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400 new jobs are coming to Tennessee

NEW YORK (CNNMoney) -- A new plant by a Finnish tire company is set to bring 400 jobs to Tennessee.

Nokian Tyres said it expects to break ground next year on a plant in Dayton, Tennessee, about 40 miles north of Chattanooga. It will be the company's first North American plant, and is due to open in 2020.

"It's our goal that the new plant will help us better serve our growing customer base throughout the U.S. and Canada," said Tommi Heinonen, head of Nokian Tyres North America.

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