Officials announced Tuesday afternoon that M&M Industries is investing $42 million to expand its Chattanooga operations with an additional location, which will mean 110 new jobs for the area.
“The growth of M&M Industries is not only a great story about manufacturing, but a great story about entrepreneurship,” Hamilton County Mayor Jim Coppinger said in a prepared statement.
M&M Industries is a Hamilton County-based manufacturer of injection-molded plastic pails, buckets and lids with child-resistant locks.
The company will invest nearly $3 million for renovation and nearly $24 million for machinery and equipment at the new site, formerly a Millennium Packaging facility, according to a news release.
In addition, the Hamilton County Rail Authority designed a new rail spur for the plant.
“Chattanooga is great for us,” President and CEO Glenn Morris said in a prepared statement. “The city, county and state economic development teams more than talk the talk. They meet you openly and help a company at every stop along the way. Chattanooga is a strong community of great people, and it just makes sense for us to expand here.”
In addition to more than 85 employees at a Phoenix plant, M&M employs nearly 300 people at its Lookout Valley facility and will invest more than $15 million in that location as part of the expansion.
Mayor Andy Berke also praised the expansion.
“When a local company expands here, it puts more money in the pockets of Chattanooga families and contributes to our local economy,” Berke said in a prepared statement. “The creation of more than 100 jobs is a great addition to the revitalization of Highland Park and will provide opportunities for workers in our community.”
Morris’ father, Glenn Morris Sr., established M&M in Chattanooga in 1986 after he began packaging over-the-counter remedies in 1963. He held more than 44 patents, including several for child-resistant containers, and was inducted into the UTC Entrepreneurship Hall of Fame in 2005 alongside U.S. Sen. Bob Corker.
EPB and TVA were valuable economic development partners on this expansion project, according to a news release.
Apply for positions with M&M Industries here.