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Editorial Results (free)

1. Wright Medical Investing in Arlington -

Just months after relocating its corporate headquarters to Memphis, Wright Medical Group Inc. is planning a $4.3 million expansion of its manufacturing and distribution operations in Arlington.

2. Wright Medical Investing in Arlington -

Just months after relocating its corporate headquarters to Memphis, Wright Medical Group Inc. is planning a $4.3 million expansion of its manufacturing and distribution operations in Arlington.

3. Enovate Medical Expanding in Murfreesboro -

NASHVILLE (AP) – State officials say medical device company Enovate Medical plans to expand its operations at its U.S. headquarters in Murfreesboro, adding 410 jobs in the next five years.

4. Yellen: Job Market Needs Low Rates 'For Some Time' -

WASHINGTON (AP) – Federal Reserve Chair Janet Yellen made clear Monday that she thinks the still-subpar U.S. job market will continue to need the help of low interest rates "for some time."

5. Bares: EPIcenter Effort Targets ‘Scalability’ -

It’s all about “scalability” when it comes to creating new businesses in Memphis, and that means creating ones with a reach beyond the city to customers in other places – customers that more often than not are other businesses, not consumers.

6. Fresenius to Create 665 Jobs at New Knox Plant -

KNOXVILLE (AP) – Renal services provider Fresenius Medical Care has announced it will locate its East Coast manufacturing facility in Knoxville, creating 665 jobs in the coming years.

Gov. Bill Haslam said in a release that the German company plans to spend up to $140 million on the project to build the plant in the city's Panasonic building.

7. Experts to Begin Investigating Plant Explosion -

TOONE, Tenn. (AP) – A response team is expected to begin investigating an explosion at a manufacturing plant in western Tennessee that injured an employee.

Media report a team of chemists, engineers and bomb technicians assembled by the Bureau of Alcohol Tobacco and Firearms was expected to begin its probe on Monday morning.

8. Call Center ‘Gratifying’ for Local Office Sector -

Conduit Global’s announcement this week that it is locating a call center in Shelby County that will employ 1,000 people was a breath of fresh air for local office real estate professionals.

9. States Urged to Register Compounding Pharmacies -

BOSTON (AP) – The commissioner of the U.S. Food and Drug Administration has sent letters to state agencies and other stakeholders across the country calling on them to encourage compounding pharmacies to register as producers of sterile drugs in an effort to protect the public.

10. Lindow Rejoins The Centre Group -

Tracy Lindow has rejoined The Centre Group human resources firm as a senior consultant following several years in Germany. As a senior consultant, Lindow will help organizations improve their bottom line through human asset development by leveraging compensations strategies, executive search, employee attitude research and leadership skills development.

11. Wright Medical Division Sale Gets Green Light -

The Hong Kong Stock Exchange has given Shanghai-based MicroPort Scientific Corp. the green light to move ahead with its $290 million acquisition of Wright Medical Group Inc.’s knee and hip division.

12. Wright Medical Division Sale Gets Green Light -

The Hong Kong Stock Exchange has given Shanghai-based MicroPort Scientific Corp. the green light to move ahead with its $290 million acquisition of Wright Medical Group Inc.’s knee and hip division.

13. Fresh Market, Whole Foods Seek Approval From Boards -

Two planned high-profile grocery stores will be seeking regulatory approval in the coming weeks.

The Fresh Market is applying for a special-use permit from the Land Use Control Board Dec. 12 to convert the existing Ike’s store on Union Avenue into one of the chains upscale grocery stores.

14. Health Overhaul Debate Snags Senate Pharmacy Bill -

WASHINGTON (AP) – A year after a meningitis outbreak from contaminated pain injections killed at least 64 people and sickened hundreds, Congress is ready to increase federal oversight over compounding pharmacies that custom-mix medications.

15. Mechatronics -

“Mechatronics.” Tennessee Gov. Bill Haslam said the word so fast that it got lost in the echo of the large aircraft hangar at the Tennessee College of Applied Technology near Memphis International Airport.

16. Sales Can’t Save Wright’s Quarter -

Memphis-based Wright Medical said that while sales soared in the third quarter, its quarterly loss swelled to $130 million due to the write-down of its recent acquisition of bone graft maker BioMimetic.

