There are 95 article(s) tagged EDGE:
Raymond James plans to create 100 jobs and invest $23.6 million to consolidate its Memphis offices and a new tax increment financing district is expected to spur economic development in Raleigh.
Mississippi-based Renasant Bank is seeking a tax incentive for plans to build a new headquarters to serve its Memphis market. The $15.8 million development is to rise at 5575 Poplar, where the now-empty Executive Square office buildings stand.
EDGE awarded PILOTs to NBCUniversal for “Bluff City Law” and Cherry Tree International for a Memphis distribution center.
Cherry Tree International Corp. is seeking a 10-year Fast Track PILOT from EDGE to create 25 new jobs in Memphis.
Workers at Electrolux Memphis cooking appliance factory have a reprieve of up to nine months on a previously announced closing date. Electrolux said it will stay open through June 2021.
Shelby County economic development leaders Wednesday were able to explain their projects to a HUD official as he helps communities tap into the Opportunity Zone program.
EDGE board approves incentives for projects across the city, from warehouse space to studio living near the University of Memphis.
A startup working to improve efficiency and reduce costs related to warehousing and logistics is considering Memphis as the location for its development and manufacturing headquarters.
Patterson Warehouses Inc. is planning a $30.2 million expansion. To ensure the project stays in Shelby County, EDGE is recommending a six-year tax abatement.
A Florida developer seeks tax incentives to build two student housing developments totaling 50 units near the University of Memphis.
The vacant Fuel Cafe on Madison could be renovated into a new pizza and pasta restaurant by a local grower who sells handmade pastas at local farmers markets.
Developers of two large projects south of Interstate 240 are seeking amendments to their plans, one for a truck terminal expansion on American Way, the other for a gated residential community at Forest Hill-Irene and Shelby Drive.
After securing a PILOT earlier this year, Cleveland Track Material Inc. has completed a $6 million expansion of its Memphis manufacturing facility that will result in 51 new jobs.
A railroad products manufacturer may be moving its U.S. headquarters from New Jersey to Memphis after receiving a 15-year property tax incentive on Wednesday.
Railroad track products manufacturer Pandrol USA LP is seeking a PILOT to create 73 jobs, invest $9.3 million and establish its North American headquarters at 611 Winchester Road.
The finance committee of the Economic Development Growth Engine for Memphis & Shelby County (EDGE) approved two forgivable loans for small businesses Wednesday.
A restaurant owner seeking to open an Al’s Tasty Burger in its original Soulsville location and a long-time Whitehaven hair salon owner are seeking Inner City Economic Development (ICED) loans.
Trying to keep up with an "ever-changing retail environment," IKEA has offered to voluntarily drop two years of its property tax abatement since it has been unable to create the number of jobs at the pay levels it promised in 2015.
Peel back the fancy ribbon-cutting ceremonies and press conferences for new jobs and all you’re left with is handouts to big, connected companies and higher taxes for the rest of us.
Companies want to locate in communities that will work with them long after the ribbon-cutting and headlines are done. We know that our local firms are constantly being courted by other communities looking to grow their economies.
Two Memphis companies are ready to hire 76 new workers and invest nearly $15 million combined to expand local operations.
Shelby County Commissioners have approved committing $450,000 to the Economic Development Growth Engine over three years to hire two economic development case managers.
Shelby County Commissioners are expected to vote Monday on committing $450,000 to the Economic Development Growth Engine over the next three years, which officials say would go toward funding two employees to strengthen local economic development.
When EDGE learned that a local manufacturing operation had not fulfilled its job creation promise, it began steps to remove the company from a tax incentive program.
The Memphis & Shelby County Regional Economic Alliance met publicly for the first time Thursday and agreed on priorities for job growth, ranging from transportation and logistics to the music industry.