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VOL. TMN-7 | NO. 7 | Saturday, February 8, 2014
Weekly Issue

PILOT Reform

Economic development leaders weigh changes to incentive program

Nike is in the midst of a $301 million expansion of its Northridge plant in Frayser, a project that means the Beaverton, Ore.-based company will create 250 new jobs and retain 1,600 existing local jobs.

Editorial: Seeking a Better Solution for Local Economic Incentives

There has to be a better and simpler way to play the incentives game when it comes to economic development.

EMPHASIS Financial Services

New Horizons

Office move heralds new future for Marston Group

When The Marston Group PLC, a Memphis-based certified public accounting and financial consulting firm, held an open house in recent weeks at its new digs, the evening portion of the event lasted from 7 till later in the night, with the last person leaving around 10.

CBIZ Memphis Adding 20 Hires, Interns

The Memphis office of CBIZ MHM LLC is welcoming a host of new faces in 2014.

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Memphis, TN
Wind: West at 10.4 mph
Humidity: 69%


Memphis Botanic Garden will host the Green Your Home Winter Plant Sale Friday, Feb. 7, and Saturday, Feb. 8, from 9 a.m. to 5 p.m. at the garden, 750 Cherry Road. The sale will feature house plants, custom potting, terrariums and garden gift items. Admission is free. Visit memphisbotanicgarden.com.

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Lamanna Loves Client Relationship of Accounting

Frank Lamanna attributes his interest in pursuing accounting as a career to an early episode in his life – taking an accounting class at Christian Brothers High School.


February 7-13: This week in Memphis history

1950: Among the new merchant licenses listed in The Daily News, Memphis Recording Service at 706 Union Ave. The owner of the recording service was a sound engineer for WREC radio who had decided to branch out into making recordings for whoever hired out his studio or hired him to bring his equipment to their event. His name was Sam Phillips. And he would soon add his own independent record label to the business, Sun Records.

Arc de Overton

Park’s bicycle arch to serve as gateway

The bicycle arch on the eastern side of Overton Park should be installed Saturday, Feb. 8, where Sam Cooper Boulevard dead-ends into East Parkway.

FedExForum Area Targeted for Apartments

Nashville-based Elmington Capital Partners apparently likes the apartment market in Downtown Memphis.

Police, Fire Directors Discuss Budget With Council

Memphis City Council members got deeper Tuesday, Feb. 4, into the specifics of Memphis Police and Fire Department budget decisions.

Cohen Against Haslam’s College Plan

The legislator who pushed and finally won passage of the Tennessee Lottery a decade ago doesn’t like the plan by Tennessee Gov. Bill Haslam to use most of the lottery reserve for an endowment to offer two years of community college free to every Tennessee high school graduate.

Literacy Mid-South Gears Up for Busy March

Literacy Mid-South is gearing up for a whirlwind of activity next month.

Harris Brings Motivation to Medtronic Employees

It makes perfect sense for a guest speaker at Medtronic Inc. to deliver a motivational speech titled “Adopting a Global Mindset.”

Champion Rebrand

T-shirt company aligns name closer with business focus

In 1996, the company known as Champion Awards and Apparel first waded into the world of e-commerce by operating a merchandise website for the Memphis Mad Dogs, the Canadian Football League team that was partly owned by FedEx founder, chairman and CEO Fred Smith.

International Paper Fourth-Quarter Earnings Nearly Double

Memphis-based International Paper posted lower-than-expected profits in fourth quarter 2013, in part from a write-down on the value of its xpedx distribution business.

Competing Bidders Emerge for Ashlar Hall

Two people that had once considered teaming up to acquire and renovate crumbling Ashlar Hall are going their separate ways.

Haslam: Remove Higher Education Barriers

When Tennessee Gov. Bill Haslam outlined an endowment from Tennessee lottery reserve funds to offer two years of community college free to all Tennesseans graduating high school – a plan he presented during his State of the State address Monday, Feb. 3 – it was a concept that had been years in the making.

Memphian Prepares to Launch ‘Fashion Truck’

Cyndii Jo Hartley, a hairdresser at Epic Total Salon, is preparing to start her own clothing boutique – one with a concept that ought to sound familiar to fans of Memphis’ food truck community.

Samuelson Turns Passion Into Race-Management Company

Retired Navy Cmdr. Michael Samuelson of Lakeland has one simple philosophy that sums up his approach to life: “Enjoy yourself.”

More Than 30 Seconds

Super Bowl ads go beyond traditional to tell story

It’s official. Super Bowl advertising is no longer a one-night event. The marketing strategies that reigned supreme in Super Bowl XLVIII took the better part of January to accomplish and are still unfolding online even this week.

