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Editorial Results (free)

1. International Paper Profits Fall 38 Percent -

International Paper reported second quarter earnings of $161 million Tuesday, July 29, a $98 million drop from the second quarter a year ago when IP reported net earnings of $259 million.

The drop in profits came as the Memphis-based company took restructuring charges including a new pre-tax loss of $324 million. Most of that, $262 million before taxes, was for debt extinguishment.

2. International Paper Profits Fall 38 Pct. -

International Paper reported second quarter earnings of $161 million Tuesday, July 29, a $98 million drop from the second quarter a year ago when IP reported net earnings of $259 million.

The drop in profits came as the Memphis-based company took restructuring charges including a new pre-tax loss of $324 million. Most of that, $262 million before taxes, was for debt extinguishment.

3. Citigroup to Pay $7 Billion in Subprime Mortgages Probe -

WASHINGTON (AP) – Citigroup agreed Monday to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception that Attorney General Eric Holder said "shattered lives" and contributed to the worst financial crisis in decades.

4. We’re All Invited -

MEMPHIS, SERVED IN THE SHELL. Following up last week’s column, this from a reader:

“We have no civic pride, half the population is intent on killing as many as they can and the other part lives behind walls or gates. There was a time in the fifties when you could leave your front door unlocked and keys in the car.”

5. Truck Suspension Maker Expanding in Dyer County -

MEMPHIS (AP) – Officials say that Rough Country Suspension Systems, a company that makes suspension products for trucks and SUVs, plans to move its distributions operations to a facility in Newbern.

6. Major Retailers Agree to List Unit Prices Online -

NEW YORK (AP) – Shoppers can skip the math. It's about to get easier to compare prices on products from breakfast cereals to toothpaste at some of the nation's major online retailers.

New York's attorney general said Tuesday that Costco, CVS, FreshDirect, Wal-Mart and Walgreen have agreed to list unit prices on their websites and mobile apps for shoppers nationwide in the coming months. Amazon.com Inc., the world's largest online retailer, did not agree to participate, according to Attorney General Eric T. Schneiderman.

7. Big Tobacco Looks to Keep Pace With E-Cigarettes -

NEW YORK (AP) – Tobacco companies are moving quickly to keep pace with the evolution of their industry by embracing the increasingly popular e-cigarettes and making them more available to consumers.

8. EDGE Mulls Tax Break for Plastics Recycling Co. -

A company that recycles and manufactures post-industrial plastics is considering relocating from Arkansas to Memphis.

RE-CY, or RE-CY Plastics, is considering acquiring a facility on Winchester Road to recycle and manufacture plastics, which are then used for automotive parts, decking and IKEA furniture.

9. International Paper Names Sutton President and COO -

Mark S. Sutton, the senior vice president of industrial packaging for International Paper Co., is the company’s new president and chief operating officer.

10. International Paper Names Sutton President and COO -

Mark S. Sutton, the senior vice president of industrial packaging for International Paper Co., is the company’s new president and chief operating officer.

11. Change on Tap for Many Local Public Companies -

Here’s a snapshot of recent news and developments at some of the publicly traded companies based in Memphis, reflecting the influence these companies have and the shadows they cast both in Memphis and beyond, in industries that range from bioscience to banking.

12. Creative Works Conference Launching in October -

A three-day conference for Memphis’ creative community is launching in the city later this year that includes a speaking roster of design, illustration, typography and other creative heavy-hitters from around the country.

13. Empire Express Grows to Trucking Powerhouse -

After graduating from the University of Mississippi in 1962, Ed Gatlin started a successful automotive chemicals business.

Gatlin sold that business, Ig-lo Products Corp., to Valvoline Oil Co. in 1985 and remained as CEO for two more years. After leaving that venture, Gatlin’s desire to succeed in business burned as strong as ever and he still had a few trucks and trailers.

