Howmet (HWM) Announces Second Expansion in Tennessee

Howmet Aerospace Inc. (NYSE:HWM) is one of the 11 best industrial stocks to buy right now. On June 17, the company announced expansion plans in Morristown, Tennessee. It will mark the company’s second expansion in less than a year and is expected to create 217 jobs.

Howmet (HWM) Announces Second Expansion in Tennessee

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Expansion into Morristown is part of the company’s push to continue playing a critical role in enabling next-generation quieter, cleaner, and more efficient engines. Its structural equipment is mainly used in mission-critical performance and efficiency in aerospace and defense applications.

“Today’s announcement underscores how vital partnerships are to the economic success of our state and our local communities. [..] Howmet Aerospace is expanding for the second time in less than a year because of the relationships formed during the recruitment process, and we are honored to join in announcing new jobs for one of Hamblen County’s top employers,” TNECD Commissioner Stuart C. McWhorter noted.

Howmet Aerospace Inc. (NYSE:HWM) is a global provider of advanced, engineered solutions for the aerospace and transportation industries. It specializes in producing components for aircraft engines and airframes, fastening systems, and forged aluminum wheels for commercial transportation.

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