Hematite Inc. opens second U.S. production facility in Fayetteville, Tenn.

May 13, 2019 – Hematite Inc., a Canadian automotive supplier, announced plans to establish a production facility in Fayetteville, Tennessee. Plans for the project include $11.5 million in capital investment and the creation of 70 new jobs at the company’s second U.S. facility. Economic development partners include Fayetteville Public Utilities, Fayetteville Lincoln County Industrial Development Board and Tennessee Department of Economic and Community Development.