17. Wright Medical to Present at Health Care Conference -

Memphis-based Wright Medical Group Inc. will participate in the Credit Suisse 2013 Healthcare Conference Nov. 14.

18. Wright Medical to Present at Health Care Conference -

Memphis-based Wright Medical Group Inc. will participate in the Credit Suisse 2013 Healthcare Conference Nov. 14.

19. Fisher Joins Boy Scouts Chickasaw Council as CEO -

Richard L. Fisher has joined the Chickasaw Council of the Boy Scouts of America as chief executive officer. In his new role, Fisher will extend character development and leadership skills to youth who live in the Chickasaw Council territory, which includes the Mississippi Delta, Memphis, and Shelby and Crittenden counties.

20. Flagship Facility -

NexAir, one of the largest distributors of atmospheric gases and welding supplies in the country, recently debuted a new advanced welding and cutting demonstration lab at its renovated Downtown headquarters on Walnut Street.

21. Hanging Around -

The Pickering Firm Inc. is the architect and engineer of record for Nike’s massive, 1.7 million-square-foot facility expansion in Frayser.

22. Health Care’s ‘Lost Opportunity’: A Q&A with Phil Bredesen -

More than two years after leaving state office, Phil Bredesen, the popular former governor and mayor of Nashville, is still on the go. While enjoying a post-political life in Nashville that includes gardening and grandparenting with his wife, Andrea Conte, Bredesen remains active in promoting bipartisan solutions to issues such as the national debt as a speaker and as a member of the Governors’ Council of the Bipartisan Policy Center, a Washington, D.C.- based think tank.

23. FDA Requires Tracking Codes on Medical Implants -

WASHINGTON (AP) – Federal health regulators will begin tracking millions of medical devices, from pacemakers to hip replacements, using a new electronic system designed to protect patients by catching problematic implants earlier.

24. FDA Defining What "Gluten Free" Means on Packages -

WASHINGTON (AP) – A label that reads "gluten free" will now mean the same thing for all food, regardless of which kind you buy.

After more than a six-year delay, the Food and Drug Administration has set a new standard for labels that will make shopping easier for consumers on gluten-restricted diets. Until now, the term "gluten free" had not been regulated, and manufacturers made their own decisions about what it means.

25. Wright Medical Group Seeks Tax Breaks to Relocate to Memphis -

Arlington-based Wright Medical Group Inc. is seeking tax freezes to retain 225 jobs, add 35 new jobs and invest $10.6 million into a new headquarters on Cherry Road in East Memphis.

26. Onyx Carves Niche in Medical Device Arena -

Medical device firm Onyx Medical Corp. experienced a record year in 2012, and that momentum has carried over through 2013.

27. Suburbs See Different Sales Tax Realities -

While Shelby County and city of Memphis government leaders have grappled with the loss of property value and its impact on the property tax rates for both governments, suburban leaders have a different reality.

28. A Year Later: ZeroTo510 Companies Still Going -

Charleson Bell thought he and his associates had a solid business model for the startup they launched last year called BioNanovations, which is developing devices that use bionanotechnology for quickly diagnosing bacterial infections.

29. FDA Finds Fungus in Drugs From Tennessee Pharmacy -

WASHINGTON (AP) – Federal health officials say they have found bacteria and fungus in drug vials from a Tennessee specialty pharmacy that recalled all of its injectable medicines last month.

30. FDA Warns of Infections Tied to Tennessee Pharmacy -

WASHINGTON (AP) – Health officials are investigating cases involving patients who suffered complications after being injected with potentially contaminated medications made by a Tennessee specialty pharmacy.

31. FDA Could Oversee Some Compounds -

A Senate panel on Wednesday, May 22, approved a bill that would tighten oversight of specialized compounding pharmacies and bring them under Food and Drug Administration control.

Compounding drugs, particularly sterile injectables, has fallen under the scrutiny of the FDA because of a string of recent health emergencies. In 2012, an outbreak of fungal meningitis was linked to an injectable steroid that infected hundreds of people across the U.S. The outbreak, which resulted in serious injuries and deaths, was tied to a firm in Framingham, Mass. In 2011, contaminated injectable eye medications also resulted in serious health problems.

32. Medtronic Sees Revenue Rise; Spine Sales Falter -

Medtronic Inc. said Tuesday, May 21, its fourth-quarter revenue rose, aided by increasing sales of pacemakers and defibrillators. The figure beat expectations from analysts, who had expected demand to wave.