14. Tomato Baby Co. Offers Plants and Philosophy -

Being “Tomato Girl” isn’t a full time job for Alainia Hagerty. She has a day job that doesn’t involve selling dozens of varieties of tomato plants grown in her Brighton, Tenn., greenhouse.

But she views the online business with a national reach as a way of life.

15. Georgian Woods Apartments Sell for $3.9 Million -

118 St. Agnes Drive
Memphis, TN 38112

Sale Amount: $3.9 million

Sale Date: March 14, 2014

Buyer: Georgian Woods Property Owner LLC

16. Owner of New Getwell Facility Files $1.2M Loan -

The owner of the 110,808-square-foot industrial facility at 4050 New Getwell Road in Oakhaven has filed a $1.2 million loan on the property.

17. Campaign Packaging -

Part one of a two-part series. Do you need to raise money for your nonprofit? If you answer “yes,” you are in good company. Fundraising is critical for most nonprofits and it takes time to build relationships that generate the revenue needed to operate.

18. Food Industry Seeks Voluntary GMO Labeling -

WASHINGTON (AP) – People who want to know more about genetically modified ingredients in their food would be able to get it on some packages, but not others, under a plan the industry is pushing.

19. Timberlake Signs New Tequila Marketing Deal -

Justin Timberlake has entered into a new agreement to expand the reach of his specialty tequila.

Memphis-born Timberlake has partnered with Sauza Tequila, owned by Beam Inc., to market his 901 tequila brand.

20. Timberlake Signs New Tequila Marketing Deal -

Justin Timberlake has entered into a new agreement to expand the reach of his specialty tequila.

Memphis-born Timberlake has partnered with Sauza Tequila, owned by Beam Inc., to market his 901 tequila brand.

21. Gift of Happiness -

Rebecca Gamble came to become a client of SRVS when she was just 9 years old. Gamble was born with a developmental disability and her parents could no longer care for her so they turned to SRVS, which has housed and nurtured Gamble since 1997.

22. Chamber Releases ‘10 to Watch’ List -

The Greater Memphis Chamber has released its latest annual list of 10 local companies to watch in the coming year. The companies – chosen for making big strides this year and for their potential for even greater things in 2014 – are: BioNanovations, Highwoods Properties Inc., International Paper Co., Kronos Energy Solutions, The Regional Medical Center at Memphis, Memphis College of Art, nexAir, Prodigi Arts, RedRover Sales & Marketing and Victory Packaging.

23. Chamber Releases ‘10 to Watch’ List -

The Greater Memphis Chamber has released its latest annual list of 10 local companies to watch in the coming year. The companies – chosen for making big strides this year and for their potential for even greater things in 2014 – are: BioNanovations, Highwoods Properties Inc., International Paper Co., Kronos Energy Solutions, The Regional Medical Center at Memphis, Memphis College of Art, nexAir, Prodigi Arts, RedRover Sales & Marketing and Victory Packaging.

24. Events -

Sales and Marketing Society of the Mid-South will meet Wednesday, Nov. 13, from 11:30 a.m. to 1 p.m. at The Racquet Club of Memphis, 5111 Sanderlin Ave. Rebecca Janes of FedEx’s global brand management will present “The Power of the FedEx Brand: Packaging … It’s not just a touch point, it’s an experience.” Cost at the door is $30. Visit sms-midsouth.org.

25. Events -

The Urban Child Institute will open “The Early Advantage,” its early childhood brain development awareness exhibit, Tuesday, Nov. 12 at Memphis Pink Palace Museum, 3050 Central Ave. The exhibit will be on display through mid-February 2014. Visit urbanchildinstitute.org.

26. Events -

The Memphis chapter International Association of Administrative Professionals will meet Monday, Nov. 11, at 6 p.m. at the Memphis Marriott East, 5795 Poplar Ave. Cost is $22. RSCP to sharon.gardner@asentinel.com or 752-6213.

