NASHVILLE, Tenn. – Tennessee Gov. Bill Lee and Deputy Governor and Department of Economic and Community Development Commissioner Stuart C. McWhorter today announced Peak+ will expand its manufacturing operations in Shelby County.
Peak+ will create 96 new jobs and invest $845,000 in a new location at 3696 Knight Road, expanding its line of products to help meet the rising demand from data centers who want to reduce their electricity consumption and improve their cooling reliability. Peak+ regularly works with Christian Brothers University to enhance its product and hire CBU graduates.
Peak+ was founded in Memphis in 2005 and remains headquartered there today as a manufacturer of cooling technologies for HVAC systems. The company serves customers across the country, including commercial office, hospitals, schools, government buildings and data centers.
QUOTES
“This expansion of nearly 100 new jobs will create meaningful opportunity for families in the Greater Memphis region, and I’m grateful to Peak+ for their continued investment in our state. Tennessee is the best place to live, work, and raise a family, and we look forward to supporting Peak+ as the company grows and helps meet the rising demand of our state’s advanced industries.” – Gov. Bill Lee
“Energy generation and the infrastructure that supports it are critical to Tennessee’s continued economic growth, and I’m proud to be part of today’s announcement. As demand for advanced industries grows, investments like this will help meet the energy needs of the future while strengthening Tennessee’s ability to attract innovation, investment and high-quality jobs. We appreciate Peak+’s commitment to Memphis and look forward to its continued partnership as we build the industries and infrastructure of the future.” – Deputy Gov. and TNECD Commissioner Stuart C. McWhorter
“Peak+ was born in Memphis, and we’re proud to be growing here. Data centers are under real pressure to cool more computing power without overloading the grid. Our precooling systems help them do that by using less electricity and keeping cooling reliable on the hottest days. This new facility lets us meet that demand and build a team of skilled manufacturing and engineering professionals right here in Shelby County. We’re grateful to Governor Lee, Commissioner McWhorter and TNECD for their partnership in making this expansion possible.” – Chris Curry, CEO, Peak+
“TVA and MLGW congratulate Peak+ Energy on its decision to expand operations in Memphis. We are proud to work in partnership with the Greater Memphis Chamber and the Tennessee Department of Economic and Community Development in our shared commitment to supporting job creation and investment in the communities we serve and look forward to Peak+ Energy’s continued business success here.” – Heidi Smith, vice president of economic development, TVA
“Memphis doesn’t wait for the future — we build it. Peak+’s expansion is creating 96 good-paying jobs for Memphis workers, and this company regularly collaborates with other local institutions like Christian Brothers University to deliver great products. It’s a glimpse of what our city can do, and I’m proud to welcome this expansion to District 33.” – Sen. London Lamar (D-Memphis)
About Peak+
Peak+, headquartered in Memphis, Tennessee, designs, engineers, manufactures and commissions adiabatic pre-cooling systems that help air-cooled HVAC equipment use less electricity and keep its full cooling capacity on the hottest days. Its Peak+ HALO™ and Peak+ CORE™ systems are made in the USA and serve customers nationwide, including dozens of data centers. For more information, visit www.peakplus.energy.
About the Tennessee Department of Economic and Community Development (TNECD)
TNECD is the state’s primary agency committed to fostering economic growth through job creation and community development. By attracting new corporate investment and facilitating the growth of existing businesses, the department works to strengthen Tennessee’s competitive landscape. Additionally, TNECD strives to increase the economic prosperity for all Tennesseans by providing grants to communities statewide, helping them to become vibrant, business-friendly environments where companies can flourish. For more information, visit us at tnecd.com. Join the conversation on X, Instagram, LinkedIn, Facebook and YouTube.
Media Contacts
TNECD
Chris O’Brien
Public Information Officer
(615) 934-5879
Chris.OBrien@tn.gov