Costume jewelry company requests $11 million PILOT
Beeline and Mallory Alexander International Logistics requested a PILOT to add 35 new jobs and ship directly to customers.
There are 7 article(s) tagged Payment in lieu of taxes:
Beeline and Mallory Alexander International Logistics requested a PILOT to add 35 new jobs and ship directly to customers.
State Sen. Brent Taylor proposed a bill in March that would have created a state-level board to offer companies tax incentives for projects in Memphis.
The company plans to create more than 200 new jobs in engineering, administrative and production, enabling it to support its client base in the Southeast.
As part of the payment-in-lieu of taxes application, Campbell Clinic plans to retain 48 jobs and add 22 new jobs. Those positions have a $53,000 annual median wage, but an average wage of $112,732.
Eligibility requirements for PILOTs may change.
A series of sticks and carrots also encourages developers to get in the affordable housing market.
Don’t know the DMC from the MLC, or the CCRFC from the CBID? Here’s a quick guide to some commonly used business and economic development terms and organizations.
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