# StonePeak completes $70M expansion for gauged porcelain panels in Tennessee

StonePeak, part of Iris Ceramica Group, has completed a $70 million expansion at its Crossville, Tennessee plant to produce 5' x 10' gauged porcelain panels, the first such facility in the US. The expansion adds 160 workers and can produce 1000 panels per day at peak.

- Type: Expansion
- Announced: 2018-09-12
- Where: Crossville, Tennessee, United States
- Value: $70.0M
- Jobs: 160
- Starts operating: May 2018
- Status: completed
- Capacity: 1000 panels per day
- Products: gauged porcelain tile panels
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Stonepeak](https://endata.com/companies/13278.md)
- [Iris Ceramica](https://endata.com/companies/34280.md) (investor)

## Sources

- [tileletter.com](https://www.tileletter.com/stonepeak-gauged-porcelain-plant/), 2018-09-14: "The $70 million expansion adds 160 workers to the facility, which now measures 1 million square feet."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.