27. Events -

The West Tennessee Home Builders Association will hold the 2013 Fall Vesta Home Show Saturday, Nov. 9, to Dec. 1 at the St. James Place development in Germantown. General admission is $12. Visit vestahomeshow.com for hours and parking information.

28. Yuletide Office Solutions Adapts to Changing Industry -

Paperless office. It’s a phrase to strike fear in the heart of any office supply provider. “I used to sell ‘While You Were Out’ pads in the two-part books every day,” said Chris Miller, president of Yuletide Office Solutions. “I might sell a dozen ‘While You Were Out’ pads once every three months now.”

29. Jack Daniel's in Legal Fight With Small Distiller -

LOUISVILLE, Ky. (AP) — A white whiskey named for a famed Appalachian moonshiner started out being sold in Mason jars, to honor its roguish roots, but switched to square-shaped bottling.

30. Yuletide Office Solutions Adapts to Changing Industry -

Paperless office. It’s a phrase to strike fear in the heart of any office supply provider.

“I used to sell ‘While You Were Out’ pads in the two-part books every day,” said Chris Miller, president of Yuletide Office Solutions. “I might sell a dozen ‘While You Were Out’ pads once every three months now.”

31. Chasing Growth -

The pressure to show investors growth and a return is one of the most basic realities of operating as a public company.

And the three Memphis-based companies on this year’s Fortune 500 list are pressing forward on their own distinct paths toward satisfying that pressure.

32. International Paper Earnings Surge 38 Percent -

Memphis-based International Paper Co. reported third quarter net earnings of $382 million, an increase of $145 million, or 38 percent, from the third quarter 2012 net earnings of $259 million.

33. Class-Action Status OK'd in Marlboro Lights Suit -

LITTLE ROCK, Ark. (AP) — A judge in Arkansas has granted class-action status to a lawsuit that claims Philip Morris USA deliberately exaggerated the safety of its Marlboro Lights cigarettes.

34. McCullough Blends Right Ingredients With ‘Chef Jenn’ -

Jennifer McCullough, the white chef’s coat behind the brand Chef Jenn, began cooking up a dream in her home kitchen.

35. Private Labels Winning Brand Wars -

Almost everyday the Studio faces challenges that private label competitors impose upon our branded products clients. More and more private label brands are taking lessons out of the innovation and brand strategy playbooks and getting ahead of the once category-leading brand product.

36. Smarrelli Works to Enhance CBU’s Return on Investment -

Christian Brothers University president John Smarrelli still makes it into the classroom once or twice a semester to lecture on biochemistry.

“It allows me to get a feel for my students,” he said. “I’ve done a few research presentations over the past couple of years.”

37. Wonder Bread Returning to Shelves -

NEW YORK (AP) – Wonder bread is back almost a year after it vanished from shelves.

Flowers Foods Inc., which bought Wonder from the now-defunct Hostess Brands, said the bread started returning to supermarket shelves Monday.

38. Citrone: Logistics Not Just for Men -

It’s hard to picture Cheryl Burch Citrone, a partner at executive recruiting and consulting firm Vaco Memphis, hanging around railroad tracks or shooting the breeze about shipping lanes and trucks.

39. International Paper Keeps Eye on Rainy Summer -

The president and CEO of Memphis-based International Paper Co. has been watching the weather a lot lately.

40. AP Exclusive: Kodak CEO Talks Company's Future -

ROCHESTER, N.Y. (AP) – You can feel the spirit of George Eastman in Antonio Perez's office.

A picture of Eastman, who founded Kodak in 1880, sits among the current CEO's collection of family photos. The outer areas of Perez's office, built and first inhabited by Eastman about a century ago, include some of Kodak's Oscar and Emmy awards, along with a collection of historic photos. A large portrait of Eastman, who died in 1932, hangs near the entrance.

