Tennessee Gov. Bill Lee and Department of Economic and Community Development Commissioner Bob Rolfe announced that Zeus Industrial Products, Inc. will invest $11.25 million to expand its Chattanooga operations and create 54 jobs over the next five years.
Zeus has acquired and will renovate a 140,000-square-foot facility at 3600 Cummings Road in Chattanooga, where it will relocate its Hamilton County operations.
Zeus manufactures precision polymer extrusions and custom tubing used in a wide variety of industries. 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.
Since 2014, the Chamber has supported 98 economic development projects in the region, resulting in more than 11,000 job commitments and nearly $3.5 billion in capital investment.
“Zeus’ expansion continues to grow the health care industry in our region – one of our target industries for economic growth,” says Charles Wood, Vice President of Economic Development at the Chattanooga Chamber of Commerce. “We’re glad Zeus is repurposing an existing manufacturing building for high-tech operations and growing jobs in the Chattanooga region.”