Governor Lee, Commissioner McWhorter Announce Shoals Technologies Group to Expand Manufacturing and Distribution Operations in Sumner County

Posted By: Redazione Web 21 Febbraio 2024

  • Leading EBOS provider for solar, energy storage and eMobility to create approximately 550 new jobs in Portland with multi-million dollar expansion“Tennessee’s strong business climate and unmatched quality of life are key reasons why companies like Shoals choose to expand in our state. I thank Shoals for creating hundreds of new jobs for Tennesseans and am confident Portland and Sumner County have the skilled workforce to support these new positions.” – Gov. Bill LeeShoals Technologies Group, Inc. is a leading provider of electrical balance of systems (EBOS) solutions for solar, storage, and electric vehicle charging infrastructure. Since its founding in 1996, the Company has introduced innovative technologies and systems solutions that allow its customers to substantially increase installation efficiency and safety while improving system performance and reliability. Shoals Technologies Group, Inc. is a recognized leader in the renewable energy industry whose solutions are deployed on over 62 GW of solar systems globally. For additional information, please visit: https://www.shoals.com.The Tennessee Department of Economic and Community Development’s mission is to develop strategies that help make Tennessee the No. 1 location in the Southeast for high quality jobs. To grow and strengthen Tennessee, the department seeks to attract new corporate investment to the state and works with Tennessee companies to facilitate expansion and economic growth. Find us on the web: tnecd.com. Follow us on Twitter, Instagram and LinkedIn. Like us on Facebook. Subscribe to our YouTube channel.This press release contains forward-looking statements, including statements regarding the Company’s future growth and expansion plans. These statements are not historical facts but rather are based on the Company’s current expectations and projections regarding its business, operations and other factors relating thereto. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates” and similar expressions are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those in the Company’s Annual Report on Form 10-K. You are cautioned not to place undue reliance on forward-looking statements, which reflect expectations only as of this date. The Company does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise.ShoalsSara Jo Walker
    Senior Director of Communications
    (615) 500-4349
    [email protected] Tipton
    Public Information Officer
    (615) 339-6608
    [email protected] https://www.globenewswire.com/NewsRoom/AttachmentNg/485df35a-21ef-4700-8422-49f5e06afcf5
    https://www.globenewswire.com/NewsRoom/AttachmentNg/6fa4a88b-1973-4dec-b9f1-7515a3cbd907
    (GlobeNewsWire)

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