Tennessee Economic and Community Development Commissioner Bill Hagerty, on Wednesday, June 18, joined CLARCOR Inc. officials as they announced the company will acquire a 62,250 square foot structure in Columbia to create a state-of-the-art global research and product development resource to be known as the CLARCOR Innovation Center. CLARCOR, a global provider of filtration products, systems and services, will invest in excess of $10 million and create 35 new jobs across its two Middle Tennessee locations over the next five years.
Located just 30 miles from CLARCOR’s corporate headquarters in Franklin, the Innovation Center will house a staff of research scientists and engineers, along with the company’s Advanced Filtration Solutions group.
“Tennessee is a leader in total R&D expenditures, ranking eighth in the U.S., and far outpacing nationwide R&D intensity growth by 30 percent in a 10 year period. “In addition to our favorable central location and business-friendly environment, Tennessee offers R&D-driven companies the opportunity to partner with globally recognized, Tennessee-based institutions to bring the next state-of-the-art concept to fruition. CLARCOR is an exceptional corporate citizen, and I appreciate CLARCOR’s management for their vision and for their decision to continue the company’s investment in Tennessee. Importantly, we applaud the high-wage jobs CLARCOR provides for our qualified workforce,” Hagerty said.
“The creation of the CLARCOR Innovation Center is consistent with our vision to complement the technical teams of our operating companies with capabilities that drive our new product introduction to best in class in the filtration industry. “This also allows us to realize our mission to provide filtration solutions to our companies and customers through a focus on unique media, innovative processes and differentiated products that bring increased value to our customers, employees and shareholders. We deeply appreciate the State of Tennessee Department of Economic and Community Development, the Tennessee Valley Authority, and Columbia and Maury County public officials for their support in making this acquisition possible,” CLARCOR Chairman, President and CEO Christopher L. Conway said.
“The city of Columbia is very excited to see that CLARCOR is coming to our community. “This is a project that will benefit our citizens and workforce, and we want to do everything possible to make this operation successful. Our door will always be open, and we are just a phone call away,” Columbia Mayor Dean Dickey said.
“Maury County is elated to have CLARCOR locate here. “This is the type of business we have been aiming to locate in our community, and we are thankful for the jobs CLARCOR is creating for area citizens,” Maury County Mayor James Bailey said.
“TVA and Columbia Power and Water Systems congratulate CLARCOR on its decision to locate a new research facility in Columbia. “We are glad to be partners with the state of Tennessee, the Maury Alliance and city of Columbia and Maury County officials to assist companies like CLARCOR to create new jobs and economic prosperity in the community,” John Bradley, TVA senior vice president of Economic Development, said.
CLARCOR is based in Franklin, Tennessee and is a diversified marketer and manufacturer of mobile, industrial and environmental filtration products and consumer and industrial packaging products sold in domestic and international markets. Common shares of the Company are traded on the New York Stock Exchange under the symbol CLC.