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EDGE Helps City Address Sewer Capacity Concerns

Working with the City of Memphis, the EDGE Board of Directors created a new program to help real estate developers offset the added cost of installing offline sewer storage and pumping facilities in areas with inadequate sewer capacity during normal business hours. In...

Are Tax Incentives Necessary to Lure Jobs to Tennessee?

On Monday, June 11 at the 2018 Tennessee Municipal League Annual Conference, EDGE Senior Economic Development Specialist, John Lawrence served on a panel discussing the necessity of tax incentives, particularly Tax Increment Financing and Payment In Lieu of Tax...

Hui’an China Delegation Meets with EDGE

In an effort to sharpen international trade relations between Memphis and China, EDGE hosted the Huai’an, China Municipal Government Delegation on May 29.  The 15-member delegation was introduced to the economic development programs and initiatives offered by EDGE and...

Economic Development Spotlight: Cummins, Inc.

In December 2014, the EDGE Board of Directors approved a 15-year PILOT for Cummins, Inc. The goal was to retain the company as they outgrew their Memphis facility.  Now, in its third year of the EDGE PILOT program, Cummins is thriving and has exceeded its commitment...

Moore Tech to Open Auto Technician Training School

When the William R. Moore College of Technology (Moore Tech) and the Greater Memphis Automobile Dealers Association needed help to launch a new school to train auto technicians, they turned to EDGE. The project involves redeveloping a vacant and blighted former car...

EDGE PILOT Recipients Outperform Minority Spending Requirements

EDGE/IDB PILOT recipients spent $240 million with minority/women/small local firms from 2012-2016, exceeding their commitments by more than $10 million. A new report covers the activity of 62 firms with active PILOTs approved by either the Industrial Development Board...

The Memphis Economy: Post-Recession Recovery

Data shows that the local economy continues to recover, after the devastating 2006-2010 Recession when 1 out of every 11 private-sector jobs in Shelby County was lost. TheMemphisEconomy.com, a collaboration between EDGE and the Sparks Bureau of Business & Economic...

Mimeo.com Awarded PILOT to Relocate Operations to Memphis

With help from EDGE, Mimeo.com is bringing 171 new jobs to Memphis – which includes relocating its headquarters from New York City. Mimeo will also relocate a production facility from Newark, NJ, and add sales positions while retaining its existing Memphis location...