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Features Business & Finance

Local Officials gather at the site of the former Whitley Plant last Thursday to officially welcome the new company, Franklin Tubular Products Inc.

The new company, owned by Tricorn Group which is based in the United Kingdom, specializes as a manufacturer of manipulated tubular assemblies.

The company purchases the Whitley operation, saving nearly 100 jobs. Over the next three years, Franklin Tubular Products stands to bring 30 additional jobs to Macon County and invest $4 million in operational costs.

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The Franklin Chamber of Commerce recently held a ribbon cutting at Dustin Chitwood’s State Farm Insurance office located at 129 Commons Drive.

Chitwood has twelve years of experience in the insurance industry and was in the corporate office at State Farm before opening his own office here in Franklin. “We are proud to offer over 45 years of combined insurance experience to the folks of Macon County” said Chitwood.

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Whitley Products Inc. looked as though it could be closing its doors for good just a week ago. Quick action and dedicated local officials were able to stop that from happening and now Tricorn Group PLC, a holding company for a group of companies that develop and manufacture pipe solutions for international sale, has officially acquired the Franklin facility, business and certain assets of the plant. The company, which is based in the United Kingdom, will open Franklin Tubular Products Inc., a manufacturer of manipulated tubular assemblies in Macon County according to a press release from the Macon County Economic Development Commission released this week.

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Last Friday about 40 mobsters raided Roomful of Nuts on the Georgia Road all with one goal in mind: To spend $20 cash in order to offer the locally owned business a quick financial incentive.

"Cash Mob Franklin had our biggest cash mob to date, and we couldn't be happier with the impact we are making on our local business community and economy,” said Venture Local member Matt Bateman.

As part of being selected as Venture Local's cash mob victim, Roomful of Nuts pledged to “pay it forward” by donating a check for $150 to REACH of Macon County.

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published: 10/18/2013
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