Team Technologies, Inc. will invest $6 million to expand its operations and create 160 jobs in Morristown, TN. In 2003, the medical equipment manufacturer invested $11 million to upgrade the Hamblen County production facility and create 200 jobs.
“Team Technologies is very thankful of the support we have received from the State of Tennessee and Hamblen County,” said Marshall White, president and CEO of Team Technologies. “Our relationship with state and local agencies is a great partnership which has helped enable Team Technologies to continue to invest in our people and to grow our business, which ultimately benefits our community.”
Team Technologies is a custom contract manufacturer of dental, medical, cosmetic and industrial products. Founded in 1988, Team Technologies is headquartered in Morristown, where it also operates its main production facility.
“I’d like to thank Team Technologies for its renewed commitment to creating jobs in Northeast Tennessee,” said Gov. Bill Haslam. “Tennessee is known internationally for being a leader in the health care industry. The continued growth by Team Technologies in our state’s health care sector is terrific news as we work to make Tennessee the No. 1 location in the Southeast for high quality jobs.”
“Last year, Tennessee ranked second in the nation in exports of medical equipment and supplies,” said Tennessee Department of Economic and Community Development Commissioner Bob Rolfe. “Team Technologies plays a key role in Tennessee’s thriving health care sector and I’m pleased to see it continue to invest in Hamblen County and the Morristown community.”
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.
