A new report from Brookings shows that tech-based growth will likely “not diffuse out into America’s up-and-coming mid-sized cities and small towns on its own.” The report calls for a national innovative response in order to give heartland metro areas a seat at the...
The new Superlo grocery store at Lamar and Airways opened in December to quite a celebration. Memphis Mayor Jim Strickland, several local officials, the Grizzlies drumline and Grizz himself were on hand to kick things off. At one point, Mayor Strickland played drums...
The EDGE Fiscal Year 2020 First and Second Quarter Report has been released. During Q1 and Q2 FY 2020, approved projects committed to: 634 jobs at an average salary of more than $52,000 $443 million in capital investment in Memphis and Shelby County $64.2 million in...
EDGE President, Reid Dulberger spoke to the TVA Board of Directors at their meeting in Oxford, Mississippi, on February 12th. He was there to express the continued interest of the city, county, EDGE, and Port in working with TVA to redevelop the property at the former...
Two projects approved by the EDGE Economic Development Finance Committee on February 5th, will create a neighborhood hub and allow a small business to open in a long-vacant and blighted building. Alcy Ball Development Corporation Roger’s Store’ was a fixture in the...
United Parcel Service, Inc. (UPS) is growing its operation and EDGE is working to make sure that expansion is in Memphis. The company currently operates a combination air sort and ground sort hub here that employs more than 1,300 people. That expansion would include a...
Blues City Brewery is looking to expand its operations to boost its production capacity and capture a bigger share of the beverage market. The company is considering all three of its existing facilities but EDGE is providing assistance to keep that growth in Memphis....
The Memphis and Shelby County Regional Economic Alliance’s (REA) 2019 outcomes for jobs, investment, and minority/local business spending far exceeded its earlier projections. January 9th was the first quarterly meeting of the year for REA. At that meeting, the group...
The session underscored the importance of collaboration between government, business leaders, and community organizations in promoting economic growth.
