ITT Goulds Pumps to Invest $31 Million in Memphis, Tennessee Manufacturing and Distribution Center

Tennessee Gov. Bill Lee and ITT Goulds Pumps officials announced in October 2026 that the company is establishing its first Tennessee location in Shelby County.

$31 million and 57 jobs

ITT Goulds Pumps plans to invest $31 million and create 57 new jobs in Memphis, moving into the facility at 5633 Mineral Wells Road to create a new manufacturing and distribution center. The company currently operates a distribution center in Southaven, Mississippi, which it has outgrown.

A pump maker since 1848

ITT Goulds Pumps is part of Flow Technologies, a segment of ITT Inc. Founded in 1848 in Seneca Falls, New York, it was the world’s first manufacturer of iron pumps and today serves the energy, mining, power, chemical, pulp and paper, water and wastewater and general industrial markets.

Hamdy Salem, President of ITT Goulds Pumps said:

“Our expansion in Memphis reflects the continued growth of ITT Goulds Pumps and our long-term commitment to this community. This investment strengthens our operational capabilities, expands our capacity to support future growth, and enhances our ability to serve customers across North America.”