MTD Consumer Group Inc. will invest $10 million in its Martin, TN operations and expects to create 200 jobs over the next five years. MTD, Weakley County’s largest private employer, is a leading global manufacturer and distributor of residential and commercial outdoor power equipment under brands such as Cub Cadet and Troy-Bilt.
“We’ve operated here in Martin since 1985,” said Steve Baker, MTD’s general manager for the facility. “This is home for us and we’re blessed to be able to provide meaningful jobs for our community. We want to thank everyone who has helped, and will continue to help us, bring this expansion to fruition.”
MTD’s $20 million expansion in 2014 created a foundation for future growth. The additional $10 million investment for facility updates and new equipment, as well as 200 new jobs, will allow MTD to offer year-round employment for associates and production of innovative, quality products for customers.
“I’m very pleased to see MTD move ahead with this investment in Weakley County,” said Gov. Bill Haslam. “Tennessee’s existing companies like MTD are the primary drivers of our state’s economic growth. MTD’s expansion is a strong vote of confidence in the people of Martin and another sign that Tennessee will lead in attracting quality jobs to our rural communities.”
“MTD plays a valuable role in Weakley County and employs hundreds of residents,” said Tennessee Department of Economic and Community Development Commissioner Bob Rolfe. “The creation of 200 jobs will have a tremendous impact on the local economy and people of Weakley County. This investment underscores that Tennessee is a place where leading businesses can grow and provide quality jobs for our citizens. I’d like to thank MTD for its continued commitment to Martin and Weakley County.”
Relocating or Expanding Your Business In Tennessee
Considering Tennessee for your company’s relocation or expansion project? Check out Business Facilities’ Tennessee Incentives and Workforce Development Guide.