For the fourth quarter 2022, the industrial manufacturer reported $190.4 million, up more than 10% from the $172.1 million it reported for the same quarter in 2021. 

Carlisle Development filed plans to build a temporary surface parking lot at the proposed Grand Hyatt site at One Beale. 

A FedEx Express courier with 36 years of service delivered the trophy via a FedEx Express delivery van. 

The Tennessee Valley Authority, which owns the plant, closed the facility in 2018. Demolition is expected to be completed in 2025, TVA spokesperson Scott Brooks said.

Several years after launching DPX, Brad Kilgore started Tissue Innovations, a tissue bank, with his brother Don Kilgore. Both Tissue Innovations and DPX operate out of a 15,000-square-foot space in Bartlett and employ about 15 people.

FedEx confirmed during the company’s December 2022 earnings release that it will try to cut costs by more than $3 billion throughout the fiscal year. 

Planning Director Whitney Choat-Cook described Crossover’s master plan as possessing a “modern, millennial-like design” with amenities that set the project apart from its mixed-use neighbor Silo Square. 

Over the next five years, the health department will use nearly $14 million in CDC funding to bolster its workforce and infrastructure. 

General Motors’ Memphis Parts Distribution Center, which was opened in 1999, ships 331,700 orders per month and employs 259 people.

Memphis Police Department footage shows more than 20 participants bursting into businesses in some recent burglaries.

The opening of Conwood Flats and Varsity Spirit’s headquarters marks the halfway point for the historic Snuff District redevelopment. 

The U.S. District Court judge suggested the plaintiffs take their grievances to Congress, not the court system. 

In an email with The Daily Memphian on Friday, Feb. 3, a representative of FedEx confirmed the company is enacting these furloughs in addition to the ones announced in November 2022.

Following two back-to-back quarters that saw FedEx report earnings well below company expectations, the shipping giant has been enacting sweeping cost-cutting initiatives.

This week’s Inked covers news on RKA’s new commercial branch, a notable Downtown barbershop closes and updates on the Sterick Building. 

WYXR, Spirit Architecture Group, University of Tennessee Health Science Center, Innovate Memphis and Samaritan Counseling Centers of the Mid-South announce promotions and additions. 

The Memphis-based company reported 2022 adjusted operating earnings of $1.2 billion, compared with the $944 million it recorded for 2021. 

The 10 small businesses chosen by FedEx will win $30,000 and $1,000 in FedEx Office print credit. 

The award recognizes a business organization that has diligently built and maintained a strong and dependable relationship with the Lakeland community.

“The state has determined right now that it’s in the best interest of Tennesseans for the state to assume direct financial and managerial responsibility for these services,” Health Commissioner Ralph Alvarado told Tennessee lawmakers.

Suburban home sales dipped in 2022, and new home sales remained low compared to the previous year.

The evaluation is part of the Shelby County Health Department’s effort to gain national accreditation from the Public Health Accreditation Board. 

Belz Enterprises plans to convert former office spaces at 119 S. Main St. into 73 apartments. 

“Dr. Park brings a wealth of knowledge, deep experience and considerable talent to St. Jude.”

With concerns about crime, congestion and over-development, Lakeland officials have placed a one-year moratorium on commercial projects along U.S. 70.