Traxion Materials is expanding its operations in Campbell County, Tennessee, investing more than $5 million and creating 49 new jobs in the town of Jacksboro
Traxion already operates a network covering tyre collection, wholesale distribution, shredding and processing, and the supply of tyre-derived fuel (TDF), and the ongoing project in Tennessee will further expand its recycling and upcycling activities.
Traxion’s primary facility is located in LaFollette, while its Traxion Tire LifeCycle Network operates across Tennessee, Kentucky, Florida, Georgia, North Carolina and South Carolina, working with tyre retailers, automotive dealerships, manufacturers, fleet operators and logistics companies to manage used tyres and keep recovered materials in productive use rather than sending them to landfills or stockpiles.
“We’ve built our operation here in both LaFollette and Jacksboro because this region has the workforce, the location and the partnerships to support our steadfast mission,” said Greg Coleman, founding investor and president and CEO of Traxion Materials. “We’ve intentionally planted our roots at home in Campbell County, Tennessee, and this investment reflects our commitment to our employees and our community for the long haul.”
Tennessee Governor Bill Lee said the expansion demonstrated continued business confidence in the state, while local officials highlighted the expected economic benefits for Campbell County.
Source: Tennessee Department of Economic and Community Development
