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.
Trillium CNG officials announced today the company has opened its first public access fast-fill compressed natural gas fueling station in Nashville.
Located at the Pacific Pride station at 402 N. First St., north of LP Field, the station will serve as the primary Southeast fueling location for Green Bay, Wisconsin-based Paper Transport's 100 vehicle natural gas powered fleet.
The facility is the third CNG station in Nashville, joining those of Piedmont and Waste Management.
"We recognized the need to offer customers a cleaner, more cost-effective fuel alternative and are pleased to partner with Trillium CNG on the opening," Rob Jewell, vice president for Tri Star Energy, which owns the Pacific Pride station, said in a release. "CNG fleets travelling these corridors — as well as local fleets — now have a conveniently located option open 24 hours a day, seven days a week."
Trillium CNG is headquartered in Chicago.
The environmental benefits* of natural gas fuel are myriad, including approximately 20-25 percent reduction of greenhouse gas emissions, up to 50 percent reduction in nitrogen oxide emissions, 70-90 percent reductions in carbon monoxide emissions and 67-94 percent lower in particulate-matter emissions.
According to Citi Research** the natural gas adoption rates by commercial trucks will be constrained by the lack of infrastructure and are estimated to be in the 5-15 percent range over the next five years. Much of the growth will come from dense freight corridors near major population centers. In the next two years, it is estimated that 150 – 200 public access CNG stations will open nationally, with as many as 400 stations per year opening from 2016 – 2020.