WINFIELD, Tenn.—When Jerry and Diane Slaven first saw an available 54,000-sq.-ft. facility in Scott County, Tenn., roughly 13 miles from their main manufacturing plant, they knew they had found a second location where their company, JDS Technologies Inc., could grow into.
"Before we even left the building we basically had a gentlemen's agreement in place to first lease (then buy) the building," said JDS Technologies President Jerry Slaven, also a co-founder of the business with his wife Diane. "The building was expandable out to 108,000 square feet, and with our growth that was extremely appealing."
JDS Technologies ended up investing $2.2 million to establish that new manufacturing operation in the town of Winfield. It is there that the company plans to create roughly 110 new jobs over the next five years, nearly 90 of those in place by the end of 2018. It is the latest example of the rubber and plastics manufacturer's ongoing growth odyssey.
JDS received a tax abatement of $82,000 that will fund part of the renovation on the building.
On March 12, the official expansion announcement for JDS Technologies included Tennessee Gov. Bill Haslam and Bob Rolfe, Department of Economic and Community Development commissioner, signifying the importance of the company's role in the local economy. The company's growth also supports a statewide effort to address job opportunities in "distressed" counties in Tennessee.