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Editorial Results (free)

1. TAG Expects Truck Facility to be Operational by Mid-2017 -

TAG Truck Center is moving forward with a $28 million trucking facility at the former site of the Mall of Memphis. Contractor Linkous Construction Co. recently filed two building permits for TAG’s new headquarters.

2. Sugar Services Begins Downtown Expansion -

Sugar Services has applied for a $1.3 million building permit for new construction at its 7 G.E. Patterson Ave. facility. Sugar Services’ expansion came with a bit of opposition from the surrounding South End neighborhood. The bulk sugar processor is one of the last remaining industrial tenants in an area dense with high-end apartments and condos.

3. ‘Why Don’t We Start Our Own?’ -

The diner-style restaurant planned for 2657 Broad Ave. is a bit unique as far as commercial real estate projects go.

Yes, it’s of a piece with the rest of the groundswell of redevelopment and commercial activity that’s transformed Broad into a people-packed arts, retail and restaurant scene. One of those hotspots along the street is the combination coffee shop and retailer City & State, the owners of which have signed a lease at 2657 Broad for their next venture.

4. Sugar Services Begins Downtown Expansion -

Sugar Services has applied for a $1.3 million building permit for new construction at its 7 G.E. Patterson Ave. facility. Sugar Services’ expansion came with a bit of opposition from the surrounding South End neighborhood. The bulk sugar processor is one of the last remaining industrial tenants in an area dense with high-end apartments and condos.

5. Conrad Named Top Industrial Broker -

Cushman & Wakefield/Commercial Advisors has named Memphis broker Kemp Conrad as one of the top performing real estate professionals in the country. The designation is given each year to the top 20 C&W/CA brokers based on their industrial real estate production.

6. Conrad Named Top Industrial Broker -

Cushman & Wakefield/Commercial Advisors has named Memphis broker Kemp Conrad as one of the top performing real estate professionals in the country. The designation is given each year to the top 20 C&W/CA brokers based on their industrial real estate production.

7. Storied University of Memphis Railroad Right Of Way To Become Safer, Greener -

When classes resume at the University of Memphis in August, the unofficial campus tradition of crossing the railroad tracks along Southern Avenue will change.

Students on foot will no longer be able to cross just anywhere along the 2,000 feet of track between Patterson and Zach Curlin.

8. Wildflowers, Natural Grasses to Benefit Kennedy Park, Greenway -

The Wolf River Conservancy is ready to award a contract to start work on the Wolf River Greenway section that includes Kennedy Park and Epping Forest on the other side of the river.

That could happen this month or in August for the northernmost section of the greenway that follows the Wolf River.

9. Shops of Millington Farms Construction to Begin Soon -

Construction on the Shops of Millington Farms gets underway next week.

Leaders from the city of Millington, along with the Millington Industrial Development Board and the Millington Area Chamber of Commerce, will host a groundbreaking Tuesday, July 12, at 9:30 a.m. for the upcoming retail development at 8570 N. U.S. 51.

10. Council to Debate Residency Limits, Again -

Memphis City Council members wade into the residency question Tuesday, July 5 – specifically a proposed referendum in November on a city charter amendment that would require “all persons employed solely by the city of Memphis to live and reside within the city of Memphis.”

11. Chamber Names Simmons Director of Public Policy -

Haley Simmons has joined the Greater Memphis Chamber as the director of public policy, a new position in the chamber’s community development department. In this role, Simmons will be focused on enhancing the chamber’s advocacy efforts to inform and engage its members on important policy issues, and he’ll also be responsible for growing the chamber’s role in education initiatives.

12. A3 Freight Payment Named Top Logistics IT Provider -

Memphis-based A3 Freight Payment has been named a Top 100 Logistics IT Provider for 2016 by Inbound Logistics magazine.

The companies named on this list are “providers whose solutions are central to solving transportation, logistics, and supply chain challenges, and whose customer successes are well-documented,” according to the editors of Inbound Logistics magazine.

13. Time Running Out to Save Aretha Franklin’s Birth Home From Demolition -

A local business owner has stepped up with $15,000 to save Aretha Franklin's birth home, but the effort may be too little too late.

