Memphians who braved the heavy rain last Saturday for the groundbreaking of Crosstown Concourse got their first taste of beer from Will Goodwin and Clark Ortkiese. The two behind the proposed Crosstown Brewing Company served samples of a nut brown ale and an IPA at the event. And they’re hoping to be serving more beer in the Crosstown neighborhood in about year or more when they establish their brewery either inside Crosstown Concourse (the new name for Sears Crosstown) or somewhere else in the neighborhood. They’re currently in talks with the Crosstown Development Team about available space. And while the … Continue reading Flyer: Q & A with Crosstown Brewing Company
Memphis-based Crew Training International has landed a contract with the U.S. Air Force. CTI, in partnership with Sonoran Technology and Professional Services, was awarded the $15 million contract this month. “This win was a great way to close out the year”, said Matthew Black, CTI’s vice president of Business Development. “With a total of 10 new contracts in 2014 in a very competitive market, it is evident that CTI and our teaming partners are committed to supporting the Air Force mission and training for the 21st century warfighter. We look forward to another exciting year at CTI.” The new contract started on Feb. 1, … Continue reading Memphis-based Crew Training International has landed a contract with the U.S. Air Force – Memphis Business Journal
“Graceland will always be home, but Las Vegas is set to be Elvis Presley’s home away from home yet again. Officials with Elvis Presley Enterprises Inc. and the Westgate Las Vegas casino-hotel revealed details Thursday of plans for “Graceland Presents Elvis: The Exhibition – The Show – The Experience” expected to open April 23, 59 years to the day when Elvis first performed in Las Vegas. Some 28,000 square-feet will house a rotating display of memorabilia and artifacts rarely seen outside Graceland’s Memphis, Tennessee, property. In addition, the very showroom where Presley performed several hundred sold-out shows when the casino-hotel … Continue reading Graceland Brings Elvis Back to His Las Vegas Home – Memphis Daily News
“Allegiant Air announced three new nonstop flights for Memphis International Airport this week, bringing a new type of low-cost carrier to the market. The airline’s expansion into Memphis came with a 48-hour sale of one-way promotional flights to Las Vegas, Fort Lauderdale and Orlando for under $100. Allegiant’s airports manager Eric Fletcher said prices would remain low after the promotion. The airline keeps airfares low by charging for what the company refers to as amenities. This includes seat assignments, meals and sodas, seat assignments and any luggage — carry-on or checked. Another cost saver is Allegiant’s flight schedule. The three new Memphis … Continue reading MBJ: Allegiant Air is able to keep airline tickets low by charging ancillary fees and other unconventional methods.
“An increase of more than 20 percent in fourth quarter sales provided a strong ending to a busy year for Memphis-based Wright Medical Group. Wright Medical reported net sales of $83.2 million in the fourth quarter, which was boosted by the launch of the company’s Infinity total ankle replacement system in the third quarter. An estimated 38 percent of Wright Medical’s growth in the ankle implant market was because of the Infinity system. For the year, Wright Medical’s sales increased to $298 million, compared to $242.3 million for 2013. In October, Wright Medical announced plans to merge with Tournier N.V., a Netherlands-based extremities … Continue reading MBJ: Wright Medical poised to grow in 2015 with Tornier merger and Augment release
The first year of life without TruGreen was pretty good for Memphis-based ServiceMaster Global Holdings Inc. The company reported an 8 percent increase in revenue, as well as growth of net income in the fourth quarter of 2014. ServiceMaster reported fourth quarter revenue of $577 million across all of its business segments. Revenue for the year also increased more than 7 percent to more than $2.45 billion. After reporting a net loss for the fourth quarter of 2013, ServiceMaster saw net income of $20 million, or 15 cents per share in the fourth quarter of 2014. The company still saw a net loss of … Continue reading MBJ: ServiceMaster releases fourth quarter, year end earnings
“Qsource, a Memphis-based health care consulting firm, has announced plans to merge with Indianapolis-based Network Strategies & Innovations Inc.. The merger will allow Qsource to expand its quality of care for people with end-stage renal disease. NSI will have an expanded corporate infrastructure but will continue to operate under its current name. Qsource operates throughout Tennessee, Kentucky and Indiana, while NSI operates in Indiana, Ohio, Kentucky and Illinois. Qsource will support the three ESRD Networks by providing corporate support and consolidating operational and administrative functions for finance, human resources, IT and procurement. Under terms of the agreement, NSI and its … Continue reading MBJ: Qsource announces merger with Network Strategies and Innovations Inc.
“The team behind the development of the historic Tennessee Brewery has acquired a key piece of property adjacent to the long-vacant structure as plans for the new Brewery Revival series of events there move forward. The development team, operating as 495 Tennessee LLC, purchased the vacant lot at 11 Butler Ave. from BCH Investments LLC for $1.25 million, according to a Feb. 23 warranty deed. The 1.6-acre slice of vacant land is key to the development team’s effort to save the 125-year-old brewery building at 495 Tennessee St. Developer Billy Orgel and his team plan to build a new, 90-unit apartment building on the site … Continue reading MDN: Brewery Developers Acquire Butler Avenue Land
” A double-digit percentage drop in robberies in Memphis and Shelby County in the first month of 2015 led to a 2 percent drop in major violent crimes for January in Shelby County and a 1.7 percent drop in Shelby County compared to January of 2014. The January statistics from the Memphis Shelby Crime Commission showed a 15.5 percent drop countywide in robberies compared to a year ago and a 13.8 percent drop in robberies from a year ago in Memphis. In other major violent crime categories tracked as part of Operation Safe Community, aggravated assaults increased 7.8 percent from … Continue reading MDN: Drop in Robberies Prompts Falling Violent Crime Rate
” Registration is open for the 10th Annual Alliance for Nonprofit Excellence Conference, to be held from 8 a.m. to 4 p.m. on Thursday, April 30. The event will be held at Temple Israel, 1375 E. Massey Road. Early Bird registration is $99 by April 1 for members. After April 1, members pay $120; non-members and walk-up registrants, $160; college students with valid ID, $50. Lindsay Austin Louie, program officer of the Hewlett Foundation’s Effective Philanthropy Group, will serve as the keynote speaker. Featured speakers include Lissette Rodriguez, managing director forEdna McConnell Clark Foundation, and Bill Schambra, director of the … Continue reading MDN: Nonprofit Conference to Be Held April 30 at Temple Israel