Microtherm, a subsidiary of Belgium-based Etex Group that manufactures specialty insulation for high temperature processes, plans to invest $3 million to establish its new manufacturing facility in Maryville, Tennessee, creating 40 jobs in Blount County.
Microtherm saves energy, controls heat and reduces greenhouse gas emissions in petrochemical plants, molten metal processing and power generation systems including fuel cells, solar, nuclear and traditional fuels. The plant will also facilitate the U.S. distribution of Promat products used as fire protection for marine, tunnel and building construction.
The Maryville facility, located in Partnership Park South, is scheduled to be operational this summer. The new jobs will include administrative, manufacturing and maintenance positions. Microtherm currently operates a facility in Alcoa, but will move production to the new, 50,000 square-foot plant to allow five different lines of operations to run at full capacity.