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Nucor Steel Memphis Plans Expansion

Nucor Steel Memphis has announced plans to build a new, 23,000-square-foot facility. Memphis Mayor Jim Strickland, Shelby County Mayor Lee Harris, and EDGE president and CEO, Reid Dulberger joined Nucor representatives for the announcement. The facility will house new...

EDGE Helps Generate Jobs and Bring New Life to Mitsubishi Plant

Korean manufacturing company, Hyosung Heavy Industries has big plans for the Mitsubishi Electric plant at the Rivergate Industrial Park  – plans that include saving a number of jobs for workers there. The EDGE board of directors helped encourage the company’s purchase...

Expansion and Job Growth for Local, Family-Owned Business

The Pallet Factory Inc., a 42-year-old family-owned company will be expanding its operations and creating more jobs. The company makes pine and hardwood pallets and refurbishes existing pallets throughout the southeast. The Pallet Factory was awarded a seven-year Jobs...

Superlo Foods Brings Better Food Options to Orange Mound Residents

Residents in and around Orange Mound now have access to better food choices for their families. The long-awaited Superlo at 2269 Lamar held its grand opening in December  2019 with Memphis Mayor Jim Strickland and Grizz helping to kick things off. This is a...

EDGE Assists Renasant Bank with Company Expansion

EDGE Board of Directors approved a 9-year Jobs PILOT for Renasant Bank (NASDAQ: RNST).  The financial institution will invest more than $15.8 million in a new 45,000-square-foot building in East Memphis for its regional headquarters and create 15 new jobs with an...

AutoZone Expands Downtown with EDGE Assistance

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...

New Eatery Lands in Soulsville with Assistance from EDGE

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...

NexGen Expo Introduces High School Students to High Wage Careers

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 Assists Local Manufacturing with Expansion

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...

JNJ LOGISTICS BREAKS GROUND ON NEW FACILITY

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...