Momentum Blog | Economic development announcements

MEMPHIS, Tenn.—May 18, 2023 — Nextracker Inc. (NASDAQ:NXT), a global market leader in utility-scale solar trackers, and MSS Steel Tubes USA, a joint venture of Metalogalva and Soufer, today announced the commissioning of a new Tennessee factory to manufacture..

MEMPHIS, Tenn. (Thursday, May 11, 2023) – Fast-growing logistics robotics startup Dextrous Robotics, whose flagship robot DX-1 allows companies to move packages and objects with superhuman strength and speed, will continue to grow in Memphis, the Greater Memphis..

Memphis, Tenn. (Friday, April 14, 2023) – Richardson International, a global leader in agriculture and food processing, plans to invest $220 million to upgrade and modernize its Wesson Oil plant in Midtown Memphis and continue employing more than 100 employees pending..

PBC BioMed, a medical device design and development company headquartered in Shannon, Ireland, today announced that it will open first U.S. office in Memphis, TN.

MEMPHIS, Tenn. (Wednesday, 1/8/23) – The Greater Memphis Chamber today joined MSS Steel Tubes USA LLC, Tennessee Gov. Bill Lee, and other elected officials in announcing that the company plans to invest $6 million to open its first U.S. steel tubes production plant in..

Memphis, Tenn. (Friday, October 7, 2022) – Marking the start of a new era and laying the foundation for its future growth, Memphis-based transportation company RDX, LLC today officially opened its new headquarters where the Mall of Memphis once stood on American Way.

Memphis, Tenn. (May 5, 2022) – Ookla®, an internationally recognized leader in network intelligence and connectivity insights, today opens its new office at the University of Memphis Research Foundation (UMRF) Research Park. Well known for its flagship consumer..

Memphis, Tenn. (Tuesday, Oct. 26, 2021) – Prospero Health, a physician-led home-based medical care company, announced today from its new downtown Memphis location that it will create 530 jobs in Shelby County over the next five years, an expansion of its 2019..

CARLSBAD, Calif., March 23, 2021 – Alphatec Holdings, Inc. (Nasdaq: ATEC), a provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, announced today an agreement to lease a 75,000 square foot facility in Memphis, Tennessee, which..

BREA, Calif., March 18, 2021 (GLOBE NEWSWIRE) --via InvestorWire –Mullen Technologies Inc.(“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, which previously announced a definitive agreement to merge withNet Element, Inc.(NASDAQ:NETE)..