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.




Autumn Witt Boyd Named To Mid-South Super Lawyers

Autumn Witt Boyd, founder of The Law Office of Autumn Witt Boyd, has been selected to the 2018 Tennessee Super Lawyers list as a Top-Rated Intellectual Property Lawyer, Rising Star.  Ms. Boyd also hosts the Legal Road Map podcast, which teaches business owners about the legal issues they may face as they grow a profitable and sustainable business.  Season Two of the ... (click for more)

TBA Selects Attorneys For Leadership Law Class

The Tennessee Bar Association (TBA) announces that 30 attorneys from across the state have been selected for its 2018 Leadership Law program. Now in its fourteenth year, Leadership Law is designed to equip Tennessee lawyers with the vision, knowledge and skills necessary to serve as leaders in their profession and local communities. The class will meet for its first session ... (click for more)

Man Barges Into Woman's Home In MLK Neighborhood; Tries To Rape Her; Photos Of Suspect Released

Chattanooga Police said a man barged into a woman's home in the MLK Neighborhood around noon on Tuesday and tried to rape the woman.   Police said, "The victim was followed by the suspect into her residence where the victim was then attacked. The suspect at that time attempted to rape the victim and then fled the scene."   The victim then called the Chattanooga ... (click for more)

Moccasin Bend Resident Asks City To Move Police Firing Range So He Can Open Bed And Breakfast Inn

A Moccasin Bend resident is asking the city to move a police firing range from off the historic Bend so he can open a bed and breakfast inn. Steve Holmes also said the move needs to take place because the new Moccasin Bend National Park is set to begin implementing its management plan early next year. He said the park should bring 250,000 visitors to Chattanooga each year with ... (click for more)

Current Republican Tax Plan Will Add To The National Debt

Independent tax experts agree that the Republican tax plan will add over $1 trillion to the national debt, even accounting for economic growth.  Adding to the national debt during good economic times doesn’t seem smart to me. The time for adding anything to the national debt is during a major war or when the economy needs more government spending to stimulate it during a ... (click for more)

Roy Exum: The Top Of My Desk

I am always pleasantly amused when people ask me how I can come up with something different to write about each day. The truth is that it is a rare day indeed when there isn’t something I want to share. As I sat down at my desk yesterday and looked about, I laughed at myself because there were several stacks each worthy of a story so please allow me to present “the best of” the ... (click for more)