Bioventus to invest $9.1 million, create 40 new jobs in Shelby County
The facility at 7101 Goodlett Farms Parkway will become the medical device manufacturer’s second site in Cordova.
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The facility at 7101 Goodlett Farms Parkway will become the medical device manufacturer’s second site in Cordova.
Crosstown Concourse will host a job fair Sept. 11 for 17 of its business and nonprofit tenants who are seeking to fill dozens of jobs.
As the economy has started to recover from the COVID-19 pandemic, businesses have been having a hard time finding enough workers to meet the demand. Unfortunately, for a variety of reasons, the labor shortage might not be ending any time soon.
For the second consecutive year, the EDGE and Greater Memphis Chamber have received a top 25 honor by Site Selection magazine for their work in 2020 to recruit jobs and investment.
Eight transactions for Class A industrial space, totaling 2.4 million square feet, have either been completed or are pending during the first three weeks of January, reports Cushman & Wakefield/Commercial Advisors.
Eversana Life Science Services now has three distribution facilities and 315 jobs in Memphis. It’s seeking a tax incentive to expand and add 50 jobs. Otherwise, company officials say it may move to North Mississippi or St. Louis.
Cognate BioServices, which has been contract-manufacturing in Memphis since 2007, seeks 15 years of property tax breaks that would save the company $52 million in return for the jobs and investment. However, the firm would still pay $65.4 million in taxes during the same period.
The bio-services firm commits to creating 561 more jobs that pay $63,749 on average, and to making a $212.9 million capital investment.
Google's goal is to hire 100 people by the end of 2020 and open its operations center at 5665 Airways by summer 2021.
Starting in June, the giant e-commerce company is making permanent 2,000 "seasonal" jobs it added in Tennessee because of the demand for front-door deliveries caused by the pandemic.
Amazon says it has met its goal of hiring an additional 100,000 people in the U.S. over the past month, including 2,000 in Tennessee.
This will be Tennessee's first Amazon facility to utilize Robotics Technology.
Neighborhood leaders hope new jobs will go to area residents, and some say increasing the frequency of bus routes in Frayser and Raleigh would improve the odds for those who don't own cars.
Google has been looking for a site in Southaven for its operations center, according to sources not directly involved in the company's search.
College students who attended a New Memphis Launch Session hosted by the Grizzlies learned there are also roles they can play in human resources, communications and IT to make the show go on.
Electrolux trimmed its Memphis factory's workforce by more than half during 2018, during the runup to a surprising Jan. 31 announcement it would shut down in Memphis in two years.
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