INDUSTRY
Pantos USA is Coming to Clarksville-Montgomery County FNS Group will invest $33 million to build a new facility in Clarksville. Pantos USA is a third-party logistic provider for LG. The project represents an investment of $33.4 million and the creation of 62 jobs in Clarksville-Montgomery County. FNS Group will build a 300,000-squarefoot warehouse and distribution center on a greenfield site behind LG’s manufacturing facility in Clarksville. The proposed Clarksville warehouse will serve as the Southeast and Midwest portal, connecting businesses in this region to the company’s global logistics network. Pantos USA, a subsidiary of FNS Group, currently has 18 employees in Clarksville and will be expanding its footprint in the area while creating an additional 62 jobs. As a full-service transportation and third-party logistics provider, FNS
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Group and its affiliated companies operate more than 20 warehouses across North America and employ over 700 people. Pantos USA serves as LG’s primary logistics partner for its global shipments. Tennessee is home to more than 1,000 foreign-owned establishments that employ approximately 120,000 Tennesseans. Korea is among the top 10 countries for foreign direct investment in Tennessee, with Korean companies investing over $490 million in Tennessee over the past five years. Governor Bill Lee says, “FNS Group’s investment in Clarksville is a testament to Tennessee's skilled workforce and ideal location. I’m thankful that FNS has chosen to expand its footprint in Montgomery County, and I look forward to the company’s growth in the years to come.” Mayor Durrett echoes the sentiments of Governor Lee, and optimistically forecasts the project’s success saying,
“I’m thrilled that yet another company has selected Montgomery County as a place to call home. As a logistics company, FNS has chosen the perfect central location to serve their clients all over the United States. Despite the global pandemic, Montgomery County continues to attract global companies and adds to the list of available job opportunities for our current residents, military veterans and newcomers. I’m looking forward to working with the Pantos leadership team.” Senator Bill Powers adds, “We are thrilled to welcome these new jobs and congratulate FNS on their expansion. Montgomery County’s high-quality workforce and growing reputation as a great place to work, live and raise a family continues to attract new and expanding businesses. I appreciate the partnership of our local officials, Governor Lee and Commissioner Rolfe in securing these jobs. It is a pleasure to work with them to continue this momentum and bring new job opportunities to our citizens.”
