There are 55 article(s) tagged economic development:

• January 2020

  • 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.

    By Tom Bailey January 16, 2020

  • 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.

    By Tom Bailey January 06, 2020

  • The robots are coming!

    A suspected Amazon facility in Frayser/Raleigh will include 787,000 square feet for "robot storage" platforms.

    By Tom Bailey January 06, 2020

  • Nucor Steel Memphis plans expansion for new equipment

    Nucor Steel Memphis is expanding its mill in the 3,500-acre Pidgeon Industrial Park.

    By Tom Bailey January 03, 2020

• December 2019

  • 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.

    By Tom Bailey December 20, 2019

  • Google to open operations center near Memphis

    Google announced Thursday that it will hire 350 people for a new operations center in Northwest Mississippi.

    By Tom Bailey December 19, 2019

  • 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.

    By Tom Bailey December 18, 2019

  • 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. 

    By Tom Bailey December 18, 2019

  • 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.

    By Tom Bailey December 13, 2019

  • 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.

    By Tom Bailey December 13, 2019

  • 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.

    By Tom Bailey December 12, 2019

  • 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.

    By Tom Bailey December 04, 2019

• November 2019

  • 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. 

    By Tom Bailey November 25, 2019

  • 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. 

    By The Daily Memphian Staff November 18, 2019

  • 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.

    By Tom Bailey November 15, 2019

• October 2019

  • 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.

    By Tom Bailey October 01, 2019

• September 2019

  • 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.  

    By Tom Bailey September 25, 2019

  • Good sign? Pallet maker plans big expansion

    The Pallet Factory has been making pallets for 42 years.

    By Tom Bailey September 04, 2019

• August 2019

  • 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. 

    By Tom Bailey August 30, 2019

  • 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.

    By Tom Bailey August 28, 2019

  • 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.  

    By Tom Bailey August 20, 2019

  • Surface Dynamics to expand in Bartlett

    Bartlett-based Surface Dynamics LLC will expand, creating 110 more jobs and investing $10 million in Bartlett over the next five years.

    By The Daily Memphian Staff August 19, 2019

  • Amazon opens delivery operation in Lamar Corridor

    Amazon is now operating its permanent 'delivery station' after renovating an old warehouse near I-240 and Lamar.

    By Tom Bailey August 15, 2019

  • Medline quietly takes 450 jobs to Mississippi

    A medical supply company is moving distribution operations to Southaven, creating 450 jobs there.

    By Tom Bailey August 09, 2019

  • Shelby County’s opportunity zones seek investment in 32 census tracts

    Memphis and Shelby County economic development organizations are promoting eight newly designated opportunity zone areas consisting of 32 census tracts, 30 in Memphis and two in Millington.

    By Wayne Risher August 09, 2019