MBJ: Binghampton CDC gets $166K grant

MBJ: Binghampton CDC gets $166K grant “A handful of homes in the Highland Heights community will undergo a renovation thanks to a grant from the Tennessee Housing Development Agency (THDA). The Binghampton Community Development Corp. (CDC) was awarded a nearly $166,300 grant on behalf of the recently formed Heights Community Development Corp. The Binghampton CDC has built or remodeled 94 properties in the Highland Heights area over the last few years. ….” MBJ: Binghampton CDC gets $166K grant Continue reading MBJ: Binghampton CDC gets $166K grant

MDN: Another Acquisition Announced by NexAir

MDN: Another Acquisition Announced by NexAir Memphis-based nexAir has purchased Air Liquide’s liquid carbon dioxide and dry ice facilities in Millington. NexAir, a distributor of atmospheric gases and welding supplies, assumed operations at the facilities earlier this week, and the organization’s five employees will join nexAir’s Tennessee operations. NexAir will operate the business through nexAir Carbonic, a wholly-owned subsidiary of nexAir. The acquisition increases nexAir’s liquid carbon dioxide and dry ice offerings to the Memphis area. In addition to its knowledge of industrial and specialty gases and welding supplies, nexAir has supplied customers with dry ice for the last 15 … Continue reading MDN: Another Acquisition Announced by NexAir

MDN: Downtown Creativity Hub Seeks Permanent Home

MDN: Downtown Creativity Hub Seeks Permanent Home “Creative Works, the popular Downtown conference for artists and designers, is looking to set up shop year-round. Josh Horton, founder of Creative Works, and Russ Williams, CEO of Archer Malmo, are currently shopping the Downtown market for space to house a “creativity hub.” The vision includes co-working space, gallery space for communication arts, a resource library, workshops, speaker series, and regular community events similar to innovative meetups Ignite and Undercurrent. Horton also plans a grant program for Memphis’ creatives and a retreat area for corporate entities looking to think outside the cubicle. “The … Continue reading MDN: Downtown Creativity Hub Seeks Permanent Home

MDN: Olympus to Invest $12 Million in New Bartlett Distribution Center

MDN: Olympus to Invest $12 Million in New Bartlett Distribution Center “A Tokyo-based maker of medical and surgical products plans to invest $12 million in a service and distribution center in Bartlett. Olympus Corp. is building an East Coast national service and distribution center in Bartlett Corporate Park, a facility that will serve as a distribution point for Olympus medical equipment and devices like endoscopes, surgical devices and generators. It will be Olympus’ second national service center, with its first in San Jose, California. The Bartlett facility also will create 280 new jobs in Shelby County. Construction is expected to … Continue reading MDN: Olympus to Invest $12 Million in New Bartlett Distribution Center

MBJ: CBU emerges as new Crosstown High School partner

MBJ: CBU emerges as new Crosstown High School partner “Plans have resurfaced for a high school at Crosstown Concourse after Gestalt Community Schools abandoned its plans in October. Shelby County Schools superintendent Dorsey Hopson presented plans for a 500-student high school within the $200 million Crosstown development. The school would be a partnership between Shelby County Schools and recently formed nonprofit Crosstown High School Inc. Christian Brothers University president John Smarrelli, a partner in the newly formed nonprofit, would serve as the president of the school’s separate nonprofit board, similar to the structure of the University of Memphis’ Campus School. … Continue reading MBJ: CBU emerges as new Crosstown High School partner

MBJ: American Residential Services goes on shopping spree

MBJ: American Residential Services goes on shopping spree “Memphis-based American Residential Services (ARS) just bought three companies in as many days. The three companies — Atlas Trillo in San Jose, California; Greenstar Home Services, which operates locations in Orange, California, and Las Vegas, Nevada; and Aspen Air Conditioning in Boca Raton, Florida — all came under the ARS banner last week. Headquartered in Memphis, American Residential Services operates the Conway Services and Rescue Rooter brands locally. ….” MBJ: American Residential Services goes on shopping spree Continue reading MBJ: American Residential Services goes on shopping spree

MBJ: Trucking company expands to Memphis

MBJ: Trucking company expands to Memphis “Dayton Freight Lines Inc. is expanding once again. The trucking company announced this week it opened a new $1 million, 32-door service center in Memphis. This will be its first facility in Tennessee, serving customers in that state as well as Mississippi and Arkansas. “This facility’s location is in response to current customer demand, and the potential to serve many more customers in the southern U.S.,” said Jody Street, manager of the center. Dayton Freight is mainly an LTL — or less than truckload — carrier, which means it carries items for multiple customers … Continue reading MBJ: Trucking company expands to Memphis

MDN: UTHSC Postdoctoral Fellow Researching Brain Proteins

MDN: UTHSC Postdoctoral Fellow Researching Brain Proteins “Dr. Lynda Wilmott, a postdoctoral fellow at the University of Tennessee Health Science Center, has received a $52,500 grant to explore proteins in the brain that play a key role in controlling the communication of nerve cells that are important for encoding and storing memories. The grant from the Glenn/AFAR Postdoctoral Fellowship Program for Translational Research on Aging will allow Wilmott to explore how changes in these proteins affect aging and Alzheimer’s disease. Wilmott currently works in the laboratory of Dr. Catherine Kaczorowski, assistant professor in the Department of Anatomy and Neurobiology in … Continue reading MDN: UTHSC Postdoctoral Fellow Researching Brain Proteins

MDN: Xedo Launches Memphis Distribution Center

MDN: Xedo Launches Memphis Distribution Center “After setting up its U.S. headquarters and a 240,000-square-foot distribution facility in Memphis, as well as lining up a local tax incentive package in late 2014, a tuxedo company with an online rental platform has started taking its first orders. Xedo, a division of U.K.-based tuxedo rental company ACS, is a venture built around marrying convenience and technology with taste and high fashion. The company – which Xedo North America CEO Peter Abruzzo told The Daily News has wanted to expand into the U.S. for a while now – offers online rentals of affordable … Continue reading MDN: Xedo Launches Memphis Distribution Center

MBJ: Forbes tags Grizzlies’ worth at $780 million

MBJ: Forbes tags Grizzlies’ worth at $780 million “Partially due to revenue-sharing checks of more than $20 million annually, the Memphis Grizzlies have seen their value increase to $780 million. That value is good enough to make the Grizzlies the 25th most valuable NBA team, according to Forbes’ annual NBA ranking. ….” MBJ: Forbes tags Grizzlies’ worth at $780 million Continue reading MBJ: Forbes tags Grizzlies’ worth at $780 million