ITT Goulds Pumps Announces $31 Million Investment in Memphis, Tennessee

ITT Goulds Pumps, a leading manufacturer of industrial pumps, plans to invest $31 million to establish its first Tennessee location in Shelby County, creating 57 new jobs through a new manufacturing and distribution center at 5633 Mineral Wells Road in Memphis.

The project will expand the company’s operational capacity to support continued business growth, improve product availability and meet rising customer demand across North America. ITT Goulds Pumps currently operates a distribution center in Southaven, Mississippi, that has outgrown its existing capacity.

“ Our expansion in Memphis reflects the continued growth of ITT Goulds Pumps and our long-term commitment to this community,” said Hamdy Salem, president of ITT Goulds Pumps. “This investment strengthens our operational capabilities, expands our capacity to support future growth, and enhances our ability to serve customers across North America. We are proud to invest in Memphis, create new job opportunities and contribute to the local economy as we continue to grow our business.”

Tennessee Governor Bill Lee welcomed the investment, highlighting the state’s business environment and the employment opportunities the project will bring to Shelby County.

“With access to rail, interstate highways, air and waterways, Memphis is the perfect spot for ITT Goulds Pumps’ new manufacturing and distribution center,” said Stuart C. McWhorter, deputy governor and commissioner of the Tennessee Department of Economic and Community Development. “Furthermore, I’m proud to see a nearly 180-year-old company choose to call Tennessee home, proving that our efforts to make Tennessee the best place to bring your business continue to be successful.”

Founded in 1848 in Seneca Falls, New York, ITT Goulds Pumps became the world’s first manufacturer of iron pumps. Today, the company serves a broad range of industrial markets, including energy, mining, power generation, chemicals, pulp and paper, water and wastewater, and general industry. It is part of ITT Inc.’s Flow Technologies segment, which operates within a global organization employing more than 11,000 people.

Memphis’s strategic transportation infrastructure and established logistics network were key advantages for the expansion. The new facility is expected to strengthen the company’s ability to manage inventory, support customers and accommodate future business growth.

Local and regional economic development partners welcomed the announcement, citing the investment as a boost to employment opportunities, the local tax base and the region’s industrial competitiveness.

Shelby County and Memphis officials also emphasized the role of collaboration among public agencies, workforce development organizations and economic development partners in attracting new investment and supporting business expansion.

The project underscores ITT Goulds Pumps’ commitment to strengthening its operational footprint and positions Memphis as an important addition to t