Under agreements with the State of Tennessee and Montgomery County, LG will receive support for construction, infrastructure improvements, job training and veteran recruitment. The project also includes incentives from the Tennessee Valley Authority.

The announcement of the new home appliance factory in Tennessee comes on the heels of the start of construction of the LG North American Headquarters in Englewood Cliffs, N.J., where LG broke ground earlier this month. That $300-million project is expected to increase LG's local employment there from 500 today to more than 1,000 by 2019.

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