The dilapidated house at 406 Lucy Ave. is headed for demolition unless a realistic and fully-funded plan emerges within the week, said Steve Barlow, an attorney with blight-fighting law firm Brewer & Barlow PLC.

14. Events -

David Lusk Gallery will host an opening reception for Tim Crowder’s “Accumulator” and Kelly S. Williams’ “The Playbook” on Friday, June 24, from 6 p.m. to 8 p.m. at the gallery, 97 Tillman St. Visit davidluskgallery.com.

15. A3 Freight Payment Named Top 100 Logistics IT Provider -

Memphis-based A3 Freight Payment has been named a Top 100 Logistics IT Provider for 2016 by Inbound Logistics magazine.

The companies named on this list are “providers whose solutions are central to solving transportation, logistics, and supply chain challenges, and whose customer successes are well-documented,” according to the editors of Inbound Logistics magazine.

16. Events -

A public meeting/open house on the Pinch District redevelopment plans will be held Thursday, June 23, from 4 p.m. to 7 p.m. at the Balinese Ballroom, 330 N. Main St. City and county leaders invite residents, property owners and other community stakeholders to offer input on a vision for The Pinch. For more information, contact Brett Roler at roler@downtownmemphis.com or 901-575-0540.

17. Presidents Island Warehouse Sold to Love's Parent -

The parent company of Love’s Travel Stops & Country Stores has purchased a Presidents Island warehouse.

In a June 8 warranty deed, Archer-Daniel Midland Co. sold the industrial property to Musket Corp. for $1.6 million.

18. Love’s Parent Company Buys Presidents Island Warehouse -

The parent company of Love’s Travel Stops & Country Stores has purchased a Presidents Island warehouse.

In a June 8 warranty deed, Archer-Daniel Midland Co. sold the industrial property to Musket Corp. for $1.6 million.

19. EDGE Adopts Changes to Diversity Policy -

After six months of deliberation, the Memphis-Shelby County Economic Development Growth Engine has ratified a diversity policy for its five PILOT programs.

The adopted program requires that companies receiving financial incentives from EDGE spend with local and minority-owned businesses an amount totaling 25 percent of the construction costs plus 15 percent of the projected PILOT savings for the duration of the property tax freeze. Exceptional performance will earn a company up to two years on its PILOT. If a company fails to meet the spending requirements, EDGE will reduce the terms of the PILOT by 20 percent or two years, depending on which is less.

20. EDGE Grants Incentives for TAG Truck Center, Turner Dairy -

Two longtime Memphis-area companies secured tax incentives at the June meeting of the Memphis-Shelby County Economic Development Growth Engine.

The payment-in-lieu-of-taxes will support TAG Truck Enterprises LLC’s plans for the former Mall of Memphis site as well as an expansion of Turner Dairy in the heart of Midtown.

21. Home Depot: US Credit Card Firms Slow to Upgrade Security -

ATLANTA (AP) – Visa and MasterCard are using security measures prone to fraud, putting retailers and customers at risk of thieves, The Home Depot Inc. says in a new federal lawsuit.

22. Collierville FedEx Center Getting $12.7 Million Renovation -

3860 S. Forest Hill-Irene Road
Collierville, TN 38125
Permit Amount: $12.7 million

Owner: FedEx Corp.
Tenant: FedEx Corp.
Contractor: Grinder & Haizlip Construction
Details: Contractor Grinder & Haizlip Construction has filed a $12.7 million building permit for renovations at the FedEx World Technology Center in Collierville.
In January, the Collierville Board of Mayor and Aldermen ratified a 20-year payment-in-lieu-of-taxes incentive package for the FedEx center at 3860 S. Forest Hill-Irene Road.
A term of the PILOT agreement is that FedEx has to invest $40 million in real property and personal property upgrades.
The FedEx World Technology Center has been an economic driver for the city since its 16-acre campus opened in 1998. Currently, the tech hub is the largest employer in Collierville, with 2,500 total workers and a capacity for 3,200.