33. Alexander Denounces Device Tax -

U.S. Sen. Lamar Alexander, R-Tenn., said he’d push to repeal a tax that levies an extra 2.3 percent on the sales of medical devices, saying the tax makes it harder for medical device makers to hire new employees.

34. Shortages Impact Compounding Pharmacies -

In recent years, the U.S. Food and Drug Administration has reported an increase in the number of drug shortages and discontinuations.

The number of drug shortages reported to the FDA gained 41 percent to 251 shortages in 2011, compared to 178 shortages reported in 2010. The agency says it continues to see an increasing number of shortages, including drugs used to treat cancer, anesthetics used for patients undergoing surgery, drugs needed for emergency medicine and injectable drugs. The FDA also has reported a spike in the number of medications that have been discontinued.

35. Mississippi House OKs List of Tax Breaks for Businesses -

JACKSON, Miss. (AP) – The Mississippi House has approved tens of millions of dollars' worth of tax breaks for businesses, but it's unclear if the proposals will survive the Senate.

A top budget writer, House Appropriations Committee Chairman Herb Frierson, estimated Tuesday that the proposed tax breaks would be worth at least $50 million a year and he said that's a big problem. Frierson, R-Poplarville, said the $5.5 billion state budget is already stretched thin. He said even if legislators spend all the available cash for the fiscal year that starts July 1, they'd still be $172 million short of paying for critical needs. Taking out another $50 million would put the shortage at $222 million.

36. Dynamic Imaging -

MRI Interventions Inc. is intensifying rollout efforts for its cutting-edge ClearPoint Neuro Intervention System imaging system.

37. Expert: Memphis Has Big Story to Tell -

Memphis area commercial real estate brokers were not only brought up to speed on the latest numbers and trends Thursday, Feb. 7, at the Memphis Area Association of Realtors Commercial Property Forecast Summit – they were also briefed on how to tweak their marketing strategy to recruit business by a former executive with the Federal Reserve.

38. New Breed Expands Memphis Footprint -

New Breed Logistics recently announced plans to expand its Memphis operations with an investment of $23 million that will create 468 warehouse and distribution jobs.

The privately held 3PL company helps businesses design and operate efficient supply chains. Its newest facility will consist of 404,000 square feet at 4585 Quality Drive, and the company will also significantly expand operations inside its facility at 4895 Citation Drive.

39. Medtronic Narrows Guidance on Tax Credit -

MINNEAPOLIS (AP) – Medtronic Inc. narrowed its earnings guidance for its 2013 fiscal year Monday following the renewal of a key tax credit.

40. U.S. Employers Add 155,000 Jobs in December -

WASHINGTON (AP) – U.S. employers added 155,000 jobs in December, a steady gain that shows hiring held up during the tense negotiations to resolve the fiscal cliff.

The solid job growth wasn’t enough to reduce the unemployment rate, which remained 7.8 percent last month, the Labor Department said Friday. The rate for November was revised up from an initially reported 7.7 percent.

41. Payne Joins Fulton CPAs as Senior Accountant -

Tarasha Payne has joined Fulton CPAs PLLC as a senior accountant in the areas of taxation, compilation and reviews, and client services. Payne has more than 15 years’ experience in the field and is working toward CPA certification. The announcement comes on the heels of big changes at the accounting firm, including new ownership and a name change from Polsgrove & Fulton. (See The Daily News’ Monday, Dec. 17, edition for more information.)

42. Local Logistics Firms Expand Medical Real Estate Offerings -

Memphis area industrial brokers are reporting an increase in activity with third-party and proprietary logistics companies involved in distribution of medical/pharma-related product.

During the second half of this year, several local companies have inked new leases that will expand their overall space in the Memphis area, creating new jobs in the process.

43. Bioventus Inks Deal for 40,000 Square Feet -

A Durham, N.C.-based biologics company is relocating its Memphis presence, signifying a boon to the Northeast office submarket.

Bioventus LLC has inked 38,880 square feet of office and manufacturing space in Goodlett Farms Business Campus, 1900 Charles Bryan Road, in Cordova.

44. Mid-South Business Makes its Mark -

Mid-South Marking Systems, a one-stop shop for any business that needs to distribute and track products, continues an impressive growth trajectory.

