Creative Foam Corp. plans to open its fifth plant early next year.
The company, based in Fenton, Mich., paid about $1 million to buy the 63,000-square-foot building in Athens, Tenn., and will open a fabricating facility there, said Jack Hammontree, director of McMinn County Development Authority in Athens. The authority had owned the property, building the spec structure a year ago, he said.
Creative bought a total of 12 acres, Hammontree said.
The firm plans to hire about 25 workers at first, with plans to hire as many as 75 eventually, he said. Creative Foam President Wayne Blessing did not return telephone calls seeking comment.
The firm mainly will serve the automotive industry from the site, which is located in a major automaking corridor. Creative Foam, with 2001 sales of about $84 million, fabricates cellular and noncellular foam for wind, dust and water seals and acoustical sound absorbers for the auto market.