23. State: Hunter Industrial Moving New Operations to Nashville -

NASHVILLE, Tenn. (AP) – Tennessee Department of Economic and Community Development Commissioner Randy Boyd has announced that Hunter Industrial, a division of the Hunter Fan Co., is opening new operations in Nashville.

24. Whitten Road Warehouse Sells for $2.6 Million -

A Whitten Road flex warehouse has sold for $2.6 million.

George Winfield sold the property at 2740 Whitten Road to LMP Holdings LLC 2740 Whitten Road. The building contains both office and warehouse uses.

25. The Week Ahead: June 13-19 -

Let’s get this week started, Memphis! Here’s our roundup of local happenings you need to know about, from decisions about ServiceMaster incentives to the ultimate dodgeball tournament.

26. Whitten Road Warehouse Sells for $2.6 Million -

A Whitten Road flex warehouse has sold for $2.6 million.

George Winfield sold the property at 2740 Whitten Road to LMP Holdings LLC 2740 Whitten Road. The building contains both office and warehouse uses.

27. Collierville Sees Year’s Largest Multifamily Sale -

160 Madison Farms Drive
Collierville, TN 38017

Sale Amount: $34.3 million

Buyer: Spyglass-Collierville LLC

28. Attorney Schattgen Joins Bass, Berry & Sims -

Shine Chen Schattgen has joined the Memphis office of Bass, Berry & Sims LLP as an associate in the law firm’s health care group. Schattgen, who previously practiced in the Boston office of Ropes & Gray LLP, counsels health care clients on a range of operational, regulatory and transactional matters.

29. Silicon Ranch Buys Land For Millington Solar Farm -

Silicon Ranch Corp. is moving forward in developing the largest solar power facility in Tennessee.

In a June 1 warranty deed, the Industrial Development Board of the City of Millington, Tennessee sold 348 acres of land to Nashville-based Silicon Ranch for $3.4 million.

30. Blended Reality: Riding the Waves Of Innovation -

A talk given by Shane Wall, CTO, HP. “Innovation is culture,” says Wall to start his keynote in high gear. 

 The way you get insight is to understand culture, he suggests, and to look at societal change. Not technology. 

31. US Gains Just 38K Jobs, Fewest in 5 Years; Rate at 4.7 Pct. -

WASHINGTON (AP) – U.S. employers drastically slowed their hiring in May, adding just 38,000 jobs, the fewest in more than five years and a sign of concern after the economy barely grew in the first three months of the year.

32. DMC Wants to Connect Successful South End to South City -

For the past 15 years, the Downtown Memphis Commission has concentrated its development efforts in the South Main area. The fruits of that labor, which turned an abandoned stretch of Main Street into a blossoming haven for retail and restaurants, is spilling over onto South Front Street.

33. Snapshot: How Memphis-Based Public Companies are Faring -

Acquisitions have been a common theme among many Memphis-based public companies the past few quarters. Here is a roundup of those transactions and other business highlights from each of the companies.

34. US Industrial Production Highest Since November '14 -

U.S. industrial production in April posted the biggest increase since November 2014 as utility output surged, the Federal Reserve said Tuesday.

Industrial output – which includes factories, mines and utilities – rose 0.7 percent from March. It had dropped the previous two months.

35. EDGE OKs Fast Track PILOT Program -

The board of the Memphis-Shelby County Economic Development Growth Engine has approved a new tax incentive package designed to give Memphis a more competitive edge against North Mississippi.

The EDGE board green-lighted the Fast Track PILOT program at its Wednesday, May 18, meeting, making it EDGE’s fifth payment-in-lieu-of-taxes program.

36. Grant Touts Ghost River Brewing as Neighborhood Asset -

The Center City Development Corp. has awarded its largest storefront improvement grant to date to Ghost River Brewing Co., which plans to use the $65,500 to building an outside patio and taproom at its 827 S. Main St. facility.

37. US Industrial Production Rises 0.7 Percent in April -

U.S. industrial production in April posted the biggest increase since November 2014 as utility output surged, the Federal Reserve said Tuesday.

Industrial output – which includes factories, mines and utilities – rose 0.7 percent from March. It had dropped the previous two months.

