Sevier County announced two major business expansion projects Friday totaling $19.5 million. These two projects will create approximately 168 jobs over the next few years.
Parker Trutec and KaTom Restaurant Supply have both announced extensions to Kodak. With quick access to Interstate 40, Kodak and other areas of East Tennessee continue to attract manufacturing and distribution facilities.
KaTom will invest $7.5 million in its Kodak warehouse distribution center. The investment will be used to build a 100,000 square foot expansion to its warehouse and create 120 new jobs over the next five years.
“We are the American dream,” KaTom founder and CEO Patricia Bible said in a press release. “It will allow us to expand our facilities, hire more amazing Tennessians, and serve many great customers across America from right here in beautiful Kodak, Tennessee.”
The expansion wasn’t supposed to happen for a few years, Bible told Knox News. KaTom’s sales are up 50% in 2021, she said, and the company is running out of space.
“We have no more room, we have no space – period. We are stepping on top of each other,” she said. “If you end up visiting the distribution center, you’ll realize, ‘please get it built quickly.'”
KaTom currently employs 200 people at its Kodak plant. It was founded in 1987 and has become one of the largest catering equipment suppliers in the United States.
The wholesale food service and equipment provider has been named to the Inc. 5000, which lists America’s fastest-growing companies, for 13 consecutive years.
Parker Trutec, a metal coating and heat treatment company, will invest $12 million in a new 54,000 square foot manufacturing and distribution facility in Kodak’s I-40 Industrial Park. The expansion will create 48 new jobs.
“As a local citizen working a lifetime in manufacturing, I am truly grateful for the opportunity to expand our operations in Sevier County,” Parker Trutec President Phil Whaley said in a statement. Press.
The location, Whaley said, is a strategic advantage for serving the company’s customers throughout the Southeast.
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“We are always thrilled when new businesses come to Tennessee and invest here,” said Allen Borden, deputy commissioner of business, community and rural development for the Tennessee Department of Economic Development. “But we’re actually more excited when big companies like Parker Trutec decide to continue investing in our state.”
Parker Trutec was founded in 1988 in Urbana, Ohio. It currently operates out of a factory in Sevierville and employs more than 500 people in its operations in Arkansas, Tennessee and Ohio.