Eastman to spend $250,000,000.00 to expand into new space in Kingsport Tennessee.
Kingsport, Tennessee — According to state and local economic development sources Eastman plans to invest $250,000,000.00 to build out new space in Kingsport. The company plans to occupy the new space in Kingsport, on or about December 1, 2022. According to the company website Eastman Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company’s innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end-markets such as transportation, building and construction, and consumables. As a globally inclusive and diverse company, Eastman employs approximately 14,500 people around the world and serves customers in more than 100 countries. The company had 2020 revenues of approximately $8.5 billion and is headquartered in Kingsport, Tennessee, USA.
To learn more about Eastman, visit http://www.eastman.com/
Company Contact:
Mark Costa, Chief Executive Officer
800-327-8626
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