VOL. TMN-7 | NO. 7 | Saturday, February 8, 2014
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.
There has to be a better and simpler way to play the incentives game when it comes to economic development.
EMPHASIS Financial Services
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.
The Memphis office of CBIZ MHM LLC is welcoming a host of new faces in 2014.
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.
THE MEMPHIS NEWS ALMANAC
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.
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.
Nashville-based Elmington Capital Partners apparently likes the apartment market in Downtown Memphis.
Memphis City Council members got deeper Tuesday, Feb. 4, into the specifics of Memphis Police and Fire Department budget decisions.
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 is gearing up for a whirlwind of activity next month.
It makes perfect sense for a guest speaker at Medtronic Inc. to deliver a motivational speech titled “Adopting a Global Mindset.”
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.
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.
Two people that had once considered teaming up to acquire and renovate crumbling Ashlar Hall are going their separate ways.
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.
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.
Retired Navy Cmdr. Michael Samuelson of Lakeland has one simple philosophy that sums up his approach to life: “Enjoy yourself.”
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.
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 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 is starting 2014 with a handful of new faces and a move to a new office soon.
Freelancers and other busy professionals who work remotely, outside of a traditional office setting, probably know the feeling.
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.
It was commissioner against commissioner in the highest profile use so far of Shelby County government’s current ethics policy.
Kathy Buckman Gibson is changing her role in the Buckman family business, Buckman International.
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” spotlights Memphians who are passionate about calling this community home. New Memphis Institute provides the profiles.
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.
Rafael Nadal isn’t walking through that door. But Kei Nishikori is.
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.
REAL ESTATE RECAP
4789 Cromwell Ave., Memphis, TN 38118, Permit Cost: $16 million -
James C. Hunter’s first ceiling fan, which he invented in Syracuse, N.Y., in 1886, was water-driven.
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.”
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.
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.
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.
Who’s your boss? Is it your manager, client or customer?
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.
It’s not all about you.
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.