Confluent Medical, a high-performance medical tubing manufacturer, plans to invest $8.3 million in Chattanooga and create 80 new jobs.
Will Chattanooga draw new business expansion away from Nashville and Middle Tennessee?
Chattanooga, TN – Medical manufacturer, Confluent Medical, is planning on moving into a 46,000 square foot facility in the Centre South Industrial Park that used to house Mahindra Tractors.
“Confluent Medical has found the Chattanooga area an ideal location for us to grow into what we expect over time will be hundreds of jobs producing life-saving medical devices. The local talent pool of skilled workers is ideal for recruiting for these technical and manufacturing positions.”, said Doug Hutchison, Chief Commercial Officer of Confluent Medical.
Renovations on the facility will begin immediately in preparation for the new manufacturing operation to begin.
According to Confluent Medical, the manufacturer utilizes its materials science expertise to develop proprietary manufacturing technologies which produce implantable and life-critical medical devices for the world’s leading medical device companies.
Confluent Medical specializes in vascular implantable Nitinol, implantable textiles, balloon catheters and complex catheters.
Tennessee Department of Economic and Community Development Deputy Commissioner Allen Borden explained that you must provide a good environment for companies to do business in order to bring these companies in.
“That includes having a low-cost business climate which the state of Tennessee enjoys. It also has to do with livability and lifestyle and certainly the Chattanooga area, Hamilton County area has what I would say a very strong livability section at a very moderate to low cost,” Borden said.
Some local legislators have expressed hope in that Chattanooga may continue to attract business expansion and job creation.
“It’s going to open the door I think to other people that are going to say what did they see in Chattanooga, maybe we ought to be looking at Chattanooga instead of a high cost area like Nashville or Middle Tennessee,” Senator Todd Gardenhire, (R-Chattanooga) said.
Since 2015, TNECD has supported nearly 50 economic development projects in Hamilton County, resulting in 7,200 job commitments and nearly $2 billion in capital investment.