EDGE Board of Directors approved a 15-year Jobs PILOT for AutoZone Parts Inc (NYSE: AZO). The PILOT will encourage the automotive parts company to invest more than $145 million at 100-110 and 123 S. Front Street in Downtown Memphis and create 130 new jobs with an...
The Greater Memphis Alliance for a Competitive Workforce (GMACWorkforce) MOVE-HIRE program held its inaugural NexGEN Expo 2019 for approximately 225 area high school seniors interested in careers in medical device and advanced manufacturing on March 28th at the...
EDGE Board of Directors approved two Jobs PILOTs for J.M. Smucker, LLC and Cleveland Track Material, Inc. J.M. Smucker has been evaluating options for expansion to produce Jif Creamy Clusters (granola snacks with peanut butter centers), renovation of facilities to...
Terry Peete, dba Al’s Tasty Burger, was awarded a $20,000 Inner City Economic Development (ICED) Loan to help complete the buildout of exterior renovations and improve visibility at 965 East McLemore. Total project costs qualified for the ICED program are...
On Tuesday, February 26, Tennessee Governor Bill Lee joined Memphis Mayor Jim Strickland, Shelby County Mayor Lee Harris, and other local and state dignitaries at the groundbreaking for JNJ Logistics. JNJ Logistics is a transportation provider founded in Memphis in...
The Port of Memphis received more than $1.7 million in grant funding from the State of Tennessee and an additional private local match to expand rail access and opportunities on Presidents Island. The rail project will be part of an overall redevelopment of the...
In February 2019, GMACWorkforce hosted a 20-member delegation from the Jobs for the Future (JFF) Congressional Staff Network on Economic Advancement. Participating Congressional staff included members of the United States Senate HELP Committee, House Education &...
EDGE joined with State and local officials to help FedEx Logistics move its headquarters to the vacant Gibson Guitar manufacturing plant in downtown Memphis. The 190,000-square-foot facility will soon be home to 662 FedEx employees – 323 current Memphis staff plus...
In January 2019, EDGE worked with representatives from Riviana Foods, Inc. to secure a seven-year Jobs Payment-In-Lieu-of-Tax (PILOT) that will create 43 new jobs with an average salary of $43,000 and assist the company’s expansion in Memphis and Shelby County. If...
With assistance from EDGE through its Payment In Lieu of Tax (PILOT) program, transportation and logistics company, Power Transport plans to revitalize a vacant and underutilized collection of buildings on 8.5 acres near the Memphis International Airport and expand...
