There are 15 article(s) tagged PILOT:

• August 2019

  • Chinese e-commerce subsidiary seeks PILOT for Memphis warehouse

    Cherry Tree International Corp. is seeking a 10-year Fast Track PILOT from EDGE to create 25 new jobs in Memphis. 

    By Elle Perry August 16, 2019

• July 2019

  • EDGE board approves PILOTs for four projects

    EDGE board approves incentives for projects across the city, from warehouse space to studio living near the University of Memphis.

    By Jane Roberts July 18, 2019

• June 2019

  • Lee performs balancing act on Pride Month, LGBT in workplace

    Gov. Bill Lee professed support for "equal protection" when questioned about support for Pride Month events and LGBT rights in the workplace.

    By Sam Stockard June 29, 2019

• May 2019

  • EDGE approves 15-year PILOT for Pandrol USA

    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.

    By Elle Perry May 15, 2019

  • French company Pandrol seeks PILOT to move North American HQ to Memphis

    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.

    By Elle Perry May 14, 2019

• April 2019

  • Dulberger: IKEA seems 'committed to making the Memphis store work'

    Despite creating fewer jobs and paying lower salaries than promised, EDGE CEO and president Reid Dulberger says IKEA is committed to its Memphis store.  

    By Michelle Corbet April 17, 2019

  • Beacon Center: On EDGE and PILOTs, the numbers don't add up

    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.

    By Ron Shultis April 14, 2019

  • EDGE: Tax abatement works in a competitive world

    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.

    By Reid Dulberger April 14, 2019

  • Smucker, Cleveland Track seek incentives to expand Memphis operations

    Two Memphis companies are ready to hire 76 new workers and invest nearly $15 million combined to expand local operations. 

    By Terry Hollahan April 13, 2019

• February 2019

  • Strickland: City, county 'overpaid' for Electrolux

    Memphis Mayor Jim Strickland says a month ago, Electrolux executives assured him their Memphis plant would stay open and even expand to include new product lines. With word of the plant closing in 2021, he told The Daily Memphian Politics Podcast the city, county and state "overpaid" in terms of incentives.

    By Bill Dries February 07, 2019

• December 2018

  • EDGE: Trucking firm moves, YMCA preps for renovations, manufacturer sells

    Power Transport, a transportation and logistics company with a fleet of more than 125 trucks, is seeking a tax abatement to fix up a warehouse near the airport for its corporate offices.

    By Michelle Corbet December 14, 2018

  • Building density, building community

    With a shared private and public goal to increase population density as a mechanism to become more efficient and successful as a city, the expansion of Memphis and Shelby County’s Economic Development Growth Engine (EDGE) payment in-lieu-of taxes (PILOT) incentive to include Midtown has been welcomed by multifamily developers in our community.

    By Rick Wood December 11, 2018

• November 2018

  • Hard seltzer sales spur Memphis distribution center

    White Claw Hard Seltzer is the main reason malt beverage maker Mark Anthony Brewing Inc. wants to establish its own distribution center in Memphis.

    By Michelle Corbet November 15, 2018

  • Albert Glenn stood on shoulders of pioneering black pilots at FedEx, then paid it forward

    With a hand up from FedEx’s pioneering black aviators, Albert Glenn reached his profession’s pinnacle flying wide-body air freighters around the world.

    By Wayne Risher November 12, 2018

• September 2018

  • L.A. boutique hotel plans to ARRIVE in Memphis next year

    Palm Springs, California. Austin, Texas. Phoenix, Arizona. Wilmington, North Carolina. Albuquerque, New Mexico. Houston, Texas. Memphis, Tennessee.

    By Elle Perry September 20, 2018