38. Bakers Whip Up New Downtown Business -

Mary Katherine Dunston and Courtney Lollar have built guitars, iPhones and motorcycles out of cake and icing.

This June, they’re getting out of their residential kitchens and setting up shop Downtown with a new bakery, Two Girls and a Whip.

39. Ghost River Expanding in South Main -

Ghost River Brewing Co. is adding to its South Main presence with a planned taproom to launch this October.

40. Steel Parts Maker TAG Manufacturing Expanding, Hiring 200 -

CHATTANOOGA, Tenn. (AP) – A $15 million expansion at TAG Manufacturing is expected to add 200 jobs with the maker of assembled steel parts for construction.

The Chattanooga Times Free Press reports (http://bit.ly/24LoFfu) that the company owned by brothers Terry and Gary Wilt is expanding to a nearly 19-acre lot across from its existing plant.

41. More Student Housing For University District -

3557 Mynders Ave. 
Memphis, TN 38111
Permit Amount: $15.5 million

Completion: Fall 2017
Owner: 908 Group
Tenant: The Nine
Architect: BDG Architects
Details: A student housing tower near the University of Memphis has taken a step forward nearly two years after a development on that site was first announced.

42. Last Word: The Airport and Hotels, Loans and Musicians and Underground in Town -

That didn’t take long. Fired one day, hired the next for Dave Joerger now formerly of the Grizz.

43. Olymbec Purchases TBC Warehouse -

Montreal, Canada-based Olymbec USA has purchased a Hickory Hill warehouse currently occupied by Tire & Battery Corp.

44. Hiring Slowdown in April May Signal Caution About US Economy -

WASHINGTON (AP) – American employers signaled their caution about a sluggish economy by slowing their pace of hiring in April after months of robust job growth.

At the same time, companies raised pay, and their employees worked more hours – a combination that lifted income and, if sustained, could quicken the U.S. expansion.

45. The Week Ahead: May 9-15 -

Alright, Memphis, grab your calendars! Whether you want to book it over to the Ruby Bridges Reading Festival or just baste in the scent of barbecue, there’s plenty to do this week. Here’s our roundup...

46. Memphis MSA Industrial Sector Has A Strong First Quarter After Record 2015 -

The Memphis MSA industrial sector had a strong first quarter after a record-breaking year in 2015.

Last year saw a record absorption rate of 8.4 million square feet, which is 2 million square feet higher than 2006’s pre-recession levels.

47. Collierville Breaks Ground On $93.5M High School -

11605 E. Shelby Drive
Collierville, TN 38017

Project Cost: $93.5 million

Completion: August 2018

48. South Front Hits its Stride as Standalone Corridor -

South Front Street, which stretches Downtown from Martin Luther King Jr. Boulevard to Central Station, is emerging as its own standalone residential and commercial corridor. What was once a heavy industrial area and warehousing district for South Main’s department stores is undergoing a transformation into Downtown’s most residentially dense neighborhood.

49. Hickory Hill Warehouses Sell for $27 Million -

Two industrial buildings in the Midway Distribution Center in Hickory Hill have sold for a combined price of $27 million.

The larger Building C warehouse went for $19.7 million. In an April 20 warranty deed, LBP Midway C LLC sold the property to Exeter 4550 S. Mendenhall LLC.

50. RegionSmart Details How to Prevent Erosion of Talent, Population -

During his three terms as mayor of Pittsburgh, Tom Murphy had to assume a great deal of risk in transforming the city’s economy from an industrial to an entrepreneurial base.

51. Archimania Leads 2016 Architecture Awards -

Memphis architecture firm archimania was the biggest winner Saturday night at the 2016 AIA Memphis Design Awards, an annual bash that honors the city’s top architecture firms.

Also singled out for honors by the four members of the design awards jury - which this year was comprised of nationally recognized, award-winning architects from Raleigh, N.C. - were the firms designshop, Haizlip Studio and Self+Tucker Architects as part of a joint venture with archimania. There were 11 winners in all, and the honors were presented during the event at Clark Tower’s Tower Center by the awards’ jury chair Erin Sterling Lewis of Raleigh’s in situ studio.