41. Gathering Targets Region’s Workforce Development -

When state officials gather at The University of Memphis University Center Wednesday, Sept. 4, to talk about workforce training, it won’t be with a check in hand to lead the effort.

State Senate Republican Leader Mark Norris of Collierville, who organized the 8:30 a.m. to noon session, wants state labor commissioner Burns Phillips and others from Nashville to listen to details of the training programs local business and higher education leaders have cobbled together over the last three years.

42. Buckeye Shareholders Approve Merger -

Stockholders of Buckeye Technologies Inc. have approved the Memphis-based company’s merger with Georgia-Pacific LLC.

43. Elvis/Stax Confluence Blunted By Marketing -

Roger Semon of Sony Music Entertainment knows the music business and Elvis Presley’s sound like few others do.

And he knows where RCA, Presley’s record label, went wrong in marketing what should have been a historic intersection of Presley with Stax Records.

44. 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.

45. International Paper's Second-Quarter Net Income Nearly Doubles -

MEMPHIS (AP) – International Paper Co., the paper and packaging company, said Thursday, July 25, that its second-quarter net income nearly doubled as it raised its prices for its boxes.

46. Wiseacre Brewing to Can Local Beer -

Beer lovers will soon be able to get Memphis-made craft beer in a can.

Wiseacre Brewing Co. will package its two year-round beers, Tiny Bomb American Pilsner and Ananda India Pale Ale, in a can, making it the first craft brewery in Tennessee to can beer.

47. Wiseacre Brewing to Can Local Beer -

Beer lovers will soon be able to get Memphis-made craft beer in a can.

Wiseacre Brewing Co. will package its two year-round beers, Tiny Bomb American Pilsner and Ananda India Pale Ale, in a can, making it the first craft brewery in Tennessee to can beer.

48. Georgia-Pacific Converting Buckeye Deal to Merger -

Georgia-Pacific is converting its acquisition of Buckeye Technologies Inc. to a merger that requires a shareholder vote because of regulatory inquiries.

49. Georgia-Pacific Converting Buckeye Deal to Merger -

Georgia-Pacific is converting its acquisition of Buckeye Technologies Inc. to a merger that requires a shareholder vote because of regulatory inquiries.

50. Georgia-Pacific Converting Buckeye Deal to Merger -

ATLANTA (AP) – Georgia-Pacific is converting its acquisition of Buckeye Technologies Inc. to a merger that requires a shareholder vote because of regulatory inquiries.

51. Georgia-Pacific Gets Request for Buckeye Data -

Georgia-Pacific LLC has received a request from the Federal Trade Commission and the antitrust division of the Justice Department for more information and documents related to its acquisition of Buckeye Technologies Inc.

52. Georgia-Pacific Gets Request for Buckeye Data -

Georgia-Pacific LLC has received a request from the Federal Trade Commission and the antitrust division of the Justice Department for more information and documents related to its acquisition of Buckeye Technologies Inc.

53. Georgia-Pacific Gets Request for Buckeye Data -

MEMPHIS (AP) – Georgia-Pacific LLC has received a request from the Federal Trade Commission and the antitrust division of the Justice Department for more information and documents related to its acquisition of Buckeye Technologies Inc.

54. S&P Gives Freddie Mac 'Above Average' Servicer Ranking -

NEW YORK (AP) – Standard & Poor's for the first time has assigned Freddie Mac a ranking as a loan servicer, giving the government-controlled mortgage giant an "Above Average" ranking for its servicing of loans tied to rental apartment buildings.

55. Putting On for Their City -

It started about a year ago, with two friends who wanted some upbeat, fun threads to wear to Memphis Grizzlies and University of Memphis basketball games.

From that, Leslie Skelton and Ian Lemmonds turned their basketball superfandom into a business – Hoop City Memphis.

56. Building Relationships Key to Barden’s Success -

For Will Barden of Colliers International, cultivating his network of relationships is vital to his success over the past 16 years in the Memphis office real estate market.

