May 23, 2014

1.  ABF Freight, whose expansion possibilities have been chronicled by the Memphis Business Journal, was awarded a $4 mill 15-year pilot by the Economic Development Growth Engine of Memphis and Shelby County to facilitate a potential expansion:  “ABF did not say the PILOT sealed the deal but that it was crucial for Memphis’ chances.” 2.  A local 3-day conference for creative artists and designers will occur in October at the Visible School downtown:  “The inaugural Creative Works design conference will take place Oct. 3-5 at Visible Music School… Regular admission is $200, and discounts for students are available. Early-bird admission, which ends … Continue reading May 23, 2014

News on remodel/replacement of FedEx Air Operations Center

Bizjournals reported a possible overhaul or outright replacement of the FedEx its Air Operations Center: in a prepared statement that a long-term master plan to renovate the entire, roughly 40-year-old building – or possibly move operations to a new building – is ‘currently under study.’ … ‘Since we are a 24-hour operation, this area has gotten fairly heavy traffic around the clock for nearly 20 years, so just like a well-used living room, it needs freshening up,” a company statement reads. “But this is more than just cosmetic; technology has changed immensely since 1997 so we are completely renovating this … Continue reading News on remodel/replacement of FedEx Air Operations Center

Monday news — business profile, company expansions, and more

1.  The Daily News had a great profile of another under-exposed locally-based company.  Mind Over Data “is a custom software development firm founded in 2002 that, in addition to specializing in interactive, touch-screen kiosks, also has expertise in mobile applications for Android and iPhone; business process automation; development of portals, intranets and extranets; and knowledge management and collaboration.” They are trying to increase their visibility because many people, especially Memphians, do not know they exist (including me — not that that is a litmus test for anything).  But, FedEx, International Paper, Wright Medical, The Woody Guthrie Center in Tulsa, GTOO Media in the DC-Maryland … Continue reading Monday news — business profile, company expansions, and more

Details on new Graceland hotel

Details are emerging, as well as preliminary depictions of the anticipated new Graceland-area hotel. From the Bizjournals: “The 450-room Guest House at Graceland will closely resemble the Graceland mansion, according to early architectural drawings released by Elvis Presley Enterprises. The $70 million hotel will have a resort feeling with a large swimming pool and outdoor events area, as well as more than 400 parking spaces for guests.” From the Daily News: “The resort-style Guest House at Graceland is a $70 million project whose still-tentative plans include not only a restaurant and sports lounge with the 450 rooms, but also a performance center and meeting … Continue reading Details on new Graceland hotel

Not much news this morning

Here’s a couple of articles: 1.  Despite success of Brewery Untapped, the Tennessee Brewery’s fate is still uncertain: “Meanwhile, attention soon will focus, if it hasn’t already, on what comes after Untapped. Because what might not be readily apparent from the crowds and celebratory atmosphere is that an Aug. 1 deadline for the brewery’s sale still stands. Rasberry CRE principal James Rasberry, representing the brewery’s ownership, said this week that Untapped’s success hasn’t changed the requirement that a buyer must emerge to prevent demolition of the brewery after Aug. 1. “Unless we have a sale, we’re still going to move forward … Continue reading Not much news this morning

1.  Volvo Distribution facility:  Byhalia has attracted a new 1 mill sq ft Volvo distribution facility, to employ 250.  It will support commercial trucks as part of streamlined N.A. distribution network.  The Daily News indicates it will be located at the Gateway Global Logistics Center, straddling Fayette (TN) and Marshall (MS) counties.  Bizjournals also has an article about it.  On the heels of recently announced news of progress regarding the billion dollar steel plant in Osceola, Arkansas, this bodes well for the strengthening of the region surrounding Memphis. 2.  Dancing on Broad:  Dancing on Broad is a new, free, weekly dancing … Continue reading

Other recent news

1.  CBU is preparing to graduate its first class of Physician Assistants:  “The first group of students in Christian Brothers University’s physician assistants program will graduate May 31.” 2.  The Blues Hall of Fame is breaking ground:  “The headquarters of the Blues Foundation at 421 S. Main St. will become the hall of fame over a 10-month construction period with the foundation offices moving to temporary quarters during that time.” 3.  New flights to Memphis International Airport have been announced.  From the Daily News (here):  “United is adding a daily flight to Denver and American Airlines/US Airways will add an additional daily … Continue reading Other recent news

New investments in Memphis biotech/research

2 stories this month of million-dollar funding and investment in research in Memphis: 1. Bizjournals: “Immuno Technologies Inc., a Memphis-based medical research and development company has been awarded $1 million in federal funding to further develop technology that can help doctors rapidly diagnose Lyme disease. The funding comes through the National Institutes of Health’s Small Business Innovation Research grant program.” 2. Bizjournals:  “Andrew Kang, professor in the Division of Connective Tissue Diseases in the College of Medicine at the University of Tennessee Health Science Center, has received a $1.65 million grant to study rheumatoid arthritis.” Congratulations to all involved! Continue reading New investments in Memphis biotech/research