Visionary Solutions Grows into WestBridge Property
A homegrown company and former tenant of the county’s small business incubator, Visionary Solutions, is proud to announce an expansion to the WestBridge Business Park in West Knox County.
The minority-owned company provides materials transport services for a number of clients in East Tennessee and currently employs approximately 78 people with plans to add more within the next 1 ½ years. Over the past 18 months, Visionary Solutions has worked with Doug Minter, the Knoxville Chamber’s business development manager to find space that will allow his business to grow.
“It’s herculean. We started out in a one-room incubator space and we moved into a 15,000 square foot space. Now we’ve got 9 acres,” Cavanaugh Mims, Visionary Solutions founder and owner said.
Visionary Solutions purchased 2553 Quality Lane, a piece of property in WestBridge. The space formerly housed the 84 Lumber Truss Plant and was privately held prior to the sale. The move is a great example of the Chamber’s on-going efforts to help existing businesses thrive in the Innovation Valley.
Mims is anticipating the purchase will amount to more than $3 million in capital investment, with an initial investment of $1 million. As the corporate headquarters, Mims also anticipates a number additional jobs will be added over the next several years as the move allows the company to triple its office space.
“Cavanaugh and Visionary Solutions are the poster child for what we try to do when it comes to business retention and expansion at the Chamber,” Doug Minter, the Knoxville Chamber’s business development manager said. “Visionary Solutions has shown the dedication to not only start a business that delivers great value to its clients, the company is now giving back and helping other start-ups in the area.”
A mentor in the Knoxville Chamber’s mentor/protégé program, Mims is sharing office space with Quality RX Returns, a protégé in the program. The Chamber’s mentor/protégé program pairs start-up business owners with established business leaders in the community. Since it’s inception three years ago, participants in the Chamber’s mentor/protégé program have seen more than $30 million in local economic impact and the creation of several dozen new jobs. The mentor/protégé program is a component of the Knoxville-Oak Ridge Innovation Valley regional economic development initiative.
“To whom much is given, much is required. Somebody had to help us get to where we are now. We’ve opened ourselves up to new opportunities and sometimes joint ventures can be a lot more opportunity than just going alone,” Mims said.
Mims expects to be moved into their new facility in May.