Deal Could Be Near On Leasing Cumberland Mold Building
Tuesday, July 27, 2010 3:26 pm
A meeting of the Cannon County Industrial Development Board has been called for Thursday at 6 p.m. at the courthouse.
"We will be discussing the Cumberland Mold Building and the company interested in leasing the building," County Executive Mike Gannon said. "We hope to reach a gentlemen's agreement with them during the meeting."
The business is THC/Select, which currently has facilities in Waverly, Tennessee and Sarasota, Florida. It would move around 15 jobs to Cannon County initially should a deal be reached.
Representatives of the company have told local officials they are looking for a new location primarily because of damage which was done to their current facility in Waverly during the severe storms which hit the area in the Spring of this year.
The business looking to move from Waverly is THC/Select. Director of Operations Corbett Gibson told the IDB board Tuesday that the company is looking for a new home for two primary reasons.
THC/Select officials have also said they have had difficulty finding qualified workers in Humphreys County, where Waverly is located.
THC/Select has been in the food service industry specializing in the institutional market for the past fifteen years. Established in 1990, THC is a manufacturer and distributor of china and plastic products for the food service industry.
Utilizing its thermoforming and injection molding capabilities, THC offers a broad array of plastic goods to aid customers in the food service business, whether it is a hospital, a nursing home, a restaurant, or a convenience store.
It produces disposable plates; cups; tumblers; lids for foam cups, insulated mugs and bowls. THC is also able to offer reusable products through its injection molding capabilities such as trays, tumblers, insulated mugs and bowls, and plate covers.