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.



Hixson Dentist Awarded Tennessee Dental Association Fellowship

Dr. Michael R. Johnson, a Hixson dentist, received the prestigious Tennessee Dental Association (TDA) Fellowship Award during the recent Music City Dental Conference held in Nashville, the 149th annual meeting of the TDA. The Fellowship Award is presented to no more than twelve deserving Tennessee dentists each year who make noteworthy contributions of their time and talent toward ... (click for more)

James Appointed Chief Medical Officer Of BlueCare Tennessee

Dr. Jeanne James has been named vice president and chief medical officer of BlueCare Tennessee, the Medicaid managed care subsidiary of BlueCross BlueShield of Tennessee. Dr. James will oversee and guide medical policy for BlueCare Tennessee, and provide clinical direction on programs to improve health for members. “We are fortunate to have someone with Dr. James’ expertise ... (click for more)

CBL & Associates Stockholder Accuses Chattanooga-Based Mall Owner Of Security Fraud

A stockholder of CBL & Associates is suing the Chattanooga-based mall owner in Chattanooga Federal Court, claiming its officials artificially inflated the value of the company's stock. Tommy French, of Baton Rouge, La., brought the action against CBL, President Stephen Lebovitz and Vice President Farzana Mitchell. He claims that CBL officials made false and misleading ... (click for more)

Carmody Found Guilty Of First-Degree Felony Murder; Sentenced To Life In Prison

Patrick Carmody was sentenced to life in prison after being found guilty of first-degree felony murder and especially aggravated robbery in Judge Barry Steelman’s courtroom on Friday. He was charged with the slaying of 21-year-old Chance LeCroy on Sept. 9, 2010. The state’s account of the incident claimed that Carmody, Ronald Pittman, and Billy Bob Partin traveled ... (click for more)

Case Handled Like Any Other? - And Response

It is interesting that Chief Fletcher would deem the handling of the Mayor's encounter as typical or normal. Is the Chief asking the public to believe that all misdemeanor domestic violence arrests include a 4-hour taped interrogation, and delayed reporting after a visit to the Chief’s house. Of course, we believe that Chief Fletcher. April Eidson * * *  I ... (click for more)

Roy Exum: The Best Speech This Year

Just 24 hours after Donovan Livingston gave The Student’s Speech at Harvard University’s Graduate School of Education convocation on Wednesday, it had been viewed over 3 million times and shared 75,000 times on Facebook. It is already considered, far and away, as the freshest view on race and education in ages and its viral journey is burning across the Internet. His talk was ... (click for more)