ITT Inc. Opens New Goulds Pumps Facility in Memphis
The industrial pump manufacturer is investing $31 million into a new distribution and production center in Tennessee.
Updated on Oct. 20, 2026 in Manufacturing
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ITT Inc. has officially established a new manufacturing and distribution center for its Goulds Pumps division at 5633 Mineral Wells Road in Memphis. The expansion project represents a $31 million investment into local infrastructure.
Why it matters
The company launched the new site to address capacity constraints at its existing distribution operations in Southaven, Mississippi. This move allows the firm to better support its production and warehousing needs.
The project represents a $31 million capital investment and is expected to create 57 new jobs in the Memphis area. The facility is located at 5633 Mineral Wells Road.
The players
ITT Inc.
A global manufacturing company headquartered in Stamford, Connecticut, that produces highly engineered industrial components.
Goulds Pumps
A division of ITT Inc. specializing in the production of engineered pumping solutions for diverse industrial applications.
The details
ITT Inc. will occupy an existing structure to house manufacturing, distribution, and inventory management for its engineered pumping solutions. This expansion follows growth requirements that could not be met by the brand's limited space in nearby Southaven.
Timeline
October 19, 2026: ITT Inc. announced the $31 million project.
1848: Goulds Pumps was founded in Seneca Falls, New York.
Market Landscape
This move reflects the ongoing industrial expansion across the Memphis corridor as firms seek to optimize logistics and manufacturing proximity. ITT Inc. positions itself to better compete by scaling its regional presence against other major industrial distributors.
Local residents looking for employment will have access to 57 new positions created by the facility expansion. The investment signals increased industrial activity that strengthens the local economic base.
The takeaway
This $31 million investment underscores the importance of operational scale for manufacturers managing supply chain growth. It highlights how established companies leverage existing real estate to quickly expand their distribution capacity.
Further reading
For more on local industrial developments, visit the Manufacturing section.
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