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Area Development - Site Selection, Facility Planning and Workforce Development

Protomet Corporation Expands Loudon County, Tennessee, Manufacturing Center

06/27/2017
An engineering, manufacturing and technology company, Protomet Corporation will invest $29.3 million to establish a new facility in Loudon County, Tennessee. The company plans to create 200 jobs in the next five years.

The company will rehab a 224,000-square-foot building in Loudon, formerly occupied by Maremont Exhaust Products. Protomet’s Loudon facility will include manufacturing, engineering and R&D capabilities. The company anticipates the Loudon plant will be operational in the first half of 2018.

“Over the past year, we evaluated properties both inside and outside of Tennessee,” Jeff Bohanan, Founder & CEO, said. “The former Maremont facility in Loudon County was the right business decision for Protomet. Even though our plan had been to have a single campus in Anderson County, this was a fantastic option for our company, and it allows Protomet to remain entirely in East Tennessee. We will now have facilities in Anderson and Loudon counties, and land next to our current location that will allow for future growth if we need it. It’s a win for everyone involved.”

Since 1997, Protomet Corporation has been a world-class provider of engineering and manufacturing solutions and services. In addition to comprehensive design services, Protomet provides high-precision production, manufacturing and finishing for clients in a variety of markets, including the marine and boating, automotive, homeland security, industrial, energy and power sectors.

Four years ago, Protomet more than doubled the size of its Oak Ridge operations when the company opened a $10 million plant expansion that included 22,000 square-feet of new space and high-tech automated manufacturing equipment. The latest expansion in Loudon County is driven by new demand for Protomet’s products and the need for additional manufacturing and production capabilities, local officials said. In recent years, Protomet has introduced a new line of boating and marine products under the PTM Edge Watersports brand.

“The City of Loudon is proud to locate this high precision metal fabrication manufacturing facility to our community,” Loudon Mayor Jim Greenway said. “This new industry will revitalize an existing building that has been sitting vacant in previous years. These quality jobs will provide numerous opportunities to those living in Loudon County. It is with great honor to welcome Protomet to our community.”

Governor Bill Haslam said, “East Tennessee’s advanced manufacturing and engineering base continues to grow considerably and the creation of 200 new jobs by Protomet brings us closer to making Tennessee the No. 1 location in the Southeast for high quality jobs.”

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