LeSaint, Medtronic granted amended tax incentives
The Economic Development and Growth Engine of Memphis & Shelby County approved two amended tax incentive plans for LaSaint Logistics and Medtronic Logistics with partner CEVA Logistics.
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The Economic Development and Growth Engine of Memphis & Shelby County approved two amended tax incentive plans for LaSaint Logistics and Medtronic Logistics with partner CEVA Logistics.
Medtronic is evaluating consolidation of its six U.S. distribution centers into two facilities. One of these two facilities would be located in the Mid-South area.
The Downtown Memphis Commission recently approved $7 million for the developer to begin the process of removing debris and hazardous materials from the building.
PMC expects to create 35 jobs with a base salary of $70,000 and will spend $8 million expanding its building at 1248 Warford St. and more than $39 million for new personal property at the site.
EDGE board approves razing a building on Presidents Island, a PILOT extension for Thrive and updates to the Parkside at Shelby Farms development.
Klondike-Smokey City project will use an incentive first applied for the Binghampton Gateway Center.
The Works, Inc. plans to develop a community hub that would house organizations that provide technical skills training and workforce development, comprehensive healthcare services, literary advocacy, as well as performing and visual arts programming.
The EDGE Board will review PILOT (payment-in-lieu-of-taxes) projects that would keep several hundred existing Memphis jobs, while adding dozens of new positions earning more than $45K annually in wages
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