Zeus Industrial Products Expands Chattanooga, Tennessee, Facility
10/14/2019
The company acquired and will renovate a 140,000-square-foot facility at 3600 Cummings Road, where it will relocate its Hamilton County operations.
In 2018, Zeus acquired Chattanooga-based MWC Technologies, a manufacturer of polymer extrusion products used in the medical industry. Zeus operates 11 facilities in the U.S., Europe and Asia, and employs more than 1,700 worldwide.
“With the purchase of MWC Technologies, Zeus gained important capabilities that fit nicely with our product strategy. The unique advantages we created helped grow demand for our existing products and expand our portfolio with new solutions. However, for production to keep pace with this growth, we needed a larger facility. By purchasing the Cummings Road property, Zeus can scale its production as needed to meet the requirements of a growing product portfolio and customer base. We are excited for this latest investment in our Tennessee operation and look forward to expanding our business even more in the years ahead,” said Steve Peterson, President, Zeus Industrial Products, Inc.
“Tennessee’s existing businesses are vital to the health of our state’s strong economy, and I’m pleased to see Zeus expand its presence in Chattanooga. Zeus’s significant investment is great news for Hamilton County, and I look forward to seeing how it will improve the lives of our residents,” said Governor Bill Lee.
“We’re committed to making sure Tennessee is a great place for companies to create quality job opportunities. This expansion by Zeus underscores the ripe business environment we’ve fostered in Tennessee. I’d like to thank Zeus for its commitment to invest in Chattanooga and create valuable, family wage jobs for our residents,” TNECD Commissioner Bob Rolfe said.
“Hamilton County has a history of expanding businesses over the last nine years. Almost 60 companies have made the decision that Hamilton County is the place to grow their business. We are thrilled that we can now count Zeus Industrial Products, Inc. as another company that understands we have a talented workforce and economic development partners more than willing to work together to ensure their success. We look forward to working with Zeus in the months to come to make sure this Lookout Valley transition goes smoothly and will lead to increased success for Zeus,” Hamilton County Mayor Jim Coppinger noted.
Project Announcements
PEAK Precision Manufacturing Plans Bowling Green, Kentucky, Operations
07/26/2024
Italy-Based Sipcam Agro USA Upgrades Wayne County, Mississippi, Operations
07/26/2024
Cleveland-Cliffs Plans Weirton, West Virginia, Operations
07/26/2024
IDEXX Laboratories Plans Wilson, North Carolina, Production Operations
07/26/2024
Germany-Based Ritz Instrument Transformers Plans Waynesboro, Georgia, Operations
07/26/2024
AirJoule Plans Newark-Wilmington, Delaware, Operations
07/26/2024
Most Read
-
19th Annual Area Development Gold and Silver Shovel Awards
Q2 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The CHIPS and Science Act will bring jobs back to the United States
Q2 2024
-
The Bring Your Own Energy (BYOE) Party Is Starting
Q2 2024
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
How to Overcome NIMBYism in Data Centers
Q2 2024