American Colors Inc. will will invest $3.7 million to build a 30,000-square-foot manufacturing and research facility in the Gallatin Industrial Center to support growth at the company’s existing Lebanon location, the Tennessee Department of Economic and Community Development announced today.
In the process, American Colors will create 31 jobs in Sumner County. The company expects the new facility to be fully operational by the first quarter of 2015. The Gallatin facility will produce products for the composites, coatings, plastics and agricultural industries and will include a research lab housing chemists and technicians. American Colors is a manufacturer of liquid pigment systems and intermediates.
“Incumbent industry expansions are an essential element to help spur job creation in our state, and with nearly 45,000 Tennesseans employed within the chemicals and plastics sector, I am pleased to see American Colors add to that number,” ECD Commissioner Bill Hagerty said in a release. “I appreciate the company’s continued confidence in our state’s qualified workforce and for choosing to further invest in Tennessee.”
James Oram Wible, American Colors president and CEO, said the company's increased business and additional opportunities have required an increased production capacity in Tennessee.
“We look forward to creating a state-of-the-art facility in order to continue to provide superior colorants and dispersions to the composites and coatings industries,” Wible said.
In addition to its Tennessee facilities, American Colors has manufacturing locations in Sandusky, Ohio, and Shanghai, China.
Former Bee Gees member Barry Gibb and wife Linda have sold the Hendersonville property that Johnny Cash and June Carter owned for more than 40 years, according to The Tennessean.
Lakehouse Holdings purchased the property, located at 200 Caudill Drive, for $2 million, according to the Sumner Country Register of Deeds, the morning daily reported Tuesday.
In January 2006, Gibb purchased the property in January 2006 with the goal of having its house be a songwriting retreat. However, a fire destroyed the home, while under renovation, in April 2007.