The company provides bar code and RFID (radio frequency identification) solutions for local and national clients in industries including manufacturing, retail, health care, pharmaceutical, government and distribution.

45. Republicans Grill FDA Chief on Meningitis Outbreak -

WASHINGTON (AP) – Republican lawmakers challenged the country's top medical regulator Wednesday to explain why her agency did not take action sooner against the specialty pharmacy at the center of a deadly meningitis outbreak.

46. Excise Tax Looms for Local Device Companies -

A new excise tax will be levied on medical devices beginning Jan. 1, and the impact will be significant for medical device companies with a Memphis presence.

Large players like Wright Medical Technology Inc. and fledgling outfits like Arrowhead Medical Device Technologies Inc. are preparing for the 2.3 percent pinch on each device sold in the U.S., including pacemakers and stents, defibrillators, artificial joints, chemotherapy delivery systems, surgical tools and X-ray machines.

47. Medtronic to Buy Chinese Company for $816 Million -

MINNEAPOLIS (AP) – Medtronic Inc. will buy China Kanghui Holdings for $816 million, helping it expand in one of the world’s fastest growing medical device markets.

48. Growth Streak -

Andrew Holliday and Daniel Brown, the founding partners of Memphis-based branding and marketing firm Harvest Creative, used to joke about one day making the Inc. 500|5000, the list published each year by Inc. Magazine that honors the fastest-growing private companies in the U.S.

49. Brown Joins REACH As Vice President -

Stephen Brown has joined REACH Human Capital as vice president of business development. In his new role, Brown will assist companies in selecting and training employees.

50. Most Americans Say the Rich Don't Pay Enough Taxes -

WASHINGTON (AP) – As the income gap between rich and poor widens, a majority of Americans say the growing divide is bad for the country and believe that wealthy people are paying too little in taxes, according to a new survey.

51. Workforce Preparation -

Tennessee Gov. Bill Haslam has been hearing the same thing as he travels across the state holding forums on higher education.

Tennessee’s technology centers don’t have the equipment that employers want to see their workers trained on before they hire them.

52. Chance Meeting Leads Lambert to Legal Career -

As an undergraduate student studying communications at the University of Mississippi, Mark Lambert was leaning toward a career in advertising, and the possibility of being an attorney had never even crossed his mind.

53. Teleflex Lease Marks Largest In Two Years -

Medical device company Teleflex Inc. has inked a substantial lease in DeSoto County, continuing to reduce the availability of Class A bulk inventory in the local industrial market.

54. StyleCraft Signs Lease At Airways Building E -

Home decor company StyleCraft Home Collection Inc. has signed a 167,600-square-foot lease at Industrial Developments International’s Airways Distribution Center Building E.

55. Bioworks Event Spotlights Device Industry -

Physicians, venture capitalists, entrepreneurs, academics, government representatives and members of the Memphis area’s life sciences industry on Monday, June 11, heard Dr. Jeffrey Shuren, director of the Food and Drug Administration’s Center for Devices and Radiological Health, discuss how the center is working to become more efficient and transparent.

56. Memphis-Based MRI Interventions Goes Public -

This week marks a milestone for Memphis-based MRI Interventions Inc., which began trading as a public company Monday, May 21.

57. Montoya Speech Highlights Biotech Trade Opportunities -

With an emerging economy and expanding middle class, the Philippines – the honored nation of this year’s Memphis in May International Festival – is experiencing a growing demand for biotechnology products. That demand is creating business opportunities for Mid-South life science companies seeking a market presence in the Southeast Asian country known as the “Pearl of the Orient.”

58. Garrett to Head Adult Programs At Literacy Mid-South -

Alfred Garrett has been promoted to director of adult programs at Literacy Mid-South. Previously the adult programs manager, Garrett’s new role will include establishing and maintaining program delivery policies, evaluating effectiveness and measuring outcomes for the nonprofit organization’s adult programs.

59. MBBA Panel Puts Focus on Sustainability -

Members of the region’s corporate, academic, government and nonprofit sectors seeking more knowledge about best practices in sustainability packed the ballroom of The University Club, 1346 Central Ave., on Thursday, April 26, for a luncheon panel discussion hosted by Memphis Bioworks Business Association.

