According to a story by Clarksville Now,  LG Chem recently announced a $3.2 billion cathode manufacturing plant in Clarksville, bringing in 860 new jobs.

And, 200 of these jobs are reportedly paying more than $100,000 per year.

LG Chem, a South Korea-based company, is building on the 420-acre Allensworth Farm property in Montgomery County, just east of Exit 4 of Interstate 24.

The plant, which will create a key component for electric vehicle batteries, will be the largest of its kind in the United States, with a production target of 120,000 tons of cathode material annually by 2027.

The plant will create 860 jobs, with starting pay at $24 an hour. About 200 of those jobs will pay over $100,000 per year, according to the EDC. 

"As we start bringing in companies that are at $23 or $24 an hour starting out, other companies are going to have to evaluate their pay scale in order to retain those types of people, and that’s not always a bad thing," a spokesperson said.

"We work for the people. We want to add quality of life to the citizens of Clarksville-Montgomery County."

Several construction and craft positions will no doubt be created in Tennessee through the various construction phases of the projects such as laborersweldersequipment operatorselectrcians and beyond.