Exciting News for Memphis: New Electronics Company to Create 200 Jobs!
Memphis, Tennessee, is buzzing with excitement as a Texas-based electronics company, Reconext, has announced plans to expand into the city, bringing a wave of job opportunities for local residents. This expansion, which is set to kick off next year, will create more than 200 local jobs in the area, as reported by the Greater Memphis Chamber.
A Bright Future with a Major Investment
Reconext is set to invest a hefty $9 million into their new facility located in southeast Memphis, right near the intersection of Lamar and Holmes. The company specializes in the repair and refurbishment of electronics as well as asset recovery, making it an important player in the tech industry. By early 2025, the Memphis location is expected to be fully operational, ready to support its impressive client base across the Southeast.
Whatโs truly remarkable is that Reconext currently serves 40% of Fortune 500 companies, which highlights its significance in the electronic repair and refurbishment sector. With 23 locations globally, the new Memphis site will be a crucial addition to their operations, especially with the increasing demand for electronics maintenance and support.
Building a Workforce: Diverse Opportunities Await
The new positions at Reconext will cover various roles, including engineering, administrative, and production jobs. This variety means that a wide array of locals, from recent graduates to seasoned professionals, will have the chance to find a new career path with this expanding company. Ted Townsend, President and CEO of the Greater Memphis Chamber, expressed high hopes for the new development: โBy choosing Memphis for their expansion, Reconext is leveraging our cityโs exceptional logistics network to enhance their customer support.โ
What Makes Memphis the Right Choice?
So, why did Reconext decide to set up shop in Memphis? Beyond just the skilled workforce, Memphis boasts a robust and exceptional logistics network that can facilitate the efficient distribution of services and products. With its strategic location and strong infrastructure, Memphis has become a magnet for growing companies looking to expand their reach across the region.
Adding to the tech landscape, notable developments like Elon Muskโs xAI have also recently set up in Memphis. The construction of an AI supercomputer here marks the beginning of what local leaders are calling the “Digital Delta,” showcasing the cityโs commitment to becoming a hub for technology and innovation.
The Community Impact
The arrival of Reconext brings more than just jobs; it invigorates the local economy and signals a promising growth trajectory for Memphis. With over 200 job openings, the community can expect an influx of professionals and innovators ready to contribute to the local economy. The diversity in job roles not only caters to different skills and experiences but also strengthens the community by bringing various talents and perspectives together.
Looking Ahead
In a city thatโs already rich with cultural and economic opportunities, the expansion of Reconext is a clear sign that Memphis is on the map for tech-driven growth. The excitement surrounding this new venture is palpable, and local residents are eager to see the positive effects in their community. As we approach early 2025, we can look forward to the new jobs, innovation, and connections that will come with Reconextโs arrival in Memphis.
For more details about job openings and the types of roles available, keep an eye on Reconext’s official website.
Author: STAFF HERE MEMPHIS WRITER
The MEMPHIS STAFF WRITER represents the experienced team at HEREMemphis.com, your go-to source for actionable local news and information in Memphis, Shelby County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the areaโwith deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Beale Street Music Festival, Elvis Week, and Memphis in May International Festival. Our coverage extends to key organizations like the Greater Memphis Chamber and the Memphis Convention & Visitors Bureau, plus leading businesses in logistics, healthcare, and music that power the local economy such as FedEx, St. Jude Children's Research Hospital, and AutoZone. As part of the broader HERE network, including HEREBristol.com, HEREChattanooga.com, HEREKnoxville.com, and HERENashville.com, we provide comprehensive, credible insights into Tennessee's dynamic landscape.