60. Performance Of Memphis Public Cos. Varies Widely -

Memphis is home to several publicly traded companies that have made an indelible mark on industries ranging from transportation to finance and manufacturing.

Here’s a snapshot of how those companies are faring at the moment. (For a detailed look at AutoZone, see related story, "The Fast Lane.")

61. Growing Power -

The outlook is as bright as ever for the local solar industry. Two large solar arrays are opening this week in Memphis and Haywood County, while industry leaders are gathering here this week to tout solar power and its growth in Tennessee in recent years.

62. ‘Washington Courtyard’ Sells For $900K -

A trio of office buildings at Washington Avenue and Danny Thomas Boulevard has traded hands for $900,000.

Investment group 301 WA LTD LLC of Arizona purchased the assets from Gregory Realty GP. Brian Califf of NAI Saig Co. represented the seller.

63. Nucor, FedEx Among Incentive Recipients -

Millions of dollars in new investment, a few major corporate expansions and the retention of hundreds of local jobs – not to mention the creation of new demand for local construction workers and contractors – all were guaranteed by tax breaks awarded this week by the city-county Economic Development Growth Engine board.

64. Major Projects on Tap at EDGE Meeting -

Representatives of FedEx Express, a major steel producer, a medical diagnostics company and a manufacturer for the baking industry will all be in front of local economic development officials Wednesday, Feb. 15, in pursuit of financial incentives.

65. Obama Promotes Job Training at Community College -

ANNANDALE, Va. (AP) – President Barack Obama called on Congress Monday to create an $8 billion fund to train community college students for high-growth industries, giving a financial incentive to schools whose graduates are getting jobs.

66. Client Satisfaction Key To Linkous’ Success -

Since its grand opening on May 2, 2010, Highland Church of Christ on Houston Levee Road in Cordova has been a special source of inspiration and promise for congregation member Rusty Linkous, owner and director of business development for Linkous Construction Co. Inc.

67. Fees Part of Device Industry Transparency -

The U.S. Food and Drug Administration’s recent preliminary agreement to work toward more predictable, transparent reviews of new medical implants in exchange for doubling user fees for manufacturers could help stabilize the beleaguered medical device industry.

68. Rising Factory Output Gives Economy a Lift -

WASHINGTON (AP) – U.S. factories are roaring back from the depths of the recession, cranking out more machinery, vehicles and energy.

Factory production has surged 15 percent above its lows of 2½ years ago and is helping drive the economy's recovery.

69. Launch Medical Planning $4.8M Expansion in Bartlett -

Medical device development company Launch Medical is planning to expand its Bartlett operations by investing $4.8 million in the company’s existing building on Wolf Lake Road. Over a five-year period, the expansion will create 40 jobs centered on manufacturing medical device prototypes.

70. Launch Medical Plans $4.8M Expansion, Will Create 40 Jobs -

Medical device development company Launch Medical is planning to expand its Bartlett operations by investing $4.8 million in the company’s existing building on Wolf Lake Road. Over a five-year period, the expansion will create 40 jobs centered on manufacturing medical device prototypes.

71. Bill Would Make Drug Price Gouging a Federal Crime -

TRENTON, N.J. (AP) – Price gouging on prescription drugs already in short supply would become a federal crime under legislation about to be introduced.

Sen. Charles E. Schumer, D-N.Y., said he's proposing a bill that that would give the U.S. Department of Justice authority to crack down on "unscrupulous drug distributors" who sell hospitals life-saving prescription medicines in short supply at huge markups.

72. Education Key to Life Sciences Jobs -

As pioneers in industrial real estate, we’ve forever beaten the drum about our area’s logistics prowess. We’ve been known as America’s Distribution Center for decades, with a transportation hub that boasts superior rail, roadway, river and air cargo access.

73. Successful Year -

The Greater Memphis Chamber’s annual chairman’s luncheon next month is expected to draw more than 1,000 business leaders and elected officials to a celebration of the economic and cultural health of the city.

74. Poorest Poor in US Hits New Record: 1 in 15 People -

WASHINGTON (AP) – The ranks of America's poorest poor have climbed to a record high – 1 in 15 people – spread widely across metropolitan areas as the housing bust pushed many inner-city poor into suburbs and other outlying places and shriveled jobs and income.

