Manufacturer to invest $10 million to expand production capabilities in Weakley County.
NASHVILLE – Tennessee Gov. Bill Haslam, Department of Economic and Community Development Commissioner Bob Rolfe and MTD Consumer Group, Inc. officials announced today that the manufacturer will invest $10 million in its Martin operations over the next five years.
MTD is Weakley County’s largest private employer and a leading global manufacturer and distributor of residential and commercial outdoor power equipment under brands such as Cub Cadet and Troy-Bilt. The company plans to create 200 jobs in Weakley County as it adds production at the Martin facility.
“I’m very pleased to see MTD move ahead with this investment in Weakley County,” Haslam said. “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,” Rolfe said. “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.”
“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. Now, with the additional $10 million investment for facility updates and new equipment, as well as 200 new jobs, MTD will be able to offer year-round employment for associates and production of innovative, quality products for customers.