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Plastics / Composites

 


Plastic companies


The plastics industry in East Tennessee continues to grow.  Commercial demand in the automotive and medical industries combines with technological expertise in materials science at Oak Ridge National Laboratory and the University of Tennessee.  More than 50 companies thrive in the region, employing more than 2,500 and tapping an existing network of raw materials suppliers in the region.  Methods of production include blow molding, injection molding, and extrusion.  Product categories include:

  • Automotive parts
  • Consumer goods
  • Furniture
  • Medical supplies
  • Office supplies

Composite materials are rapidly becoming a mainstream technology and material of choice within many industries, from aerospace to wind energy.  Continued recovery in the automotive, construction and marine industries is increasing the need for composite materials.

The automotive industry particularly, with the necessity of improving fuel efficiency and vehicle durability while reducing maintenance costs, is becoming more dependent on plastic and composites.

Business Climate  
Pro-business environment - Favorable business tax climate consistently in the top 1/3 of U.S. states

  • Attractive state, local, and utility incentives for new job creation and capital investment
  • State taxes ranking among the nation's lowest 
    • No state property tax 
    • Competitive corporate taxes 
    • Available targeted jobs tax credit
  • Competitive gas, water, and sewer rates   
    • Electricity generated by the Tennessee Valley Authority at rates 13% below the U.S. industrial average 
    • Electricity reliability at 99.999% since 2000
    • Abundant water supply
    • Gas by East Tennessee Natural Gas
  • Available Buildings and Sites
    • Building costs 19% below the national average (RSMeans Construction Index 2014) 
    • Competitive lease rates
  • Right-to-work state

Workforce

  • Flexible, growing workforce of 550,000 in 15-county region
  • Workforce of 780,000 in 32 laborshed counties
  • Manufacturing workforce of 49,000 at costs 8% below the U.S. average
  • More than 5,000 engineers
  • Customized workforce training
  • Transferable skill sets
  • Competitive workers compensation rates
  • FastTrack Job Training Assistance Program with training to quickly provide skilled workers
  • Four Technology Centers and three community colleges in region

Accessibility 

  • Located at juncture of three major interstates: I-40, I-75, and I-81
  • 70% of the US market within a day's drive
  • Excellent access to existing network of raw materials suppliers
  • Rail service by Norfolk Southern, CSX, and local short-line railroads
  • Barge service on the Tennessee-Tombigbee Waterway System
  • Regional airport offers more than 120 flights daily to 18 major U.S. destinations
  • US Customs Port of Entry and Foreign Trade Zone designation
  • Easy access to deepwater ports on the Atlantic and Gulf coasts

Technology

  • Home of the Knoxville-Oak Ridge Technology Corridor
  • Access to technology research at the Oak Ridge National Laboratory (ORNL), the world's premier laboratory in advanced materials
  • 16 user facilities across multiple disciplines




East Tennessee plastics manufacturing




East Tennessee plastics and composites




East Tennessee plastic manufacturing