Spectrum Corp. will invest $1.8 million to expand its Selmer, Tenn., facility, adding warehouse space and creating 26 new full-time jobs.
We acquired 10.4 acres and 55,500 square feet of warehouse space where we intend to install additional packaging lines, Spectrum President and CEO Kent Farmer told Lube Report. Its adjacent to our current property, which is fantastic because we can run pipes next door. So were very excited about it. It provides opportunities to increase our employment over there. The company is based in Selmer and currently has 200 employees.
Spectrum is an independent blender and packager of specialty lubricants including two-cycle engine, bar and chain, small engine and hydraulic oils. The company serves the outdoor power equipment, lawn and garden and agricultural markets, and the marine and automotive aftermarkets. Spectrum sells its specialty lubricants nationwide and internationally.