Office Occupancy Ends 2013 on High Note

An unusually strong fourth quarter helped push the overall Memphis office market occupancy rate into positive territory for 2013, according to year-end commercial real estate market reports.

University of Memphis' Martin Challenges Dropout Premise

University of Memphis interim President Brad Martin says the premise that students coming out of high school are academically unprepared for higher education may not be as prevalent as it’s believed to be. And he adds that the university’s experience indicates students leave without graduating because of other factors.

Legacy Wealth Management Grows Staff, Relocates

Legacy Wealth Management is starting 2014 with a handful of new faces and a move to a new office soon.

Cowork Memphis Opens Workspace Venture

Freelancers and other busy professionals who work remotely, outside of a traditional office setting, probably know the feeling.

Doctors Go Digital

Baptist Adopts Electronic Records System

The name – Baptist OneCare – really does say it all. Baptist Memorial Health Care Corp. is in the midst of installing an electronic health records system that is as ambitious an undertaking as any in Baptist’s century-plus history.

Ethics Complaint Against Chism Dismissed

It was commissioner against commissioner in the highest profile use so far of Shelby County government’s current ethics policy.

Buckman Sees Leadership Changes

Kathy Buckman Gibson is changing her role in the Buckman family business, Buckman International.

Memphis Firm Warns of IV Saline Shortage

Memphis-based Comprehensive Pharmacy Services, the nation’s largest pharmacy services provider, issued an advisory to its more than 400 hospitals and health systems clients throughout the country to prepare for a protracted intravenous saline shortage.

I Choose Memphis: Mickell Lowery

“I Choose Memphis” spotlights Memphians who are passionate about calling this community home. New Memphis Institute provides the profiles.


Stretch Against East Teams Pivotal for Grizz Playoffs Push

It wasn’t unthinkable that Dirk Nowitzki and the Dallas Mavericks would come into FedExForum and win. They were, after all, protecting a one-game lead over the Grizzlies for the last playoff spot in the Western Conference, Nowitzki has been on a hot streak, Rick Carlisle is one of the NBA’s best coaches and the Grizzlies were without point guard Mike Conley.

Taking on Tennis Recruiting Woes

Rafael Nadal isn’t walking through that door. But Kei Nishikori is.


Meghan McMahon Joins Glankler Brown as Associate

Meghan K. McMahon has joined Glankler Brown PLLC as an associate, concentrating her practice in business and commercial litigation and intellectual property. McMahon previously worked in academic and membership affairs for the NCAA, and has experience with issues relating to NCAA compliance, sports and entertainment contracts, intellectual property.


Smucker Files $16 Million Permit for Plant Expansion

4789 Cromwell Ave., Memphis, TN 38118, Permit Cost: $16 million -


Hunter Fan’s Casablanca Brand Emphasizes Design

James C. Hunter’s first ceiling fan, which he invented in Syracuse, N.Y., in 1886, was water-driven.


Fascination From a Child’s Eyes

URPED MY OATS. “I urped my oats,” the 2-year-old announced from the backseat. “Urped her oats? Did she throw up back there?” her grandfather questioned. “Yes, baby,” her grandmother said to her, “you do have purple boots.”

Starting Over: When Corporate Goes Kaput

For many employees in the Memphis area, the story is all too familiar. You wake up one day and go to work, just like it was any other. You wear the same clothes, drive the same route, and eat at the same place for lunch. Things seem fine at first, but something starts to feel a little out of whack.

College Housing Options Have Different Costs

Ray’s Take: As if college tuition – and books – weren’t expensive enough, there’s also the cost of housing for your college student. Unlike the other two, however, this is one area where you can possibly have a little control over how much money is spent.

The ABAJ and Its Lists

Today’s I Swear Crossword, “Legal Programs–3 of 4,” is the third of a four-part series. The first two ran in early December and early January. If you’ve not solved these three puzzles, please go back and do so before reading on. Or waive your right to complain about my spoiling them in any way.

Working for Yourself

Who’s your boss? Is it your manager, client or customer?

Understanding 2014

Last week, the government released GDP statistics for the fourth quarter of 2013. Overall, the economy expanded at a 3.2 percent clip (above estimates). For the full year, the economy grew a less impressive 1.9 percent, but momentum was clearly built into the back half of the year. Expectations for 3 percent annual growth in 2014 remain intact.

Mutuality – A Must in Fundraising

It’s not all about you. 

Corporate Shamanism

Everyday we advise clients to take risks, leap into unknown and unexplored areas, express themselves in new ways – all to locate, validate and capitalize on new areas of growth.

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Blog News, Training & Events
PROPERTY SALES 110 188 14,031
MORTGAGES 126 219 16,224
BUILDING PERMITS 170 411 29,164
BANKRUPTCIES 57 116 9,042

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The Memphis News: Business, politics, and the public interest.