52. Robots Are Taking Tennessee’s Jobs -

MTSU student Nathan Simpkins found the perfect major when the university started its mechatronics engineering program in 2013, a pursuit practically guaranteeing him a high-paying job in an increasingly automated manufacturing industry.

53. Bridging a Divide -

The Mid-South is united by more than the Mississippi River, but that’s what it took to get the region’s mayors in the same room.

In the aftermath of the 2011 Mississippi River flood, damage stretched from Millington’s naval base to Memphis’ Beale Street. Leaders of the affected municipalities had to come together to apply for FEMA grants and plot their way out of devastation.

54. EDGE Considering Fast-Track Incentive Program, Diversity Spend Changes -

The Memphis-Shelby County Economic Development Growth Engine has started work on a new tax incentive program that would help Memphis compete with North Mississippi for industrial projects.

At its April 20 meeting, EDGE board chairman Al Bright appointed a committee to evaluate a proposed Fast Track PILOT and hammer out its policies and procedures.

55. The Week Ahead: April 18-24 -

Let’s get this week started, Memphis! Here’s our roundup of local happenings you need to know about, from the dreaded federal income tax filing day, to the scheduled end of the Tennessee Legislature for this session, to a couple of big round-ball games at FedExForum beginning Friday.

56. Walton Named Principal Of Commercial Advisors -

Cushman & Wakefield/Commercial Advisors has appointed Patrick Walton as principal.

He joined the firm as vice president in March 2012 and has more than 10 years of experience in commercial real estate.

57. Hamilton & Holliman Bringing Mixed Upscale Housing to South Main -

What was once Downtown’s industrial and rail district is now one of the most densely populated residential neighborhoods in Memphis. Over 2,000 units are under development in the South End, and the current population is expected to double over the next two to three years, according to the Downtown Memphis Commission.

58. Fayette County Chosen for Property Evaluation Program -

Fayette County is getting help from state leaders to evaluate properties that could attract new business.

The Tennessee Department of Economic and Community Development announced Fayette is one of eight counties chosen to participate in the Select Tennessee Property Evaluation Program (PEP) Spring Round. The other counties selected are Humphreys, Lawrence, Maury, Scott, Unicoi, Van Buren and White.

59. Walton Named Principal of Commercial Advisors -

Cushman & Wakefield/Commercial Advisors has appointed Patrick Walton as principal.

He joined the firm as vice president in March 2012 and has more than 10 years of experience in commercial real estate.

60. Waste Pro Inks Deals With Germantown, Gallaway -

The city of Germantown as well as Gallaway in Fayette County have signed five-year contracts with Waste Pro to provide solid waste collection, disposal and recycling services to residential customers.

61. Moving Dirt -

The Memphis development community is looking inward and upward to increase density in the urban core. New construction is happening across all four commercial real estate sectors, with long-anticipated projects like Trader Joe’s and the redevelopment of Central Station finally coming to fruition. Construction and operating costs continue to be a challenge as new projects hit the top of their class to command higher rents.

62. Waste Pro Inks Deals With Germantown, Gallaway -

The city of Germantown as well as Gallaway in Fayette County have signed five-year contracts with Waste Pro to provide solid waste collection, disposal and recycling services to residential customers.

63. City Council Debates Idea of De-Annexation Compromises -

A proposal to form a joint city-county group to explore voluntary de-annexation and the city’s footprint goes to the Memphis City Council for a vote in two weeks.

But there is vocal sentiment on the council against the city giving up any of its turf, including the most recently annexed areas of south Cordova and Southwind-Windyke.

64. Lawmakers Lure Us In With Momentary Sanity, And Then... -

Just when it appears the Tennessee Senate is made up of sensible people – as evidenced by the killing of de-annexation legislation – the body is changing course with a Bible-thumping measure.

65. Gaskins Leads Engineering Office -

Wain Gaskins has joined consulting engineering firm Cannon & Cannon Inc. as manager of the company’s new Memphis office as well as director of West Tennessee operations and business development. 

