PVC pipe extruder Sanderson Pipe Corp. plans to open a new extrusion plant in Clarksville, Tenn.
The firm is finalizing plans for the plant, which will employ 70.
``By building a plant in Tennessee, it allows us to expand into new markets,'' said Tom Hiday, the Sanderson, Fla.-based company's controller, in a March 8 telephone interview.
President Barry King said the company is looking at proposals for either a 150,000-square-foot plant or a 190,000-square-foot plant in Clarksville.
In addition to a major stake in Sanderson Pipe, King also owns Houston-based PVC pipe extruder Texas United Pipe Inc. The new plant in Clarksville will create a geographic triangle between the three plants.
The new plant also will diversify the company's offerings, King said. ``We'll hopefully complement the other two facilities with what we can manufacture up there,'' he said.
The plant will cost about $25 million, with more than $1 million provided from local funds. King said the company and Montgomery County will share an additional $750,000 in grant money for upgrading the railroad infrastructure.
Hiday said Sanderson will start with four or five extrusion lines in Clarksville, and grow from there.
It is expensive, King said, to ship pipe, so expanding the company's manufacturing presence with another location seems the wisest course.
``Like in any business, if you don't expand, you die on the vine,'' he said.