North Memphis chemical plant wants to expand, seeks tax break

By , Special to The Daily Memphian Published: December 18, 2019 11:54 AM CT

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. 


EDGE economic development chemical plants North Memphis
Tom Bailey

Tom Bailey

Tom Bailey retired in January as a business reporter at The Daily Memphian, and after 40 years in journalism. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He has lived in Midtown for 36 years.