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Pivotal Manufacturing Partners has purchased nearly 140 acres of land in Hawkins County, Tenn., within Phipps Bend Advanced Nuclear Plant. Concurrently, the real estate investment platform executed a long-term ground lease with polysilicon manufacturer Highland Materials, which plans to pour more than $1 billion into the development of an advanced manufacturing facility on a portion of the site.

Other development partners include the Tennessee Valley Authority, Hawkins County, Holston Electric Cooperative and the State of Tennessee.

Highland Materials chose the Phipps Bend campus due to its power infrastructure and strategic location that can support a large-scale manufacturing project. The upcoming facility is set to total 1.2 million square feet and will be used for purified silicon and aluminum master alloy manufacturing. Highland Materials’ project is expected to create more than 400 high-paying manufacturing jobs in the area.