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Business

  • Real Estate
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  • Ford Megasite
  • North Mississippi

    Southaven approves stricter standards for new hotels

    If the proposed hotel isn’t under construction at the end of those two years, the permit will expire.

    By Beth Sullivan February 08, 2023
  • Transportation & Logistics

    Portuguese company to invest $6M in new Memphis facility

    The company chose Memphis for its first U.S. facility.

    By Neil Strebig February 08, 2023
  • Ford Megasite

    BlueOval City roads named for Ford’s 119-year history

    Among the street names is Piquette Drive, a reference to the Piquette Plant in Detroit where the first Ford Model T was produced.

    By Rob Moore February 08, 2023
  • Health Care

    Lisieux Community’s drop-in center offers sanctuary from the streets

    All 4,000 square feet of the property is a woman-only space. For the safety of the woman served and that of the volunteers, men are not allowed on the property. 

    By Aisling Mäki February 08, 2023
  • Premium Real Estate

    Inked: Legacy expansion progresses at National Civil Rights Museum

    This week’s Inked includes updates on the National Civil Rights Museum Legacy expansion, Klein Fitness and a new farmer’s market in Orange Mound.

    By Neil Strebig February 08, 2023
  • Movers and Shakers

    Movers & Shakers

    Southwest Tennessee Community College, John J. Campbell Co. and The Works, University of Tennessee Health Science Center and Memphis Bar Association announce promotions and additions.

    By The Daily Memphian Staff February 13, 2023
  • Health Care

    St. Jude files permits for new high-rise towers

    St. Jude Children’s Research Hospital’s $13 billion campus expansion, the largest in its history, is progressing.

    By Aisling Mäki, Neil Strebig February 10, 2023
  • Business

    Mueller Industries reports strongest fourth quarter on record

    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. 

    By Rob Moore February 09, 2023
  • Real Estate

    With Grand Hyatt paused, parking lot to take its place

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

    By Neil Strebig February 06, 2023
  • Transportation & Logistics

    FedEx delivers Vince Lombardi Trophy ahead of Super Bowl LVII

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

    By Rob Moore February 06, 2023
  • Business

    Redeveloped Allen plant could generate $1B+ yearly, officials say

    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.

    By Neil Strebig February 06, 2023
  • Health Care

    Bartlett-based DPX is largest supplier of human tissue and bone grafts in U.S.

    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.

    By Christin Yates February 06, 2023
  • Premium Transportation & Logistics

    How FedEx is cutting costs by more than $3 billion

    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. 

    By Rob Moore February 06, 2023
  • North Mississippi

    Mixed-use development proposed near Silo Square

    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. 

    By Beth Sullivan February 05, 2023
  • Health Care

    Shelby County and U of M partner to build public health workforce

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

    By Aisling Mäki February 05, 2023
  • Business

    GM to invest $14 million in Memphis parts center

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

    By Rob Moore February 05, 2023
  • Premium Public Safety

    Crew crime: Group burglaries trouble law enforcement and businesses

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

    By Alicia Davidson February 04, 2023
  • Premium Real Estate

    First phase of $50M Conwood Flats, Varsity Spirit renovation now open in historic Snuff District

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

    By Neil Strebig February 05, 2023
  • Metro

    Federal judge dismisses lawsuit over TVA’s long-term contracts

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

    By Keely Brewer February 03, 2023
  • Transportation & Logistics

    FedEx Freight to enact additional furloughs

    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.

    By Rob Moore February 03, 2023
  • Update Financial Services

    FedEx to lay off 10% of officer and director teams

    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.

    By Rob Moore February 01, 2023
  • Premium Real Estate

    Inked: RKA Construction launches commercial division

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

    By Neil Strebig February 01, 2023
  • Movers and Shakers

    Movers & Shakers

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

    By The Daily Memphian Staff February 04, 2023
  • Business

    International Paper’s earnings beat expectations as the company turns 125

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

    By Rob Moore January 31, 2023
  • Transportation & Logistics

    FedEx to award small businesses more than $300,000

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

    By Rob Moore January 30, 2023

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