57. Danish Manufacturer Roxul Brings Facility to Byhalia -

Just a few feet beyond the Tennessee-Mississippi state line past the Fayette County line on U.S. 72 is the turn onto Cayce Road in Byhalia and what is soon to be the first U.S. plant of the Danish company Roxul Inc.

58. International Paper’s Net Earnings Up -

Memphis-based International Paper Co. reported net earnings Thursday, May 2, of $318 million for the first quarter of 2013, a $130 million increase from a year ago.

Quarterly net sales for International Paper of $7.1 billion were up $400 million from a year ago but the same as for the fourth quarter of 2012.

59. Georgia-Pacific Pays $1.5 Billion for Buckeye Technologies -

Memphis-based Buckeye Technologies Inc. is being bought by Georgia-Pacific LLC, the two companies announced Wednesday, April 24.

The deal, valued at approximately $1.5 billion, including debt, still faces regulatory approval. But the boards of both companies have signed off on terms that include Buckeye stockholders getting $37.50 per share.

60. Bryce to Keep 318 Workers in Memphis -

A packaging maker for retail brands like Frito-Lay and General Mills is getting a tax incentive worth $3 million to keep 318 workers in Memphis and add 95 new employees as part of a $21 million expansion here.

61. Bryce Corp. Seeks Tax Freeze for Memphis Expansion -

Bryce Corp. is seeking a tax incentive to help it retain 318 employees in Memphis and add 95 new workers.

The company will go before the city-county EDGE board on Wednesday, April 17, to apply for a 10-year tax freeze to help the package material printer invest $21 million across its three Memphis facilities. The project will create almost $18 million in new revenue for the city and county, and Bryce plans to also invest in new equipment at its three facilities – 5405 Hickory Hill Road, 4505 Old Lamar Ave. and 3825 Delp St.

62. Fannie's Record Profit a Symbol of Housing Rebound -

WASHINGTON (AP) – Home prices are up. Foreclosures are down. Construction is up. And now comes the latest sign of the U.S. home market's revival: Fannie Mae, the mortgage giant that nearly collapsed five years ago, has earned its biggest yearly profit ever.

63. J-Line Pump Growing in Collierville -

A local pumping equipment manufacturer is increasing its presence in the Collierville market. 

J-Line Pump Co., doing business as American-Marsh Pumps, bought the 81,260-square-foot warehouse on 12.4 acres at 550 E. South St. for $1.4 million. This will be in addition to the adjoining 110,000-square-foot warehouse at 185 Progress Road the company has occupied since 1999.

64. Rix Discovers Everyone’s Perfect Chocolate Flavor -

“What does your business taste like?” That’s one of the first questions Chef Phillip Ashley Rix asks when company leaders commission his signature chocolates to represent their brands. It’s an unusual way to start a business conversation, and it usually jolts people into thinking outside the box, he says.

65. Archer-Malmo Grows Again With Lease Expansion -

Archer-malmo has inked an additional 3,000 square feet in the Cotton Exchange Building, bringing its total footprint in the historic 12-story Downtown tower to 41,277 square feet across six floors.

66. Why Geithner's Treasury Leadership Proved Divisive -

WASHINGTON (AP) – President Barack Obama has saluted the outgoing Timothy Geithner as one of the best U.S. Treasury secretaries ever. He's surely been among the most contentious.

Not since the Great Depression had an administration inherited so many grave financial threats at once. To many, Geithner deserves credit for helping steady the banking system and helping restore investor confidence. Yet his toughest critics say Geithner's policies consistently favored big banks over ordinary struggling Americans.

67. Victory Packaging Relocates to Memphis -

Victory Packaging soon will relocate its entire Southaven branch operation to the Southeast Memphis industrial submarket.

The Houston, Texas-based industrial packaging supplier and distributor inked 158,333 square feet in Shelby Air Park Building 1, 4500 Malone Road. The 475,000-square-foot building also houses Terminal Warehouse Inc.