75. Seeing Success -

On the surface, they don’t have much in common other than their home turf. They include everything from a venerable law firm, prominent regional investment companies, tech firms and even a business that manufactures food products like hot dogs and sandwich meats.

76. Jackson Joins Devcon Security as GM -

Eric Jackson has joined Devcon Security as general manager of the company’s Memphis branch. Jackson’s primary focus will be hiring and training sales people and technicians, as well as building daily branch operations and acting as the brand ambassador to building partnerships in the community.

77. Apple Expected to Unveil New iPhone This Week -

SAN FRANCISCO (AP) – Apple fans are amped. The computer and gadget maker is expected to announce a new, more powerful version of its wildly popular smartphone this week – more than a year after it unveiled the iPhone 4.

78. AP IMPACT: Hospital Drug Shortages Deadly, Costly -

TRENTON, N.J. (AP) – A drug for dangerously high blood pressure, normally priced at $25.90 per dose, offered to hospitals for $1,200. Fifteen deaths in 15 months blamed on shortages of life-saving medications.

79. Staying Afloat -

Compared to the overall U.S. construction landscape, Memphis’ position appears to be managing fairly well.

Within the last 10 months, the city has landed several heavy manufacturing projects – Electrolux, Mitsubishi Electric Power Products Inc. and Kruger Inc., to name a few – in a time when, nationally, the manufacturing sector is stagnant.

80. Campbell Clinic Rolls Out New Identity -

An established brand in Memphis health care has undergone a makeover. Campbell Clinic, a household name in orthopedic care for more than 100 years, is introducing its new brand identity to patients and the health care industry through its website, signage and billboards.

81. Drug Prices to Plummet in Wave of Expiring Patents -

The cost of prescription medicines used by millions of people every day is about to plummet.

The next 14 months will bring generic versions of seven of the world's 20 best-selling drugs, including the top two: cholesterol fighter Lipitor and blood thinner Plavix.

82. Wright Medical Announces ArthroCare Distribution Deal -

Wright Medical Group Inc. has announced a supply and distribution agreement with ArthroCare Corp., an orthopedic sports medicine company.

83. FDA Plan Aims to Increase Import Safety -

WASHINGTON (AP) – U.S. food and drug regulators would share more information with their foreign counterparts as part of a multifaceted strategy to police the safety of millions of imported goods.

84. Soulsville Charter School Files $10M Loan for New Bldg. -

1115 College St.
Memphis, TN 38106
Loan Amount: $10 million

Loan Date: May 20, 2011
Maturity Date: May 5, 2018
Borrower: The Soulsville Charter School LLC
Lender: SunTrust Community Development Enterprises LLC
Details: The Soulsville Charter School LLC has filed a $10 million construction leasehold loan through SunTrust Community Development Enterprises LLC. The loan will fund construction of a new school building – announced last year – on a 2.1-acre parcel and a 1.9-acre parking easement owned by The Soulsville Foundation Inc.

85. MEPPI Buys Rivergate Park Acreage For Transformer Plant -

186.2 Acres In Rivergate Industrial Park
Sale Amount: $3.7 million
Sale Date: May 31, 2011

Buyer: Mitsubishi Electric Power Products Inc.
Seller: Belz Investco GP
Details: Warrendale, Pa.-based Mitsubishi Electric Power Products Inc. has bought three parcels in Rivergate Industrial Park from Belz Investco GP for $3.7 million. The deal closed May 31. The first parcel is 9.3 acres on the north side of Riverport Road (listed in the deed as Rivergate Road). It backs McKellar Lake, and the Shelby County Assessor of Property’s 2011 appraisal is $419,000. The second parcel is 63 acres on the south side of Riverport Road, appraised at $604,600. The third parcel is 113.9 acres on the north side of Riverport Road, wrapping around the 9.3-acre parcel and including an offshoot of McKellar Lake. Its 2011 appraisal is $769,600.
MEPPI announced in mid-February it would build a $200 million transformer manufacturing plant in Belz Enterprises Inc.-owned Rivergate Industrial Park.
In March, the Shelby County Commission and Memphis City Council each put in $1 million toward infrastructure financing for the project.

86. 'More Opportunities' -

Despite scarce commercial construction and soaring gas prices, the health care industry is turning to builders and contractors perhaps more so now than ever before.

