Business
Will 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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“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.
Russian operations accounted for roughly 15% of Sylvamo’s total revenue in 2021.
We’re highlighting two series of stories published last week: The First Horizon acquisition and progress with Ford’s Blue Oval City.
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.
Demand for the F-150 Lightning will be crucial to Ford’s planned operations in West Tennessee.
“We’re looking for technical, we’re looking for operational, we’re looking for lean and professional behaviors when we think about that ideal worker of the future,” said Liliana Ramirez, Ford’s workforce development director.
Site work at Blue Oval City could begin as early as March 15, and local officials say Shelby County is poised to be an electric vehicle hub “if we dare to dream big enough.” Ford, ready to grow workforce, begins to recruit eighth-gradersRelated stories:
Ford will run EV business separately as Ford Blue
HTL’s Mark Herbison visits Fayette County to speak about Blue Oval City
A Canadian banking and financial firm will pay $25 a share, a 37% premium on FHN’s last close. Shares of the Memphis-based financial institution were up nearly 32% in early trading.
AutoZone reported net sales up almost 16% from the second quarter last year.
This week, we’re joined by Martha Hample, managing partner of Hampline Brewing, and Vonesha Mitchell, executive director of the Women’s Business Center South.
On a conference call Monday, Feb. 28, Toronto-Dominion group president and CEO Bharat Masrani announced plans to invest $150 million to keep First Horizon employees.Related story:
Russian invasion prompts FedEx to indefinitely suspend its services in Ukraine.
MATA will work with Virginia-based Moment AI to develop and deploy autonomous vehicles. The vehicles would still require an operator.
She will be replaced by a former VP at Hormel Foods.
State Rep. Jason Powell plans to start a new caucus, the Train Travel Caucus, to increase rail infrastructure in Tennessee.
As electric vehicle footprint director and project manager of Blue Oval City, Greg Christensen will be tasked with helping the iconic brand transition into the era of EV.
“In many cases, this will be the first impression or experience our visitors will have when they’re coming to Memphis,” Townsend said, “and hopefully we’ll see many, many returns as a result of it.”
Recent economic development throughout West Tennessee, including Ford’s $5.6 billion auto campus in Haywood County, has been a boon to business.
Sponsored by Pinnacle Financial Partners, the Grizz Biz Challenge pits local businesses against one another in a competition resembling the popular ABC show “Shark Tank.”
The airport will now support 50% more traffic than its pre-pandemic levels, with 23 gates capable of accommodating 6 million travelers.
“Hopefully, there’s going to be a lot of economic spin-off,” Halperin said of the city’s $56 million youth sports complex.
To help alleviate a supply-chain hardship that could last well into 2023, the Memphis-based logistics company pursues Mexico operations, something it hasn’t had since 2010.
The long-vacant, 30,000-square-foot building at 61 Keel Ave. is set to open its doors again as an event venue.
Less than one month after forming a unionizing committee, all seven employees of the Starbucks store on Poplar near Highland were fired. Starbucks says they violated safety precautions.
The Works, Inc. plans to develop a community hub that would house organizations that provide technical skills training and workforce development, comprehensive healthcare services, literary advocacy, as well as performing and visual arts programming.