Advanced manufacturing in Memphis increases to $12 billion industry
“We’ve set a bold goal of adding 700 firms in advanced industries by the end of 2030 as part of our Prosper Memphis 2030 plan, and looking at this data, I’m feeling better than ever,” said Ted Townsend, president and CEO of Greater Memphis Chamber. (Brad Vest/Special to The Daily Memphian file)
In 2022, more than 1,000 advanced manufacturing companies were operating within the Memphis region with a combined workforce of 43,356 persons.
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Greater Memphis Chamber of Commerce advanced manufacturing Memphis industryNeil Strebig
Neil Strebig is a chef turned journalist covering economic development and commercial real estate for The Daily Memphian. He grew up in Pennsylvania and has worked at media outlets including the York Daily Record/USA Today Network and most recently as Report for America Corps Member with Lookout Santa Cruz. He is a graduate of Point Park University in Pittsburgh.
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