Two-thirds of hospitals nationwide are undergoing construction projects this year, a 35 percent increase compared with 2009. That’s the findings of a capital survey conducted by Irving, Texas-based VHA Inc., a national network of community-owned health care systems and their physicians.

87. Onyx Medical Corp. Moves Into New Facility -

Onyx Medical Corp., a privately held, Memphis-based manufacturer of medical devices, has moved into its new corporate headquarters and manufacturing facility at 1800 Shelby Oaks Drive.

88. Sandvik to Lay Off 55 in Memphis -

Sandvik Medical Solutions plans to reduce its work force in Shelby County by 55 employees, according to the Tennessee Department of Labor and Workforce Development.

A report of official notices received by the department said the company’s layoffs are scheduled to begin April 30 and end Aug. 31.

89. Sandvik to Lay Off 55 in Memphis -

Sandvik Medical Solutions plans to reduce its work force in Shelby County by 55 employees, according to the Tennessee Department of Labor and Workforce Development.

A report of official notices received by the department said the company’s layoffs are scheduled to begin April 30 and end Aug. 31.

90. Medtronic Resolves FDA Warning Letters -

Medtronic Inc., the world’s largest maker of medical devices, announced Wednesday that the U.S. Food and Drug Administration has informed the company that issues noted in two warning letters have been resolved.

91. New Plants Bode Well for Industrial Sector -

Although the overall commercial real estate market is soft, Memphis’ industrial sector appears to be gathering more steam than any other category.

With the arrival of such large projects like the Electrolux and Mitsubishi plants and Norfolk Southern Corp.’s new Fayette County intermodal yard, industry professionals hope ancillary business will bolster the industrial market by sparking new development, attracting new investors and enhancing the area’s economy.

92. Electrolux Officials Sign Downtown Office Lease -

Before it builds a new manufacturing plant at Frank C. Pidgeon Industrial Park, Electrolux will set up shop in Memphis with a Downtown office.

The Swedish appliance maker has signed a 14,000-square-foot lease at One Commerce Square, 40 S. Main St., where it will occupy the building’s entire 24th floor.

93. FedEx Express Adds Early Morning Delivery -

FedEx Express – a subsidiary of FedEx Corp. and the world’s largest express transportation company – is adding new services for customers including FedEx First Overnight Freight and FedEx 2Day A.M.

94. Intel Chief to Join White House Council on Jobs -

SAN FRANCISCO (AP) – Casting about for innovative job-creation ideas, President Barack Obama is naming one of his critics to an advisory council responsible for finding new ways to promote economic growth and bring jobs to the U.S.

95. Obama Talks Jobs With Jobs, Other Tech Leaders -

WASHINGTON (AP) – President Barack Obama is assembling the biggest names in Silicon Valley to confer on jobs and innovation, trying to get leaders from companies like Google and Apple behind his push to keep spending on high-tech initiatives even as Republicans are out to slash the budget.

96. Medtronic Gets OK for Scan-Friendly Pacemaker -

MINNEAPOLIS (AP) – Medtronic Inc., the world's largest medical device company, said Tuesday it received U.S. approval for the first pacemaker designed to be safely used with MRI scanners.

97. Despite China's Might, US Factories Maintain Edge -

WASHINGTON (AP) – U.S. factories are closing. American manufacturing jobs are reappearing overseas. China's industrial might is growing each year.

And it might seem as if the United States doesn't make world-class goods as well as some other nations.

98. Medical Device Cos. Partner with UM on MBA Program -

The University of Memphis Fogelman College is offering a program specifically focused on the medical device manufacturing industry. Students who complete the program will be offered employment with sponsoring medical device companies at competitive salaries.

99. Last Year’s Momentum Must Continue in 2011 -

Plenty happened in 2010 by chance. But more of the events covered in these pages seemed to have at least started as conscious efforts to make things better.

Efforts at economic development took a big step forward with the word that Electrolux will close its Montreal-area plant and build a facility at Frank C. Pidgeon Industrial Park, creating 1,200 manufacturing locally starting in the summer of 2012.

100. Smith & Nephew to Add 100 Memphis Jobs -

Smith & Nephew’s orthopaedics division will increase its Memphis employee base by about 100 new jobs, or 5 percent, during the first quarter of 2011.

The company said new job postings will appear on Smith-Nephew.com through the end of December and into January.