IP owns a little more than 90% of the Turkish company.

Memphis-based Vawter Gammon Norris & Company specializes in serving clients in automotive, truck and motorcycle dealerships, with clients in more than 20 states.

The 9.3-acre site, now cleared by demolition, sold for $7.7 million to RCM Devco LLC, which lists developer Chance Carlisle of One Beale as its agent.

So far, $2 million of the $2.5 million goal has been raised to rebuild Overton Park golf course and renovate its Abe Goodman Clubhouse. 

With Lakeland Commons and The Lake District mixed-use projects under construction, Lakeland is adopting a proactive approach to its economic development strategy, targeting a number of properties for redevelopment.

The City of Memphis is evaluating bids ranging from $9.4 million to $10.1 million for restoration of and other improvements to the historic Memphis cobblestone landing.

The location for Sticks X Stones would be 2965 N. Germantown Parkway Suite 111 in the Shoppes of Wolflake. The plaza is located near one of the city’s busiest intersections.

University of Memphis officials say they’re mulling over the future of Sparks Bureau of Business and Economic Research to see if it can continue serving business, government and community organizations.

A funeral home on the recently down-zoned section of Lamar wants to add a second cremation furnace, but now must seek a zoning variance to do it.

As new outparcels become available in The Lake District, Adams Jacobs is bringing a new concept of restaurant and grocery store featuring international foods.

Protect Our Aquifer and other environmental groups have asked the U.S. Army Corps of Engineers not to fast-track approval for the Byhalia Connection crude oil pipeline.

Memphis Country Club in 2016 purchased the New Olivet Baptist Church property and other properties, got the city to close a street bisecting the 4.1 acres, and now has unveiled plans to expand its tennis and pickle ball courts.

Construction could start by March on a new retail building on Poplar at Humes, just east of the Poplar Viaduct.

The proposed pipeline running through portions of Shelby County would connect two existing crude oil pipelines running from the Midwest to the Gulf Coast.

Foundation has given $1.2 million to the local food bank since the pandemic hit in March. 

The firm’s plans for 2197 Central is just a block east of a much larger mixed-use development that is planned by another developer.

FedEx said Monday, Dec. 28, it had closed on the acquisition of ShopRunner, a membership-based online shopping platform. A purchase price wasn’t disclosed.

Among other things, the CARES Act eliminated the 10% early withdrawal penalty for individuals under the age of 59½. But one-third of any money withdrawn will be included as income on taxes for each of the next three years

Wolf River Conservancy is almost halfway home in a decades-long quest to build 26-mile Wolf River Greenway spanning Memphis. Next up: completing connection to Shelby Farms Greenline by next summer.

Movie theaters are not mentioned in the most recent health directive, but Malco was told it would have to close. DeSoto County locations remain open.

The COVID-19 vaccines now becoming available offer the hope of curtailing the pandemic, but may not be available to the masses for months — and not all automatically trust that the vaccine will be safe. 

Memphis is lit. Well, at least its fireplaces and backyard fire pits are. More people are staying home for longer periods of time during the pandemic, and that has created demand for seasoned firewood.

Shelby County’s hospital beds are filling up even though the county has one of the lowest new case rates in Tennessee, according to a New York Times database.

LeMoyne-Owen College administrator Charles Elliott said it is important for young Black people to learn technology skills so more businesses will want to relocate to and invest in the Memphis community.

William “Bill” W. Deupree Jr., a key leader in the old Morgan Keegan & Co. investment firm, worked with vigor, spent his retirement years energetically, and gave generously.