 2013 | Lindsay Frost

Eastman announced today that it will invest $1.6 billion at its Kingsport, TN site over the next 7 years. Investment will focus on safety and environmental projects, increased warehouse capacity, building renovations, expansion of its corporate headquarters campus, and further expansion opportunities to be detailed in the coming years, a company spokesperson says. Eastman says it will add 300 jobs at Kingsport.  "This represents a landmark capital investment that will modernize and expand our largest manufacturing site and corporate campus here in...

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