Avanix to invest about $30 million, add roughly 150 jobs in White House, Tenn.

An unidentified speaker (role not specified) said in White House, Tenn., that Japanese company Avanix will invest about $30,000,000 in capital expenditures and create about 150 jobs in the town. "They'll have invested about $30,000,000 of CapEx and have about 150 jobs right here in White House," the speaker said. The speaker added that the state will highlight the broader economic ripple effect, noting that local contractors and service firms also benefit. "They're hiring local contractors, subcontractors, service companies, whether it's, you know, law firms, accounting firms, HR companies, whatever," the speaker said, adding that the resulting economic activity can amount to "hundreds of millions of dollars and sometimes billions of dollars of CapEx." The speaker said officials plan to continue publicizing similar expansions: "So we're gonna keep on that. You'll hear more about that as we go around the state announcing these great expansions and great projects." No formal action, vote or timeline for the Avanix investment was provided in the remarks. The announcement as reported focused on the size of the planned capital investment, the approximate number of jobs and the indirect benefits to contractors and service businesses across Tennessee.