66. Nike Continues Renovations at Lamar Warehouse -

Renovations continue at Nike Inc.’s new home on Lamar Ave. Contractor American Material Handling Company Inc. recently filed a $1.7 building permit for “installation of an elevated platform structure.” Hillwood is listed as the owner of the 5155 Lamar Ave. warehouse.

67. Last Word: Basketball Intervention, Medical Inventory and Memphis in the 1960s -

Five games left for the Grizzlies to win three and then get to play more in the NBA playoffs. And what seemed to be a foregone conclusion is now not such a sure thing based on the Grizz performance in Sunday’s 119-107 loss to the Orlando Magic in Orlando.

68. Moore Tech Expands With Welding School, Looks Toward Next Goal -

For the first time in its 80-year history, the William R. Moore School of Technology has expanded beyond its Poplar Avenue campus.

The trade school, now known as Moore Tech, opened its new School of Welding at 475 N. Bellevue Blvd. Thursday, March 31, in a renovated building that was once a furniture store.

69. Statewide Demand Outstrips Supply of Qualified Workers -

Tennessee is surging as a major manufacturing state, bouncing back from the Great Recession by attracting billions of dollars in new investment and creating thousands of new – and often very high-paying – advanced manufacturing jobs.

70. Construction Continues At Cummins Warehouse -

Renovations continue at Cummins Inc.’s new distribution center. Jolly Roofing and Contracting Co. Inc. recently filed a $944,000 building permit application for the existing 400,000-square-foot warehouse at 5800 Challenge Drive.

71. Cannon & Cannon Opens Local Engineering Office -

Cannon & Cannon Inc., a Knoxville-based, women-owned consulting engineering firm, has established a Memphis office.

CCI provides services in civil engineering specializing in transportation and traffic design, electrical engineering design, water, wastewater and gas design. Also, CCI offers services in community, commercial and industrial development, as well as municipal revenue enhancement. CCI has been providing engineering services for 20 years and counts the Tennessee Department of Transportation and the Knoxville Utility Board among its largest clients. CCI also has offices in Brentwood, Tenn., and Bowling Green, Ky.

72. ALSAC Buys Warehouse For $6 Million -

483 Manassas St.
Memphis, TN 38105

Sale Amount: $6 million

Sale Date: March 17, 2016

Buyer: ALSAC

Seller: Michael Nussbaum and Joyce Nussbaum

73. Construction Continues on Cummins Warehouse -

Renovations continue at Cummins Inc.’s new distribution center. Jolly Roofing and Contracting Co. Inc. recently filed a $944,000 building permit application for the existing 400,000-square-foot warehouse at 5800 Challenge Drive.

74. Levy Dermatology Adds Danielle Levine -

Dr. Danielle Levine has joined Levy Dermatology as a dermatologist from Harvard Medical School, where she ran high-risk skin cancer, melanoma, surgery and cosmetic clinics. Levine brings expertise in skin cancer detection and treatment, as well as minimally invasive techniques for facial and body rejuvenation.

75. Engineering Firm Cannon & Cannon Opens Memphis Office -

Cannon & Cannon Inc., a Knoxville-based, women-owned consulting engineering firm, has established a Memphis office.

76. Nike Starts Building Out New Warehouse on Lamar -

Nike Inc. has a new home on Lamar Avenue.

A $1.5 million building permit application recently filed with the Memphis-Shelby County Office of Construction Code Enforcement lists “install industrial storage racks” for a warehouse at 5155 Lamar Ave.

77. Dodging a Disaster With Volkswagen? -

Next month will mark five years since the first Passat rolled off the assembly line at Chattanooga’s Volkswagen plant. Most anniversaries are a cause for celebration.

But as Chattanoogans blow out the candles on this particular milestone they’ll be hoping that Volkswagen’s diesel emissions troubles will soon be extinguished, too, and that the new SUV model they’ll start producing this year will help VW emerge from the crisis a better and stronger company than before.

78. Last Word: A Cleansing Breath, Urban Child Three Months In and Sugar In South Main -

Let’s all take a deep cleansing breath, away from the mounds of pollen that are amassing in the Memphis spring.
And resolve, however in vain it might be, that the word de-annexation will not be used in our presence at least until Monday – Tuesday if possible.

