MBJ: Marine Hospital developer a big winner, despite I-55 bridge closing

“While truck drivers, commuters, vacationers and transportation magnates may be concerned about the inevitable closing of the I-55 bridge, Lauren Crews, the developer behind the renovation of the Marine Hospital in the French Fort neighborhood, says it’s about time. … Wednesday, the Tennessee Department of Transportation announced plans to close the I-55 for nine months beginning in spring 2017 for interchange improvements. TDOT has been working to identify a solution for the I-55/Crump Boulevard interchange for nearly 10 years. In 2010, “after numerous public meetings and hundreds of public comments,” TDOT selected a roundabout design that would relieve congestion, reduce crashes and provide an uninterrupted … Continue reading MBJ: Marine Hospital developer a big winner, despite I-55 bridge closing

MBJ: Pride Mobility Corp. and Emerald Home Furnishings locating manufacturing operations in Mississippi

“Two furniture manufacturers are bringing a combined 300 jobs to Mississippi. Pride Mobility Corp., which manufactures mobility chairs and scooters, is investing $2 million in a new facility in Pontotoc, creating 150 jobs. At the same time, Emerald Home Furnishings is building a new facility in New Albany. That project will also have a $2 million investment and create 150 jobs. … Emerald Home Furnishings will build its facility in a building that was previously used for manufacturing by Hickory Springs. … Both companies will receive assistance from the Mississippi Development Authority, as well as the city of Pontotoc and … Continue reading MBJ: Pride Mobility Corp. and Emerald Home Furnishings locating manufacturing operations in Mississippi

MBJ: Memphis logistics company expands with Bed Bath & Beyond contract

“A Memphis-based distribution and logistics company has leased more than 334,000 square feet of industrial space in a nationwide expansion. Founded in Memphis in 1984, Wesley Kraker Enterprises Inc., now operating as logistics aggregator Pathmark Transportation Co., has leased distribution space in Memphis, Houston, Atlanta and Orlando to accommodate a new client: Bed Bath & Beyond. Pathmark is responsible for distributing Bed Bath & Beyond merchandise to various stores across the country. Pathmark Transportation Co., headquartered in the i-Bank or White Station Tower in Memphis, has leased 56,000 square feet of the ACEE Business Center at 200 Collins Road in Binghampton. … Continue reading MBJ: Memphis logistics company expands with Bed Bath & Beyond contract

Hytrol Conveyor expanding in Jonesboro – Memphis Business Journal

“Hytrol Conveyor is expanding its Jonesboro operation. … Hytrol is a manufacturer of advanced conveyor systems. The company employs around 800 people in Jonesboro, and will create 36 new jobs when the expansion is completed in early 2016.” Hytrol Conveyor expanding in Jonesboro – Memphis Business Journal. Continue reading Hytrol Conveyor expanding in Jonesboro – Memphis Business Journal

MDN: TruGreen Inches Closer to New Memphis Headquarters

TruGreen will move its 300 Memphis-area employees to a new corporate headquarters by the end of 2015, a move that will solidify the company’s spot in the Memphis business landscape. … Simpson said TruGreen – one of the best-known brands in lawn care – has narrowed its search for a new headquarters to three buildings in two general areas, East Memphis and Germantown. Currently, TruGreen shares space with ServiceMaster in the five-floor office building at 860 Ridgelake Boulevardin East Memphis. TruGreen occupies one of the five floors at the Ridgelake office building. TruGreen also occupies half a floor in a nearby … Continue reading MDN: TruGreen Inches Closer to New Memphis Headquarters

MBJ: Memphis among top 10 cities for millennial job seekers

“Memphis has made another top 10 list — this time it’s the best places for millennial job seekers in the state of Tennessee. NerdWallet, a personal finance website, focused on 87 Tennessee cities with populations of more than 5,000. Memphis was by far the largest city on the list and came in overall at No. 8, with millennials accounting for nearly a quarter of the population at 23.62 percent. ….” Memphis among top 10 cities for millennial job seekers – Memphis Business Journal. Continue reading MBJ: Memphis among top 10 cities for millennial job seekers

MBJ: VIA Productions acquires Otter Creek Productions

“Memphis-based VIA Productions has acquired Memphis-based Otter Creek Productions, an equipment rental company. Financial details of the transaction were not disclosed, but it is expected to be finalized May 20. Founded in 2007, Otter Creek rents cameras and equipment to production companies around the United States. VIA, a production company that has produced numerous commercials and the award-winning documentary “Memphis Heat,” along with work on the upcoming documentary feature “The Invaders,” doesn’t currently offer equipment rentals. Otter Creek will continue servicing its current client base, and the new division will be branded as VIA Camera. “Otter Creek and VIA joining … Continue reading MBJ: VIA Productions acquires Otter Creek Productions

MBJ: Cummins Inc. officially staying in Memphis

“Just over six months after receiving a 15-year tax abatement to expand its Memphis facility, Cummins Inc. has officially committed to staying in Memphis. Cummins will invest $6.7 million to expand its parts and distribution center, a move that is expected to create nearly 70 jobs. “Our department isn’t just focused on recruiting new businesses to the state,” said Randy Boyd, commissioner of the Tennessee Department of Economic and Community Development. “We also work hard to nurture and support all of our existing industries, which is why it’s so rewarding to see Cummins, Inc.’s continued growth.” … Cummins Inc. designs, manufactures, distributes and services diesel and … Continue reading MBJ: Cummins Inc. officially staying in Memphis

MDN: Cummins Will Stay, Expand in Memphis

“Ending months of speculation, Cummins Inc. will remain – and expand – in Memphis, according to state and company officials. Cummins and the Tennessee Department of Economic and Community Development said the company would invest $6.7 million to expand its current parts and distribution center in Memphis, creating 70 new jobs in the process. “Our department isn’t just focused on recruiting new businesses to the state,” said ECD commissioner Randy Boyd. “We also work hard to nurture and support all of our existing industries, which is why it’s so rewarding to see Cummins Inc.’s continued growth.” Cummins – a global power … Continue reading MDN: Cummins Will Stay, Expand in Memphis

CA: Memphis receives IBM Smarter Cities grant to address fire department EMS calls

“Saying nonemergency calls to the Memphis Fire Department’s emergency medical services are driving up response times and costs, Mayor A C Wharton was in Las Vegas Monday to accept an IBM Smarter Cities grant that will use data to combat the problem. Memphis is one of 16 cities worldwide, and four in the United States, to receive part of this year’s round of grants, which IBM values at $500,000 each. About 100 cities applied, an IBM executive said at the IBM Edge Conference. “Our resources are limited so we have to do so much more,” Wharton told conference attendees. He said IBM’s … Continue reading CA: Memphis receives IBM Smarter Cities grant to address fire department EMS calls