A global pump manufacturer has plans to expand in Tennessee by opening a multimillion-dollar facility in Memphis.
New York-based IIT Goulds Pumps is looking to establish its first footprint in the state with plans to invest $31 million and create 57 new manufacturing and distribution jobs in Shelby County, according to a Greater Memphis Chamber news release.
ITT Goulds Pumps plans to occupy a facility at 5633 Mineral Wells Road, which will help the company expands its distribution, advanced warehousing and inventory management capabilities to serve major industrial, energy and water markets nationwide.
ITT Goulds Pumps currently operates a Memphis area facility at 8890 Commerce Dr., Southaven, MS. ITT Goulds Pumps chose Memphis to accommodate surging
customer demand across North America, a Greater Memphis Chamber news release said.
"Memphis is winning because our strategic advantages, world-class logistics infrastructure, and skilled industrial workforce are unmatched," Duncan Williams, interim president and CEO of the Greater Memphis Chamber said in a release.
"When a global industrial powerhouse like ITT Goulds Pumps chooses to bring $31 million and high-quality advanced manufacturing jobs to Shelby County, it signals clear market confidence in our region's momentum. We are proud to welcome ITT Goulds Pumps to the Digital Delta and stand ready to support their long-term growth as they build their future here."
ITT Goulds Pumps — which was founded in 1848 — is part of ITT Inc.’s Flow Technologies segment, bringing nearly two centuries of industrial innovation to the Memphis market. The company is touted as widely recognized and a respected brand in the global pump industry, while serving customers in the energy, mining, power, chemical, pulp and paper, water and wastewater and general industrial markets.
ITT Goulds Pumps is also an industry leader in both mechanical pump design and the adoption of smart technologies.
Corey Davis is the Collierville and Germantown reporter with The Commercial Appeal. He can be reached at Corey.Davis@commercialappeal.com or 901-293-1610.
This article originally appeared on Memphis Commercial Appeal: ITT Goulds Pumps manufacturer to open first TN plant in Memphis, bring jobs