79. Sugar Services, an Elephant in South End Room, Plans to Stay -

In operation since 1969, Sugar Services is one of the last vestiges of the South End’s legacy as a heavy industrial area. While the factory has continued to process bulk sugar into liquid sugar from its site at 15 W. G.E. Patterson, at the southeast corner of Tennessee Street, developers attracted to the South Main Arts District have built condos and apartments on either side.

80. Memphis Fights Back: Senate Poised To Do Real Damage via De-Annexation -

Memphis Mayor Jim Strickland makes a persuasive argument against de-annexation legislation now being considered by the state Legislature, providing a long list of figures to show it would devastate the Bluff City.

81. Over $20M in Construction Headed to Brewery District -

495 Tennessee St.
Memphis, TN 38103

Permit Amount: $18.8 million

Owner: 495 Tennessee LLC

Tenant: Brewery Master Tenant

82. Nike Commences Build-Out of New Warehouse -

Nike Inc. has a new home on Lamar Avenue.

A $1.5 million building permit application recently filed with the Memphis-Shelby County Office of Construction Code Enforcement lists “install industrial storage racks” for a warehouse at 5155 Lamar Ave.

83. Sweetening the Pot -

The role of the private and public sectors in growing minority wealth came to a head at the March 16 board meeting of the Memphis-Shelby County Economic Development Growth Engine.

EDGE says that requiring companies that are receiving tax breaks to contract with minority- and women-owned companies makes for good public policy.

84. County Commission Questions City Figures on Deannexation -

Some Shelby County Commissioners are skeptical about City Hall’s estimate of how much city government would lose in revenue if a deannexation bill in the Tennessee Legislature becomes law.

The commission’s discussion at Wednesday, March 16, committee sessions came as Memphis Mayor Jim Strickland was in Nashville to lobby against the bill in the state Senate.

85. Fed Keeps Key Rates Unchanged; Foresees Fewer Hikes In 2016 -

WASHINGTON (AP) – The Federal Reserve is keeping a key interest rate unchanged in light of global pressures that risk slowing the U.S. economy.

As a result, Fed officials are forecasting that they will raise rates more gradually this year than they had envisioned in December. The officials now foresee two, rather than four, modest increases in their benchmark short-term rate during 2016.

86. Potential Revenue Loss Stirs Deannexation Options -

As a potentially damaging deannexation bill moves to the state Senate for a possible vote soon, city officials are considering options to combat the expected loss of revenue should the bill pass.

Memphis Mayor Jim Strickland estimates the state deannexation law could cost City Hall $27.7 million on the low end but as much as $80 million if all Memphis annexations dating back to 1998 were negated by voters in those areas.

87. Council Tallies Damage in 'Day of Bad News' -

Memphis City Council member Berlin Boyd summed up City Hall’s attitude Tuesday, March 15, during the council’s executive session. “Today is the day of bad news,” he said after a briefing from Mayor Jim Strickland on the deannexation bill approved the night before by the Tennessee House.
That was followed by more details on the estimated $60 million it will cost to replace the entire radio system for local first responders from the radios to the towers used to transmit their signals.

88. Sparks Fly In Nashville Over Deannexation -

The Tennessee Legislature’s debate about a proposed deannexation law isn’t a case of Memphis against the rest of the state.

It’s a debate within the Shelby County legislative delegation and with a few exceptions, most of the critics of the measure that would allow referendums to undo annexations that are in some cases 18 years old are Memphis legislators.

89. Tennessee House Approves Deannexation Bill -

The Tennessee House approved a deannexation bill Monday, March 14, in a 68-25 vote after an emotional debate and a tide of amendments that were all voted down on the floor.

Republican state Representative Mike Carter of Hamilton County also disputed Memphis Mayor Jim Strickland’s claim that the city of Memphis stands to lose approximately $80 million in sales and property tax revenues.