68. Will Barden Joins Colliers International -

Commercial real estate veteran Will Barden has joined Colliers International Memphis as vice president of office services, effective Jan. 2.

Barden brings a wealth of experience in office tenant and user representation and will be teaming with Frazier Baker to help further expand Colliers’ presence in office real estate.

69. Barden Joins Colliers International -

Commercial real estate veteran Will Barden has joined Colliers International Memphis as vice president of office services, effective Jan. 2.

70. IP Becomes Majority Shareholder in Olmuksa -

International Paper Co. is majority shareholder of Olmuksa, a Turkish corrugated packaging company.

71. International Paper Takes Majority Stake in Olmuksa -

International Paper Co. is majority shareholder of Olmuksa, a Turkish corrugated packaging company.

72. International Paper to Remain in Memphis -

It looks like International Paper won’t have a political fight on its hands after all.

The company has decided on trying to complete a deal with local economic development that would include incentives to help IP keep and expand its headquarters presence here.

73. High-Stakes Game -

At week’s end, International Paper Co. appeared ready to move forward with officially applying for a package of tax incentives as part of a plan to expand the company’s headquarters in the city.

74. High-Stakes Game -

At week’s end, International Paper Co. appeared ready to move forward with officially applying for a package of tax incentives as part of a plan to expand the company’s headquarters in the city.

75. International Paper to Remain in Memphis -

It looks like International Paper won’t have a political fight on its hands after all. The company has decided on trying to complete a deal with local economic development that would include incentives to help IP keep and expand its headquarters presence here. Those incentives would include multiple 15-year tax freezes on new and existing buildings, a more palatable proposition than a 30-year tax freeze that it looked at one point like the company was interested in, according to sources.

76. Federal Review of Tobacco Products Grinds to a Halt -

RICHMOND, Va. (AP) – Talk about a smoke break.

Tobacco companies have introduced almost no new cigarettes or smokeless tobacco products in the U.S. in more than 18 months because the federal government has prevented them from doing so, an Associated Press review has found.

77. International Paper Sells Temple Building Products Division -

International Paper Co. executives are selling the building products division of Temple-Inland Inc. for $750 million in cash to Georgia-Pacific LLC.

78. 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.

79. Memphis Companies Chosen for Business Program -

The Initiative for a Competitive Inner City, Bank of America Corp., Fortune magazine and the U.S. Small Business Administration have selected two Memphis-area companies for their annual Inner City Capital Connections program.

80. International Paper Confirms Site Search For Headquarters Expansion -

Memphis-based International Paper Co. is looking to expand its headquarters but isn’t saying much about the process beyond that.

81. International Paper Confirms Site Search Under Way -

Memphis-based International Paper Co. is looking to expand its headquarters but isn’t saying much about the process beyond that.

82. International Paper Earnings Drop -

Memphis-based International Paper Co. posted net earnings for the third quarter of $237 million compared to $468 million the same period a year ago, a 49 percent drop.

83. International Paper Reports Earnings Drop -

Memphis-based International Paper Co. posted net earnings for the third quarter of $237 million compared to $468 million the same period a year ago, a 49 percent drop.

84. Sullivan Branding Celebrates Year of Integration -

In Sullivan Branding’s new digs in the Toyota Center, matted images depicting what inspires each employee adorn the walls.

Principal and CEO Brian Sullivan’s contribution is a picture of Mount Everest. But he’s not actually inspired by the daunting mountain itself or the 2,000 people who have climbed it.

85. Mallory Alexander Debuts New Space -

When Mallory Alexander International Logistics moved into what had been the Freightliner warehouse in the Delp Distribution Center in early 2011, there was much to do.

So much that Mallory didn’t get around to marking the move until last week with an open house for customers and others in the business.

