Area Development
IBI Power is establishing a new manufacturing site in Chattanooga, Tennessee, creating 60 jobs and investing $5 million, the Chattanooga Times Free Press reports. The company, which produces generator enclosures for hospitals and data centers, occupies a 50,000-square-foot site.

"If we service the Midwest or East Coast, Chattanooga is a hub," said IBI's Brandy Gamble.

The company serves industries including power packaging and integration, renewable energy, gas and oil, mining, transportation, and food processing. IBI provides green solutions for power packaging.