Colonial Chemical, the surfactant product manufacturing company, will expand operations in New Hope, Tennessee. The company will invest $13.8 million and create 44 new jobs in Marion County over the next five years.
Located at 225 Colonial Drive, Colonial Chemical’s expansion will include renovations of its existing 25,000-square-foot warehouse and the addition of a stand-alone employee facility. The company will also construct a new R&D laboratory and tank farm, all of which is expected to be complete by 2025.
“This is a busy time at Colonial Chemical. In the past year, we have upgraded significant systems in our plant, added additional reactor equipment, and moved our administrative offices into a new building. We have outgrown our existing warehouses for storage, and we’ve needed additional loading bays for the increased traffic that’s pouring into our plant. The additional space will help meet our needs for the immediate future. We are grateful for the investment and trust of TNECD as we grow and provide economic strength in the Sequatchie Valley,” explained David Anderson, Jr., president, Colonial Chemical.
“We’re proud to celebrate Colonial Chemical’s expansion in Marion County. Southeast Tennessee’s business landscape continues to grow due to the skilled workforce of our rural communities. I’d like to thank Colonial Chemical for creating new opportunities for the residents of New Hope and Marion County, Governor Bill Lee said.
Founded in 1988, Colonial Chemical is a specialty chemical manufacturing company and global supplier of surfactants used in personal care products, household cleaners and various industrial applications.
“Colonial Chemical has been a valued partner in Marion County for nearly 25 years, and this project will enable the company to support future growth. I congratulate Colonial Chemical on this expansion and thank the company for its continued commitment to Tennessee,” added Tennessee Department of Economic & Community Development Commissioner Bob Rolfe.