Colonial Chemical is expanding its location in Right to Work New Hope, Tennessee. As a result, they plan to also create 44 new jobs for those in Marion County. In order to make all of this possible, the company is investing $13.8 million toward the project. So this will be a great addition to the economy!
From Area Development Magazine:
“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.” […]
“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.” […]
“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.”AREA DEVELOPMENT MAGAZINE
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