Avancez announces new facility at Blue Oval Supplier Park in Stanton

Avancez officials announced the company will invest $54 million to expand its assembly operations and locate a new facility on Ford Motor Company’s BlueOval City Supplier Park. Avancez will join Magna at the Stanton site, creating an additional 501 new jobs. The Tennessee assembly plant will be the company’s third location in the U.S. and positions Avancez in closer proximity to its key automotive customers across the Southeast. Founded in 2012, and headquartered in Warren, Mich., Avancez specializes in complex modular assembly, sequencing and other supply chain operations for automotive original equipment manufacturers (OEMs). Upon completion of the project, Avancez will employ more than 4,000 people between its locations in U.S. and Canada. Avancez is the second automotive tier 1 supplier to announce its plans to locate in Tennessee since July. With investments from companies like Avancez, the state continues to make significant strides in electric vehicle (EV) manufacturing.