The fire erupted around 9:45 p.m. at the S Bravo Systems manufacturing plant in the 2900 block of Vail Avenue, close to Vail High School.
When firefighters arrived, they saw flames shooting through the roof. It took them nearly four hours to extinguish the flames, but extensive damage had already been done.
No injuries were reported.
According to a statement from the company, no one was inside working at the time of the fire. The company said the fire department confirmed there are no toxic smoke concerns that would impact neighboring businesses.
"S Bravo Systems is committed to cooperating with local authorities to ensure there is no danger to the community," read the company statement.
The company said it will be using its facilities in Lexington, Tennessee, in the meantime.
The cause of the fire remains under investigation.