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VOL. 126 | NO. 162 | Friday, August 19, 2011

Kruger to Invest $316M in Memphis Plant

Canada-based manufacturer Kruger Inc. has chosen Memphis from among several locales as the place where the company will invest $316 million to develop a state-of-the-art manufacturing plant.

Telling Cotton’s Story

Cotton Museum embarks on major membership drive

The Cotton Museum at the Memphis Cotton Exchange has attracted more than 40,000 visitors from around the world since opening its doors in 2006, but new executive director Anna Mullins is on a mission to engage more Memphians in the story of the crop that helped shape their community.

MSCAA Examines DeWitt Spain Role

General DeWitt Spain Airport in Frayser reopened this month, three months after a temporary levee near the general aviation airport broke and the facility flooded.

The Burger Joint Joins Ridgeway Trace

Another national burger chain is setting up shop locally, except this one selected Memphis as its entrance into the Tennessee market.

Arlington To Consider Schools Consultant - Mays Clears Court Calendar

Arlington’s Mayor and Board of Aldermen will consider hiring a consultant to advise the town on the coming consolidation of Memphis City and Shelby County Schools.

Local Weather
Memphis, TN
Mostly Cloudy
Wind: Southwest at 10.4 mph
Humidity: 63%


The Rotary Club of Memphis Central will meet Friday, Aug. 19, from 11:45 a.m. to 1 p.m. at the Holiday Inn University of Memphis, 3700 Central Ave. Scott Blake, executive director of Victorian Village Inc., will speak about historic sites in Memphis. Cost is $20 for nonmembers. To register, call Karen Shea at 683-9099.

more events »

Fullilove Calls Madison Bike Lanes 'Disaster'

Add Memphis City Council member Janis Fullilove to the list of those opposed to dedicated bicycle lanes on Madison Avenue between Cleveland and Cooper streets.

EDGE Board Holds Inaugural Meeting

The new Economic Development Growth Engine approved its existence Wednesday, Aug. 17, while also addressing some confusing technicalities.

Teen Camp Good Grief Accepts Applications

Grief is tremendously difficult for anyone to process, especially for a young person who’s lost a parent or other loved one.

Playhouse Brings Business to Stage

Show business takes on business in the current production of “How to Succeed in Business Without Really Trying” at Playhouse on the Square.

Local Banks Get Small Biz Lending Boost

Small businesses in Memphis – as well as across Tennessee – stand to benefit from a pair of announcements unveiled this week regarding targeted federal investment in the area.

Second Mississippi River Steamboat to Dock in Memphis

The Memphis riverfront will have two queens next summer.

Fletcher to Use Pew Grant to Study Olfactory Function

Max Fletcher, Ph.D., one of this year’s Pew Scholars in the Biomedical Sciences said that, as a scientist, he enjoys trying to answer things for which no one has answers yet.


Coal, Ice And Coca-Cola

THE POWER OF VISION. Many families have a story about opportunities missed, fortunes lost. My great uncle was in the retail coal and ice business in Memphis. Around 1907, our story goes, a woman owed him about $7,500 – a piece of change then. She couldn’t repay him according to the terms set, so she offered something she owned instead to cover the debt. He turned her down but gave her new terms and she eventually paid off the loan. When asked to justify his decision (and he was asked a lot), he infamously replied, “What she had was a passing fancy, a temporary infatuation no one really needs. People will always need coal and ice.”

Phone Remains Important Tool For Fundraising

Let’s talk about the phone. In the world of email, Facebook, Twitter, texts and blogs, sometimes the phone gets overlooked. But it is a powerful tool. Especially, as demographers note, for people over a certain age. Many people grew up with the phone being the most immediate form of contact – the way to reach out and touch someone. Other ways are available, but there is an intimacy and yes, immediacy, that other methods don’t offer. With the phone you can actually talk with someone. You hear their voice, they hear yours. You can laugh, connect, make decisions, schedule appointments and then move on.


Valero Restarting Refinery Units After Fire

SAN ANTONIO (AP) Valero Energy Corp. on Thursday said it is in the process of restarting units at its Memphis refinery, which was shut down after a fire on Aug. 5. It warned the shutdown will lead to lower production and higher costs.


July Unemployment Holds at 9.8 Percent

NASHVILLE (AP) – Tennessee's July unemployment rate of 9.8 percent remained unchanged from the previous month.

Haslam Wants Quicker National Online Tax Rules

JOHNSON CITY, Tenn. (AP) – Gov. Bill Haslam says there are varying views among Tennessee's congressional delegation about the urgency for national rules governing the collection of online sales tax collections by retailers like Amazon.com.

Ripley Gets Manufacturing Plant to Employ 120

NASHVILLE (AP) – A German company has announced plans for a manufacturing plant that will create more than 120 jobs over five years in Lauderdale County.

Tennesseans Asked to Help Evaluate Textbooks

NASHVILLE (AP) – Tennessee education officials are asking the public for help in evaluating textbooks for the 2012-13 school year.


Sale of Oxford Hospital Building Completed

OXFORD, Miss. (AP) – After two years of negotiations, Baptist Memorial Health Care Corp. has completed the purchase of a building it had been leasing from local governments.


Walgreen Creating New Store Brand, Called Nice

DEERFIELD, Ill. (AP)Walgreen Co. said Thursday it is replacing its older store brands with a single new brand called Nice and plans to have 400 of products bearing that label on its shelves by early 2012.

Car Dealers Fear Economy Could Scare Off Buyers

STERLING HEIGHTS, Mich. (AP) – Jeff Swanson was in the market for a new car just a few weeks ago. Then the stock market went crazy.

Consumer Prices Rose by the Most Since March

WASHINGTON (AP) – Consumers paid more for gas, food and clothes last month, pushing prices up by the most since the spring.

Leading Indicators Rise 0.5 Percent in July

NEW YORK (AP) – A private research group forecast that the economy will grow slowly in the second half of the year because of the support it's gotten from the Federal Reserve.

More People Sought Unemployment Benefits

WASHINGTON (AP) – The number of people applying for unemployment benefits rose back above 400,000 last week. Still, the four-week average, a more reliable gauge of the job market, fell to the lowest level since mid-April.


Postal Union Seeks 'Good Faith' in Contract Talks

WASHINGTON (AP) – Union leaders are calling on the Postal Service to disavow a proposal to slash up to 120,000 jobs.


Home Sales Dropped 3.5 Pct. in July, Hit 2011 Low

WASHINGTON (AP) – The number of people who bought previously occupied homes dropped in July. The third decline in four months suggests the depressed housing market won't help the U.S. economy recover this year.

Rate on 30-Year Mortgage Falls to Lowest on Record

WASHINGTON (AP) – The average rate on a 30-year fixed mortgage has fallen to its lowest level on records dating to 1971.

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