VOL. 118 | NO. 184 | Tuesday, October 12, 2004
Buckingham Farms Land
FaxonGillis Homes Inc. has
financed 25 lots in phases 22 and 24 of the Buckingham Farms Planned
Development for $6 million, according to The Daily News Public Records
Database, www.memphisdailynews.com. SouthTrust Bank is the lender.
Burch Porter& Johnson
Opens London Office
Memphis-based law firm Burch Porter & Johnson has
announced the opening of a representative office in London. The office is
designed to serve U.S. clients who conduct business in Europe and the Middle
East and assist European enterprises interested in the Memphis region. Burch
Porter member Ralph B. Lake is the firms London representative.
Aviall Inc., whose Inventory
Locator Service business unit is based in Memphis, has expanded its
Dallas-based corporate headquarters and Aviall
Services' Dallas distribution facility. The 305,000-square-foot expanded
facility comes in response to sales increases over the last three years.
Health Care Costs
Could Begin to Moderate
U.S. health care costs increased sharply again this year, but could begin to
moderate next year, according to global human resources services firm Hewitt
Associates. For 2005, Hewitt projects an 11.3 percent average increase for
employers, lower than 2004's 12.3 percent increase.
Memphis No. 43
on Innovation Index
Memphis has been ranked 43rd in a
Visa Innovation Index, which measures on a per capita basis elements of innovation including community
support, entrepreneurialism and creativity among the nation's top 50 markets.
The city came in at No. 34 in entrepreneurship, No. 33 in community and No. 43