Ford Megasite
Ford will run EV and ICE businesses separately, one of the ‘biggest changes’ in its history
Demand for the F-150 Lightning will be crucial to Ford’s planned operations in West Tennessee.
Rob Moore
There are 762 articles by Rob Moore :
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March 2022
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Ford Megasite -
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Financial ServicesMemphis loses last ‘Big Three’ bank with First Horizon acquisition
Like Union Planters, which was acquired by Regions in 2004, and National Bank of Commerce, also acquired in 2004 by SunTrust, First Horizon could not avoid industry consolidation forever.
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Business Bluff City Biz: Ford and First Horizon
We’re highlighting two series of stories published last week: The First Horizon acquisition and progress with Ford’s Blue Oval City.
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Business Sylvamo to suspend operations in Russia
Russian operations accounted for roughly 15% of Sylvamo’s total revenue in 2021.
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BusinessWill the crisis in Ukraine affect Mid-South business conditions?
“If we want to solve this problem in Ukraine using gas and oil as one of the solutions, then in fact it’s going to cost us,” said a local economist.
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Transportation & Logistics FedEx Express chief to retire; Richard Smith will take over
Richard W. Smith will become president and CEO-elect of FedEx Express following the announcement Thursday, March 10, that Donald F. Colleran will retire effective Dec. 31, 2022.
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Ford Megasite Megasite Authority approves site plan for Blue Oval City
Ford now needs to secure an environmental permit before moving forward with site work at its planned $5.6 billion electric vehicle plant in West Tennessee.
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Business International Paper to consider selling interest in Russian venture
International Paper declined to comment further about its plans for operating in Russia following its full-scale invasion of Ukraine.
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Transportation & Logistics Memphis International anticipates busy Spring Break
Airport officials expect peak days to include Friday, March 11, and Sunday, March 13.
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BusinessBrownsville retirement home catches eye of Ford CEO
“They know that Ford will change our town,” said Diane Hooper, executive director of Sugar Creek. “But I think they’re very excited for future generations and what this is going to mean for our county.”
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Transportation & LogisticsWhy isn’t there Amtrak service between Memphis and Nashville?
Amtrak released its “Connect US 2035” plan last month, rekindling interest among state leaders for a Memphis-to-Nashville connection.
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Ford Megasite Bluff City Biz: Blue Oval City, business in Russia with John Threadgill
“I would suspect that most of the companies that entered into the Russian market either had a contingency plan,” the Bartlett Chamber president said.
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Business International Paper on short list of corporations still operating in Russia
More than 375 companies around the world — including FedEx Corp. and Sylvamo Corp. — have suspended operations in the region following the humanitarian crisis created in the wake of Russia’s full-scale invasion of Ukraine.
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Business Terminix acquisition clears waiting period
Upon the acquisition, the combined company will have 56,000 employees serving 4.9 million customers worldwide, including 790 locations.
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Transportation & Logistics FedEx reports higher third quarter earnings
The improved results were partially offset by the effects of the Omicron variant, as well as higher transportation and wage related costs.
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Real EstateWill the Fed’s interest rate hike affect lending in the Mid-South?
Interest rates on things like consumer debt are likely to rise following the Fed’s decision, which could put a strain on an economy already fighting decades-high inflation.
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Real Estate Bluff City Biz: A possible Topgolf and a Malone Park update with Paul Young
Topgolf or a similar facility would be “a great thing for our community,” said DMC president and CEO Paul Young.
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Ford Megasite House meeting reveals Megasite electricity, wastewater updates
General Services has two State Building Commission-approved capital projects, including the 36.5 miles of pipeline that will run from the northwest corner of the Megasite — where the wastewater treatment plant will be located — to the Mississippi River.
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Real Estate Topgolf Memphis application filed with TDEC
A permit is currently pending with the Tennessee Department of Environment and Conservation for Topgolf Memphis.
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Ford MegasiteMeet Walbridge, the company building Ford’s Blue Oval City
The Detroit construction company had its first supplier outreach meeting in January in Memphis, followed by a similar meeting in March in Jackson, Tennessee, about 45 miles east of the Megasite.
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Transportation & Logistics FedEx flight departs for Europe carrying relief for Ukrainian refugees
For more than two hours Saturday morning, FedEx Express team members loaded a Boeing 777 cargo aircraft with 76 tons of supplies, including an emergency field hospital and life-saving medicines.
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Business Bluff City Biz: A pop-up sushi restaurant, retail improvement grants with Karen Carrier
“I say, do whatever it takes to bring life back into whatever area of the city needs it,” Karen Carrier, Memphis chef and restauranteur, said. “It’s important for the city to grow in the way it needs to grow.”
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Downtown Testing underway for Madison Ave. trolley service
Trolley service on Madison has been suspended since 2014, following two fires on two separate cars within six months of each other.
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Transportation & Logistics Raj Subramaniam to succeed Fred Smith as president and CEO of FedEx Corp.
FedEx announces the next president and CEO following founder Frederick W. Smith’s tenure.
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April 2022
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Ford Megasite Report shows Blue Oval City, Lightning ‘crucial’ to Ford’s long-term goals
Ford plans to reach carbon neutrality by 2050, and its operations in West Tennessee are at the frontier of that goal, according to its latest sustainability report.
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