Memphis, Tennessee is buzzing with excitement as a new chapter unfolds in the local economy. Just recently, a manufacturing powerhouse has made a splash in Southeast Memphis by purchasing a massive 787,000-square-foot facility that was once home to the American Snuff Company. Yes, you heard that right! The company, dubbed AAON, is gearing up to set up shop and bring with it a wave of employment opportunities.
So, who exactly is AAON? This company, based in Tulsa, Oklahoma, specializes in manufacturing thermal management equipment for data centers, and they’re no stranger to success. In 2023, they pulled in a whopping $1 billion in sales and employ nearly 4,000 people worldwide. Now, they’re ready to invest a staggering $238 million into Shelby County, which is excellent news for local workers.
The best part? AAON plans to bring a total of 828 skilled jobs to the Memphis area over the next five years! That’s right, 828 new positions up for grabs, which is fantastic news for anyone looking to work in the technology and manufacturing sectors. The average wage at the new facility is expected to be around $57,232, making it a pretty attractive option for job seekers.
As for what’s going to be produced at this impressive facility, it will be all about creating top-notch thermal management systems under the BASX brand. This includes everything from air-cooled systems and computer room air handlers to liquid cooling distribution units. These products are essential in keeping data centers running smoothly, especially as the demand for technological solutions continues to grow.
The factory isn’t quite ready to start cranking out products just yet, but you can expect some limited production to kick off in early 2025. Full operational status is anticipated in approximately 12 months, so it’s all happening soon!
Local officials are thrilled about AAON’s move to Memphis. City of Memphis Mayor Paul Young expressed that this expansion not only enhances the local economy but also places Memphis on the map as a competitive hub for quality jobs. “Building a robust recruitment pipeline requires strong relationships with both industry leaders and our economic development partners,” he noted. Exciting times are ahead!
Tennessee Governor Bill Lee also chimed in, welcoming AAON with open arms. He emphasized the importance of a skilled workforce and reassured that the state is dedicated to providing the necessary support for these new roles. “The state with the workforce wins the future,” he said, underlining the state’s commitment to fostering job creation.
But what does all this mean for the residents of Memphis? Well, the arrival of AAON is certainly poised to have a positive impact on the local economy. With new high-quality jobs coming to the area, it means more opportunities for families and individuals looking for reliable employment. Additionally, there’s potential for local businesses to see increased patronage as new workers move into the community.
In summary, Memphis is about to experience a lift in its job market with the arrival of AAON. The combination of manufacturing prowess, job creation, and economic investment has residents excited and hopeful for a brighter economic future. Memphis, get ready! Your locals are going to have new neighbors, new jobs, and new opportunities in the very near future!
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