Schneider Electric moving to Franklin, brings 1,140 jobs
July 13, 2016
The Tennessean
by Jordan Buie
Gov. Bill Haslam and the Economic and Community Development Commissioner Randy Boyd announced Wednesday that Schneider Electric USA, Inc. will locate a Southeast regional office in Franklin.
The move comes after the county voted in June to approve a roughly $2 million tax incentive in exchange for 1,140 jobs the French energy management and automation company will bring to the county. The jobs are expected to pay an average of $73,000 annually with benefits.
“We thank Schneider Electric for choosing Franklin for its regional office and creating 250 new jobs in Tennessee,” Haslam said in a news release. “Many companies have selected Tennessee as a base for their operations, and we are proud they call our state home. Today’s announcement is great news not only for Williamson County, but for the entire state as it supports our goal to make Tennessee the No. 1 location in the Southeast for high quality jobs.”
Schneider Electric’s move to Cool Springs will consolidate its existing Middle Tennessee operations in Davidson and Rutherford counties to Williamson County, relocating approximately 900 current employees and creating 250 new ones, the release said. The company is expected to move into Two Franklin Park, a building slated to open in the first quarter of 2017.
“The state of Tennessee has long been a hub of innovation for Schneider Electric, and we are happy to maintain our strong commitment to the communities where we live and work,” said Annette Clayton, CEO and president of Schneider Electric North America. “Our new facility in Franklin will be our largest office in the country, creating an environment that encourages collaboration with customers and employees. The facility will be designed with the Schneider Electric vision of workplace collaboration and energy efficiency and will create a center of leadership and excellence.”
Schneider Electric is a global company that specializes in energy management and automation, and engineering, sales, research and development and corporate functions will make up much of the workforce.
Other Williamson County officials were also quoted in the announcement.
“We are excited that this international company has chosen to locate their regional office in Williamson County. With the potential of 1,100 new jobs for our county, there will be more quality job opportunities for our residents,” Williamson County Mayor Rogers Anderson said. “In business since 1836, Schneider Electric rose from 25th in 2015 to 10th place in the Newsweek Global Green Ranking for 2016 and we are proud to have global energy innovation specialist in our community.”
“Schneider Electric will be a great addition to the many corporations who choose our beautiful city,” Franklin Mayor Dr. Ken Moore said.