Indigo Ag: Memphis office growing despite job cuts
Indigo Ag indicates that roughly 50 Memphis employees have been laid off. Yet, the Memphis staff of 280 is still larger than it was a year ago and will keep growing, a company representative says.
Topic: economic development
RSSThere are 59 article(s) tagged economic development:
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February 2020
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New leader has simple message: ‘Be a cheerleader for Memphis’
Kathryn Garland, a former chef turned real estate agent, is the new president of the Memphis Area Association of Realtors.
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January 2020
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Collierville enjoying steady sales tax growth
Collierville has seen consistent and steady tax revenue in recent years. Town leaders say it helps alleviate the pressure on property taxes, and they have reason to believe the sales revenue growth will continue.
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Electrolux seeks new workers — even though its local plant is slated to close
The company will host a recruiting event Jan. 30 to find new, full-time employees.
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Memphis-based Sedgwick makes acquisition
Sedgwick Claims Management Services, with global headquarters in Memphis, will grow by seven employees with its acquisition of G&E Enterprises.
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Google search: Southaven may head the list for ops center
Google has been looking for a site in Southaven for its operations center, according to sources not directly involved in the company's search.
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The robots are coming!
A suspected Amazon facility in Frayser/Raleigh will include 787,000 square feet for "robot storage" platforms.
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Nucor Steel Memphis plans expansion for new equipment
Nucor Steel Memphis is expanding its mill in the 3,500-acre Pidgeon Industrial Park.
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December 2019
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2019 was busiest in three decades for planning board
The 134 cases heard by the Board of Adjustment this year were the most since 1989, states a year-end report.
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Google to open operations center near Memphis
Google announced Thursday that it will hire 350 people for a new operations center in Northwest Mississippi.
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Tax incentives approved for transformer plant, chemical plant
The EDGE Board on Wednesday approved $13.1 million worth of new tax incentives for two companies that plan to make $141 million in capital investments and add at least 159 jobs.
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North Memphis chemical plant wants to expand, seeks tax break
Penn A Kem executives say a $2.8 million local tax break will help them convince their European holding company to invest in a $38.5 million expansion in Memphis.
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Korean transformer company, AutoZone seek tax breaks
The EDGE board will consider tax incentives for a company that will occupy the Memphis Mitsubishi plant and an additional $1.9 million for AutoZone.
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Korean conglomerate to buy Mitsubishi plant, create 410 Memphis jobs
A Korean company will make an $87 million investment and establish its first presence in the U.S. in Memphis.
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Permit sought for $124M facility Amazon hasn’t acknowledged
A developer on Wednesday filed for a construction permit to build a $124.2 million "sort facility/warehouse" that Amazon declines to confirm.
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Old buildings coming down for Union Row
Just over a year after plans for the billion-dollar Union Row project was announced to Memphis, old buildings are being removed to make space for new apartments, hotel, retail, offices and green spaces.
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November 2019
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LRK expands as projects keep coming
The busy LRK has added 14 employees this year as part of its effort to meet the work demands created by a robust economy for new development.
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Amazon to build facility, hire 500 in Olive Branch
A new Amazon fulfillment center will handle larger products with the help of 500 employees receiving starting pay at $15 an hour.
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Planning board approves big expansion of UPS hub
The Land Use Control Board has approved a UPS plan that includes enlarging its Memphis airport hub by 266,000 square feet.
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October 2019
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Revised plans for Union Row unveiled
New renderings for the 11-acre, first phase of the Union Row mixed-use development show a dense arrangement of apartments, parking garages, hotels and office buildings.
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September 2019
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Room to spare: Medtronic to renovate, lease part of its campus
Medtronic plans to carry out a $5 million renovation of its large office campus in Memphis and to lease out excess space to a business tenant.
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Good sign? Pallet maker plans big expansion
The Pallet Factory has been making pallets for 42 years.
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August 2019
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Amazon footprints elsewhere match that of ‘Project Iris’
Plans for three proposed fulfillment centers -- in Memphis, Mt. Juliet, Tenn., and Prince George's County, Md. -- are strikingly similar. And Amazon has linked itself to the Maryland proposal.
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New Uptown parking lots may pave way for St. Jude expansion
Memphis planners are endorsing – with conditions – St. Jude’s request to build rule-breaking parking lots in Uptown because the lots will support the research hospital’s massive expansion.
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Special ground is broken for One Beale
A ground-breaking ceremony on Tuesday morning celebrated the first, $150 million phases of One Beale. Work already has started to erect the Hyatt Centric hotel and Landing Residences at One Beale apartments.
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