Euclid Chemical Buys Former Imperial Cup Building

Monday, March 10, 2014

The vacant building that has stood just north of LaFayette on US27 for almost a decade known to locals as Imperial Cup has a brand new owner.  Euclid Chemical Company, known locally as PSI Fibers, of LaFayette has purchased the facility from the Rex Allen family. The building will become the manufacturer's new home and will hum with the sounds of manufacturing synthetic fibers used in various concrete applications.

“We are having to expand our operation due to a growing market for our product line,” said Director of Operations Grant Beasley. 

Euclid Chemical Company is owned by RPM International of Ohio. 

“This is something we have hoped for for near a decade,” said Walker County Commissioner Bebe Heiskell. “Guess its true that good things come to those who wait.”   

The company now employees about 30 laborers but looks to increase that number  significantly this summer once it settles into the building. 

"This is certainly a huge physiological boost for LaFayette because the building has sat empty for so long,” said Larry Brooks, executive director of the Walker County Development Authority. “We look forward to working with Euclid as it ramps up this new expansion.” 

The Imperial Cup Building was built over three decades ago and is most remembered for serving as the home of Imperial Bondware before the company was sold by the Allen family. Since that time, the building as served as warehousing for various companies like the Bluebird Bus Corporation that closed its LaFayette manufacturing operation in 2010. 

Euclid Chemical plans to announce publicly when it will begin its new hiring but explains that it will likely not begin until later this summer, as the new machinery won't be fitted within the building until then.



Cleveland To Receive $1,195,000 Loan For Water System Improvements

Governor Bill Haslam and Tennessee Department of Environment and Conservation Commissioner Bob Martineau Friday announced that seven communities and one Utility District have been approved to receive over $33.4 million in low-interest loans for water and wastewater infrastructure improvements, including Cleveland which will receive a $1,195,000 loan for water distribution system ... (click for more)

Tennessee Sees Significant Decreases In County Jobless Rates

Following the lowest state unemployment rate in nearly 20 years, Tennessee’s county unemployment rates for May 2017 have decreased in 94 counties and remained the same in 1, according to data released Thursday by the Tennessee Department of Labor and Workforce Development.  Davidson County has the state’s lowest major metropolitan rate at 2.1 percent, a decline from 2.7 ... (click for more)

Mae Beavers Hits New UT President For Reinstating Campus Diversity Office

Republican gubernatorial candidate Senator Mae Beavers expressed disappointment that the Chancellor of the University of Tennessee-Knoxville, Beverly Davenport, has announced plans to reinstate the Campus Diversity Office and hire a new director of the LGBT Pride Center. She said in May 2016 HB 2248 became law, which defunded the University of Tennessee’s Office of Diversity ... (click for more)

Wilkins Found With 2 Stolen Vehicles After Homeowner Catches Him In Break-In

Authorities said Jesse Lee Wilkins was found with two stolen vehicles after a resident on Thursday caught him stealing items from his residence on Cave Lane. Wilkins, 29, of 2906 E. 43rd St., was charged with aggravated burglary and two counts of theft over $1,000. When deputies arrived on a burglary call, they found Wilkins and the resident standing in the driveway. He said ... (click for more)

Exempt Volunteer Fire Departments From Procurement Policies - And Response (2)

The Hamilton County Commission just grouped a bunch of departments together in an attempt to reign in the CVB. I haven't spoken to any commissioners, but I truly believe it was unknowingly. By mandating that all non profits that receive 25 percent of their revenue follow county procurement policies, they might as well have padlocked all local volunteer fire departments. We expect ... (click for more)

Roy Exum: The Ghost & The Eclipse

So you don’t believe in ghosts, haints or spirits? And you don’t believe that smack in the middle of this August, it is going to be nighttime in the middle of the day? Then put on your seatbelt and sit next to me … First, the ghost. The 6 th Congressional District in the State of Georgia is in the northern part of Atlanta’s suburbs. It includes Roswell, Sandy Springs, Dunwoody ... (click for more)