Ribbon Cutting Ceremony Celebrates Opening of the New Lifetime Products Manufacturing and Distribution Facility
August 10, 2017
U.S.-Based Manufacturer Begins Production in East Tennessee; Company Supplying Walmart on American Jobs Initiative
KNOXVILLE, TENNESSEE (Aug 10, 2017) — Executives from Lifetime Products, Inc. and government leaders of Knox County in Tennessee gathered on August 10th to celebrate the opening of Lifetime’s new 700,000+ square foot east coast manufacturing and distribution facility. The market leader in product categories including folding tables and chairs, sheds, kayaks, and other home products will begin production in the facility immediately.
“A year ago, we broke ground on this new facility in Tennessee. This new east coast factory is a landmark accomplishment for us as a company. This expansion is essential to our company’s continued efficient growth, and will strengthen our ability to create opportunities for people all around the world and specifically here in Tennessee,” says Lifetime’s President & CEO Richard Hendrickson. “Being close to the end user of our products, both east and west in the United States, is one of the core principles which allows us to continue to lead the industry as we manufacture high-quality innovative products. We are proud to begin manufacturing here and are excited for people all around the world to be able to enjoy our products that are made right here in the USA.”
“We are grateful to Lifetime Products for choosing to invest in Tennessee and for creating 500 jobs in Knox County,” Gov. Bill Haslam said. “With all of the rivers, lakes and other places to enjoy the outdoors in our state, a company like Lifetime will fit right in here in Tennessee and help us reach our goal of being the number one location in the Southeast for high quality jobs.”
This new facility will produce Lifetime’s line of water sports products including kayaks and paddleboards, as well as their outdoor Play System line of products. With this new location for manufacturing and distribution, Lifetime will be able to meet its customers’ increasing demand for products with shortened supply chains and faster shipping times.
“Walmart’s commitment to buy $250 billion in products supporting American jobs by 2023 is having a tangible impact on communities across America,” said Cindi Marsiglio, vice president, U.S. manufacturing, Walmart. “In the four years since we launched our initiative we’ve seen factories opened, jobs created and American products added to our shelves in stores and online.”
Based on data from Boston Consulting Group, it’s estimated that 1 million new U.S. jobs will be created through Walmart’s initiative, including direct manufacturing job growth of approximately 250,000, and indirect job growth of approximately 750,000 in the support and service sectors.
Speakers for the ribbon cutting ceremony include: Richard Hendrickson, President & CEO Lifetime Products, Inc.; Vince Rhoton, EVP of Sales & Marketing Lifetime Products, Inc.; Bill Haslam, Governor of the State of Tennessee; Bill Johnson, President & CEO of Tennessee Valley Authority; Scott Gutche, Senior Director of US Manufacturing & Sourcing Walmart, Inc.; Tim Burchett, Mayor of Knox County; Scott Dixon, President & CEO of Stacey Enterprises, Inc.
Photos and video of the new facility are available at bit.ly/LifetimeRibbonCutting as well as background on the company and additional media content.
About Lifetime Products
Established in 1986, Lifetime Products, Inc. is a privately held company headquartered in Clearfield, Utah. Starting in the owner’s garage, Lifetime Products began by building a better basketball system. Today, Lifetime is the world’s leading manufacturer of polyethylene folding tables, chairs, and residential basketball hoops. With other offerings from outdoor sheds and composters to playsets and kayaks, Lifetime continues to develop innovative products sold in more than 100 countries around the globe. For more information about Lifetime Products, visit www.lifetime.com.
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