Why Memphis
America’s Distribution Center, Top 20 City for cultural amenities per person, Center of Excellence for medical device manufacturing and therapy research.
Why Memphis
America’s Distribution Center, Top 20 City for cultural amenities per person, Center of Excellence for medical device manufacturing and therapy research.
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About the Memphis Region
Companies that invest in Memphis can expect a pro-business regulatory environment with low taxes and business costs as well as superior infrastructure suitable for national and international investment.
A right-to-work state with no personal income tax on wages, Tennessee state and local tax burdens are among the lowest in the country. As the largest city within a 150-mile radius, Memphis offers a big-city lifestyle but with a cost of living more than 20% below the national average and the 6th shortest Metro commute in the country.
Outside of the office, culture and creativity collide with music, art and food scenes around nearly every corner. Live events and music festivals award-winning restaurants, world-class museums and attractions, and a vibrant nightlife contribute to the heart and soul of the Memphis experience.
Recognized as one of North America’s leading festivals, Memphis in May hosts the city’s largest events like the Beale Street Music Festival and the World Championship Barbecue Cooking Contest, producing extensive education, international, and economic programs. The world’s leading musicians perform for close to 100,000 fans on Beale Street each year, generating millions in economic impact for the city.
About the Memphis Region
Companies that invest in Memphis can expect a pro-business regulatory environment with low taxes and business costs as well as superior infrastructure suitable for national and international investment.
A right-to-work state with no personal income tax on wages, Tennessee state and local tax burdens are among the lowest in the country. As the largest city within a 150-mile radius, Memphis offers a big-city lifestyle but with a cost of living more than 20% below the national average and the 6th shortest Metro commute in the country.
Outside of the office, culture and creativity collide with music, art and food scenes around nearly every corner. Live events and music festivals award-winning restaurants, world-class museums and attractions, and a vibrant nightlife contribute to the heart and soul of the Memphis experience.
Recognized as one of North America’s leading festivals, Memphis in May hosts the city’s largest events like the Beale Street Music Festival and the World Championship Barbecue Cooking Contest, producing extensive education, international, and economic programs. The world’s leading musicians perform for close to 100,000 fans on Beale Street each year, generating millions in economic impact for the city.
Home to 6 Fortune 1,000 Companies
When considering locations to expand their facilities, Fortune 1000 companies seeking unparalleled infrastructure and a skilled workforce choose Memphis.
AutoZone Parts Inc. chose Memphis to expand its digital retail support system creating 130 jobs in the process, and Sedgwick Claims Management Services Inc. consolidated its Memphis headquarters and operations, adding 135 jobs and investing $33.5 million for renovations. Memphis businesses pride themselves in philanthropy—since 2011, Varsity Brands has raised over $11 million for St. Jude Children’s Research Hospital through game days, donation letters, online fundraising and as the hospital’s provider for all student achievement products for its school programming.
View Successful EDGE Projects
View Successful EDGE Projects
View Successful EDGE Projects
An Economic Powerhouse
With a recent $1 billion expansion of the FedEx SuperHub completed, the city’s unparalleled logistics infrastructure offers companies a superior global commerce advantage. Memphis boasts a just-in-time delivery network that allows companies to ship goods out late with next day delivery and serves as an economic hub for three states—Tennessee, Arkansas, and Mississippi.
Memphis connects companies to national and international markets with exceptional air, road, rail, and port infrastructure and provides resources that serve a variety of sectors. Manufacturing, distribution, and food service businesses experience superior operational value and flexibility in taking products to market and moving raw materials. The city’s outstanding logistics capabilities and strong industry cluster provide natural resources for medical device and medical device OEMs companies.
An Economic Powerhouse
With a recent $1 billion expansion of the FedEx SuperHub completed, the city’s unparalleled logistics infrastructure offers companies a superior global commerce advantage. Memphis boasts a just-in-time delivery network that allows companies to ship goods out late with next day delivery and serves as an economic hub for three states—Tennessee, Arkansas, and Mississippi.
Memphis connects companies to national and international markets with exceptional air, road, rail, and port infrastructure and provides resources that serve a variety of sectors. Manufacturing, distribution, and food service businesses experience superior operational value and flexibility in taking products to market and moving raw materials. The city’s outstanding logistics capabilities and strong industry cluster provide natural resources for medical device and medical device OEMs companies.
An Economic Powerhouse
With a recent $1 billion expansion of the FedEx SuperHub completed, the city’s unparalleled logistics infrastructure offers companies a superior global commerce advantage. Memphis boasts a just-in-time delivery network that allows companies to ship goods out late with next day delivery and serves as an economic hub for three states—Tennessee, Arkansas, and Mississippi.
Memphis connects companies to national and international markets with exceptional air, road, rail, and port infrastructure and provides resources that serve a variety of sectors. Manufacturing, distribution, and food service businesses experience superior operational value and flexibility in taking products to market and moving raw materials. The city’s outstanding logistics capabilities and strong industry cluster provide natural resources for medical device and medical device OEMs companies.
#1
Busiest Cargo Airport
447.7K
Workforce in Shelby County
5
Class I Railroads
EDGE Excellence
Good Jobs First
2013: Tied for for transparency in incentive disclosures
Rebuild Tennessee
2014: Awarded for the EDGE Paul Lowery Road Project
SEDC
2014: Superior Award for EDGE Database and Merit Award for Regional Economic Development Website
CDFA
2018: Distinguished Development Finance Local Agency Award
Site Selection Magazine
2020: Mac Conway Awardfor Excellence in Economic Development
IEDC
2020: Excellence in Economic Development Gold Award for NEED Grant Program
Site Selection Magazine
2021: Mac Conway Awardfor Excellence in Economic Development
By the Numbers
Living In Memphis
20%
Lower cost of living than the national average
4th
Among U.S. cities where millennials are moving
Home to the
5th
Largest inland Port in the US
3rd
Best city for black-owned businesses
Home to
4
Major hubs: FedEx, UPS, USPS, & Air National Guard
20%
Lower cost of living than the national average
4th
Among U.S. cities where millennials are moving
Home to the
5th
Largest inland Port in the US
3rd
Best city for black-owned businesses
Home to
4
Major hubs: FedEx, UPS, USPS, & Air National Guard
Home Talent
- AutoZone
- FedEx
- St. Jude Children’s Research Hospital
- Terminix
- International Paper
#1
Highest concentration of medical supply manufacturing
2021
Memphis named one of the “World’s Greatest Places” by Time Magazine
2nd
Lowest cost of living among major cities
Home Talent
- AutoZone
- FedEx
- St. Jude Children’s Research Hospital
- Terminix
- International Paper
#1
Highest concentration of medical supply manufacturing
2021
Memphis named one of the “World’s Greatest Places” by Time Magazine
2nd
Lowest cost of living among major cities
