tiprankstipranks
Aaon to increase production capacity with new Memphis facility
The Fly

Aaon to increase production capacity with new Memphis facility

Aaon (AAON) announces the expansion of the company’s production capacity with the purchase of a new 787,000 square foot facility in Memphis, Tennessee. “This facility will primarily facilitate the growing demand from the data center market and is projected to create 828 skilled jobs at this location over the next five years of operation. The expansion will also add geographic diversification to AAON’s current manufacturing footprint, mitigating certain operational risks and better serving our data center customers,” the company stated.

Pick the best stocks and maximize your portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App