WOODBURY – THC Select, the embattled Cannon County company recently served an eviction notice by the town’s Industrial Development Board (IDB), is still up and running in Woodbury, and officials on both sides of the equation may soon meet to help mend the fences as a result of those recent actions
As reported in the March edition of the Upper Cumberland Business Journal, the IDB voted to evict THC Select in February after it failed to receive two months’ worth of rent payments, an amount totaling $11,000. THC Select says it was given an incorrect address to mail those payments, and a lack of communication between the two parties further exasperated the situation. THC Select has since remitted the rent; Corbett Gibson, THC Select’s vice president of sales, also said IDB president Randall Reid has requested an individual meeting between the two parties. As of press time, no date had been set. But the hope is the meeting can help “resolve some of the issues plaguing the relationship,” Gibson said.
Reid says the meeting will serve as a chance for the groups to catch up.
“As of today, THC Select is current with their rent and we are extremely excited about that,” Reid told the UCBJ. “We look forward to them being a long- term tenant. And we look forward to sitting down with them in the very near future and wishing them well.”
While THC, a plastic injection molding company, is still in operation, company officials said they are currently evaluating future options at the plant, including the “amount of presence to maintain in Woodbury.” Further updates will be provided as they become available.