90. Keeping Customer Service up to PAR: Plan, Act, Review -

Delivering quality service is vital to ensuring repeat business from loyal customers. Customer service is fluid, changing not only from industry to industry but also from business to business within each industry. However, whether you’re a restaurant manager or hardware store operator, or you work in the industrial sector, some things never change when it comes to quality service. 

91. Toward a Better Definition Of ‘Innovation Process’ -

Innovation is one of those words that means something different to each person that hears it. When you describe the whole framework as an innovation process, the confusion compounds exponentially. The word process is more misleading than the word innovation

92. Politics of Deannexation Proposal Grows More Complex -

Memphis Mayor Jim Strickland is heading to Nashville Wednesday, March 16, to talk with legislators about what he considers City Hall’s highest priority in the 2016 session of the Tennessee Legislature – defeating a deannexation proposal.

93. Sticky Lawsuit: $400M Dispute Lingers Over Post-It Inventor -

FORT LAUDERDALE, Fla. (AP) – Alan Amron has invented a battery-powered squirt gun, a digital photo frame, even a laser system that may someday provide a visible first-down line for fans inside NFL stadiums. He holds 40 U.S. patents, but he's most interested in an invention for which he gets no credit: the Post-it Note, that ubiquitous sticky-back product made into a worldwide success by the 3M Company.

94. Commission Approves Millington TIF Amendments -

The Shelby County Commission approved Monday, March 7, a resolution that increases the amount of tax increment financing for the Shoppes of Millington Farms project on U.S. 51.

The total property tax increment going to the project increases from $3.3 million to $3.8 million. The funding is used for public infrastructure including water and sewer lines and public parking.

95. Last Word: Cubits Anyone, The G-Word and The TV News Crime Block -

How long is a cubit? After a day in which many of you got about four to five inches of rain and more to come Thursday, it seems an appropriate and timely question.
And yes, there is a cubit conversion chart on line for converting that and other really old units of measurement no longer in use like the mina, drachma or the synodic month.
So the average cubit, which is supposed to be the length of a forearm, is 18 inches or a foot and a half. That’s 0.4572 of a meter, which might as well be an ancient unit of measurement.
Someone had to say it.
According to biblehub.com – I’m not making up websites – the book of Genesis sets God’s instructions to Noah as an arc with the dimensions of 300 cubits long, 50 cubits wide and 30 cubits tall. And it was to be made out of gopher wood and covered inside and out with pitch.
The New Living Translation and Holman Christian Standard Bibles convert that to an arc 450 feet long, 75 feet wide and 45 feet high.

96. Airport-Area Industrial Sells for $1.2 Million -

1525 Three Place, 3365-3378 One Place
Memphis, TN 38116

Sale Amount: $1.2 million

Buyer: Gregory Realty

Seller: One Place Associates

97. County Commission Approves Millington TIF Amendments -

The Shelby County Commission approved Monday, March 7, a resolution that increases the amount of tax increment financing for the Shoppes of Millington Farms project on U.S. 51.

The total property tax increment going to the project increases from $3.3 million to $3.8 million. The funding is used for public infrastructure including water and sewer lines and public parking.

98. Commission Votes Down Term Limits Referendum On First Reading -

Shelby County Commissioners voted down a referendum ordinance Monday, March 7, to eliminate term limits in county government.

But the ordinance moves on to second and third readings despite the vote on first reading under the commission’s rules of procedure.

99. Airport-Area Industrial Sells for $1.2 Million -

A local investor has purchased four industrial buildings near Memphis International Airport. Gregory Realty bought 1525 Three Place and 3365-3378 One Place, totaling 85,631 square feet, from One Place Associates for $1.2 million.

100. US Trade Gap Widens to $45.7 Billion in January -

WASHINGTON (AP) – The U.S. trade deficit rose in January as American exports fell for a fourth straight month, the Commerce Department said Friday.

The gap between exports and imports climbed to $45.7 billion in January from a revised $44.7 billion in December. Exports of goods and services fell 2.1 percent in January to $176.5 billion, lowest since June 2011. Exports of industrial equipment and supplies were down. American exporters have been hurt by weakness around the world and by a strong dollar that makes U.S. products more expensive overseas.