Peak+ to Invest $845,000 in New Manufacturing Facility
(UCBJ) – Peak+, a Memphis-based manufacturer of cooling technologies for HVAC systems, will expand its manufacturing operations in Shelby County. The company will invest $845,000 in the expansion, creating 96 new jobs, according to the Tennessee Department of Economic and Community Development (TNECD).
Peak+ designs, engineers, manufactures and commissions adiabatic precooling systems that help air-cooled HVAC equipment consume less electricity while maintaining cooling capacity. The expansion aims to “meet growing demand from data centers seeking to reduce electricity use and improve cooling reliability.”
“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,” said Gov. Bill Lee.
Peak+ products are used in:
- Commercial offices
- Hospitals
- Schools
- Government buildings
- Data centers
The company also partners with Christian Brothers University (CBU).
“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,” said Chris Curry, CEO of Peak+.
For more information, visit www.peakplus.energy.
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