86. Kodak Plans to End Consumer Inkjet Printer Sales -

NEW YORK (AP) – Kodak said Friday that it plans to stop selling consumer inkjet printers and will eliminate 200 more jobs than previously projected as it requested more time to submit its framework for emerging from bankruptcy protection.

87. IP Looks to Future Following Temple-Inland Acquisition -

When International Paper Co. moved its headquarters to Memphis in 1987 it was an economic development milestone for Shelby County.

88. Kroger Buys Union Space for Expansion -

Kroger has acquired the Belvedere Apartments in Midtown as part of a long-term project to reconfigure the grocery store’s antiquated and challenged layout.

Kroger Delta Division closed Wednesday, Sept. 12, on the 10-story apartment high-rise at 1733 Union Ave. from Belvedere Apartment Inc. The sale includes Belvedere’s attached and front parking areas.

89. Apollo Thrives by Making Business All About Clients -

It’s been a long and winding road for Apollo Distributing LLC president Todd Farris, who’s seen the family business struggle, survive and now thrive.

90. Apollo Thrives by Making Business All About Clients -

It’s been a long and winding road for Apollo Distributing LLC president Todd Farris, who’s seen the family business struggle, survive and now thrive.

91. Millstone Medical Expands Local Operations -

Fall River, Mass.-based Millstone Medical Outsourcing LLC is relocating its Memphis operations to a larger Olive Branch facility to broaden services and capacity.

92. Lessons of Lucy And Ethel -

While preparing for a presentation recently, I remembered a scene from an old episode of the 1950s television show “I Love Lucy.” I looked it up on YouTube and sure enough the video clip of the scene is there (you can find it by putting the words “Lucy candy factory” in the search field).

93. 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.

94. 50 Years Of SRVS -

Last week we shared a story submitted by Mike Bowen, CEO and president of Champion Awards & Apparel, which spotlighted “late bloomers” and was a testament for how someone’s past does not have to predict his or her future. This week let us discuss an organization that is celebrating 50 years of enhancing the lives of people with disabilities and bringing peace of mind to their families: SRVS.

95. Fed: Memphis Area Improves Modestly -

The Federal Reserve believes the economy of the central bank’s regional district that includes Memphis “continued to expand” modestly in June and early July.

In nearly every category in the Fed’s latest so-called Beige Book economic survey, which is based on reports from the Fed’s 12 regional districts and which is published eight times per year, the central bank’s St. Louis district earned a proverbial grade of “improved.” The language in the report, however, was unenthusiastic, mirroring a general wariness about the current economic picture in the area and beyond.

96. Hickory Hill Warehouse Sells for $1.3 Million -

5837 Distribution Drive
Memphis, TN 38141

Sale Amount: $1.3 million

Sale Date: July 11, 2012

97. Hickory Hill Warehouse Sells for $1.3 Million -

Memphis-based CLI Inc. has bought the 102,570-square-foot warehouse at 5837 Distribution Drive in Hickory Hill for $1.3 million from Tenoh LLC. The sale closed July 11.

98. Sensory Marketing Improves Customer Experience -

One of the most intriguing marketing methods that has been used increasingly throughout the years is sensory marketing. Sensory marketing is utilizing all of the human senses in order to affect how customers perceive their experience with a product.

99. Aren Buys SE Memphis Warehouse For $1.3M -

Trane U.S. Inc. has sold its parts distribution center in Southeast Memphis for $1.3 million.

Aren Investments LLC of Memphis acquired the 99,375-square-foot distribution warehouse at 4250 Concord Road. The company, which used a 1450 Massey Road address on the Shelby County Register of Deeds, financed the purchase with an $800,000 loan through BancorpSouth Bank. Igal Elfezouaty signed the trust deed as managing member of Aren.

100. Room to Grow -

Shelby Residential and Vocational Services, the largest comprehensive service provider for West Tennessee residents with disabilities, has unveiled its new state-of-the-art facility, expanded its capacity and launched several innovative programs.