Summary

DunAn received a $500,,000 grant from the Tennessee FastTrack Economic Development Fund. The Tennessee FastTrack Economic Development Fund provides additional grant support for companies expanding or locating in Tennessee with reimbursable grants made to local industrial development boards. EDGE acted as a conduit for the grant.

Founded in 1987, DunAn is a global enterprise specializing in advanced manufacturing with more than $1.21 billion in sales revenue. DunAn’s market share for service valves, accumulators and pipe assemblies ranks first in the industry and the market share for reversing valves ranks second.

Financing Amount:

$500,000

Projected Total Jobs:

104

Total Investment:

$20,000,000

Approved

11/19/2015

DunAn

5750 Challenge Drive, Memphis, TN 38115