Roane Regional Welcomes EOD Technology Inc.
Friday October 24, 2008
Kingston, TN - Roane County officials gathered to welcome EOD Technology, Inc. (EODT) with a ribbon cutting on Friday, October 24. EODT's newest office and warehouse/distribution facility is now open in an existing building in the Roane Regional Business and Technology Park. The new facility houses some 60 professional level employees with an annual payroll of more than $3 million.
"The new space, tailored to suit our needs, will be used as EODT's corporate logistics hub and serve as office space for our domestic operations," according to Matt Kaye, EODT's CEO. "The flexibility it offers EODT will be a tremendous competitive advantage as we continue to expand our operations. East Tennessee is a good place to do business as we are proud to be a part of the growth Roane County is experiencing."
EODT is a global provider of munitions response, security, and critical mission support services. Headquartered in East Tennessee since its founding in 1987, the employee-owned firm has offices in Huntsville AL, Washington DC, Baghdad, Kabul, and Kuwait City. The firm has experienced significant growth over the past five years with more than 200 employees in East Tennessee.
With their headquarters in Lenoir City at capacity they needed additional space for their anticipated future growth. EODT is leasing part of a building - the first spec industrial building acquired in Roane Regional - purchased last year by Diesel Engine Parts.
According to Leslie Henderson, President and CEO of The Roane Alliance "the plan to lease part of the building, as the space was too large for Diesel Engine Parts needs, has proven to be a good fit for EODT and Diesel. EODT is a significant addition to Roane Regional Business and Technology Park."
David Webb, Chair of the Roane County Industrial Board (IDB) said "the IDB is very pleased to welcome EODT to Roane Regional and excited about the additional jobs and payroll they bring to our county's economy."
