Governor Bob McDonnell Wednesday announced that Eastman Chemical Company will invest $40 million over the next three years to expand its manufacturing operation in Henry County.
Eastman acquired the site in 2012 and became the leading global manufacturer of window films for the automotive and architectural markets. The company's facility in Henry County is one of the largest and most integrated window and performance-coated film manufacturing sites in the world. The investment in Henry County is expected to create 25 new jobs.
Eastman is a global specialty chemical company that produces a broad range of products found in items people use every day. With a portfolio of specialty businesses, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability.
Its market-driven approaches take advantage of world-class technology platforms and leading positions in attractive and end-markets such as transportation, building and construction, and consumables.
Eastman focuses on creating consistent, superior value for all stakeholders. As a globally diverse company, Eastman serves customers in approximately 100 countries and had 2012 pro forma revenues, giving effect to the Solutia acquisition, of approximately $9 billion.
The company is based in Kingsport, Tenn., and employs approximately 14,000 people around the world.