Chattanooga, TN (Sept. 20, 2010) - IBI Power, a custom power packaging and integration solutions provider headquartered in Caldwell, Idaho, will locate its expansion to the Southeast in Chattanooga. The expansion represents an investment of $5 million and will create at least 60 new jobs.
IBI manufactures metal generator enclosures, metal equipment centers that hold electronic switchgear components and metal battery housings and control buildings, among other products.
"IBI is pleased to announce that we will locate in Chattanooga to better serve customers and potential customers east of the Mississippi River," said Tom Weissenbuehler, IBI chief operating officer. "This region boasts numerous companies in the metal industries, a skilled workforce and a superior transportation network – all important considerations in our decision to locate here."
IBI will locate in a 50,000-square-foot section of the Energy Resources Group facility at 200 Compress Street, next door to Southern Champion Tray.
"This project was highly competitive with a serious bid for the expansion coming from north Georgia," said Chattanooga Mayor Ron Littlefield. "We are delighted that Chattanooga was chosen for the IBI headquarters in the Southeast, and we are justifiably proud of our community resources that attracted the company."
Hamilton County Mayor Claude Ramsey expressed his appreciation to IBI for locating here and generating job growth. "I am always happy to announce a project that means more jobs and more prosperity for the community," Ramsey said. "And these new jobs pay the kind of wages that can sustain a family."
Trevor Hamilton, Chattanooga Area Chamber of Commerce Vice President for Economic Development, said IBI is one of a growing number of manufacturing operations that have expanded to Chattanooga in recent years. "Manufacturing will continue to be a cornerstone of the Chattanooga area economy," Hamilton said. "IBI proves that we can continue to compete for and win manufacturing projects."
IBI has assembled a dedicated staff of professionals -- including a full engineering and design team -- with a wide range of experience and expertise, according to Erlebach. The team includes:
• Licensed electricians experienced with NEC and CSA, giving IBI a full complement of electrical capabilities
• An engineering team that can custom-design tanks and enclosures that are standards-compliant for any project
• A team of fabricators and welders that are among the best in the world.
IBI serves the following industries – power packaging and integration, renewable energy, gas and oil, industrial, water and/or waste water, mining, transportation, military and food processing facilities.
"We offer the green solution for power packaging," said Dave Erlebach, IBI chief executive officer. "We meet or exceed 2008 California Green Building Standards, allowing us to serve even the most environmentally-sensitive customers."