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VOL. 132 | NO. 139 | Friday, July 14, 2017

Thomas & Betts to Invest $20.7 Million in Expansion

Thomas & Betts plans to add 75 employees and invest $20.7 million in its headquarters relocation in Memphis and is seeking a 15-year payment-in-lieu-of-taxes (PILOT) incentive to help defray those costs.

Three Local Developers Seeking DMC Grants to Attract New Tenants

Three new redevelopment projects are seeking Exterior Improvement Grants from the Downtown Memphis Commission in the hopes of attracting new tenants.

Trump Nominates Norris, Parker to Memphis Federal Court Bench

President Donald Trump has nominated state Senate Republican Leader Mark Norris and Memphis attorney Tommy Parker to be the two newest judges in Memphis federal court, according to U.S. Senator Lamar Alexander of Tennessee.

Agracel Transforms DeSoto County Industrial Site

With massive speculative buildings popping up all over North Mississippi and a direct vacancy rate lower than 6 percent for DeSoto County industrial sites, it’s hard to imagine a developer would still be able to find a hidden gem among the existing inventory. But that’s exactly what Agracel Inc. did.

Overton Gateway Developers, Neighbors Reach Tentative Compromise

It may have taken the mediation of a Memphis City Council member and two hours of negotiation, but representatives from a local development group and a coalition of concerned Midtown residents were able to reach a tentative compromise on the fate of a massive project at the doorstep of Overton Park.

Local Weather
Currently
Memphis, TN
71.0°F
A Few Clouds
Wind: Calm mph
Humidity: 87%

EVENTS

L’Ecole Culinaire will host its “Date Night: Tour of Foods From Napa” cooking class Friday, July 14, from 6 p.m. to 9 p.m. at L’Ecole, 1245 N. Germantown Parkway. Whether this is your first date or anniversary, this unique dining experience explores Napa wines and the foods that go with them. Cost is $95 per person; includes instruction, three-course meal and wine. Register at lecole.edu.

more events »

County Budget Talks Reveal Political Divide

When Shelby County Commissioners convene Monday, July 17, it will be their third meeting in a week – following committee sessions Wednesday and the special meeting to approve a county operating budget two days before that.

Last Word: Fifth Wave, Hidden Gem in OB and the Freeze Filibuster

There is one less contender in the crowded field of potential and declared candidates for the Republican nomination for Governor in 2018. State Senate Majority Leader Mark Norris of Collierville was nominated for federal court judge Thursday by President Donald Trump who also nominated Memphis attorney and former federal prosecutor Tommy Parker to the U.S. District Court for the Western District of Tennessee as well. Both are part of what The White House described as a “fifth wave” of judicial nominees.

Indie Memphis Announces Film Series Lineup

Indie Memphis has announced its film lineup for August, September and October for its “Indie Wednesday” film series featuring narrative and documentary films, classics, festival encores and short-film programs.

Front Porch Adds Lunch Shuttle

The Front Porch restaurant is running a lunchtime shuttle golf cart from the Main Street Mall’s southern end to the restaurant at Beale Street Landing.

Paradigm Innovating, Evolving in 25th Year

Following major cancer surgery three years ago, Paradigm Marketing & Creative’s owner and chief idea architect Charles Gaushell decided to focus less on growing his company’s size just for the sake of growth and more on the quality of its clients and helping them to best tell their stories.

SPORTS

National Title is Success for Alabama, Not Other SEC Teams

HOOVER, Ala. – They play in the same conference, but in different worlds. Alabama defines success as winning a national championship.

Jones Has Definitely Proven He Can Recruit

When in doubt, do what you do best – recruit. That seems to be the approach of Tennessee Vols coach Butch Jones. While many UT fans, and some in the media, are portraying this as a make-or-break season, Jones is planning for his future by stockpiling commitments for 2018 and beyond.

‘Cheeseburger Buddies’ Make Nice for TV

Tennessee coach Butch Jones passed his first test of the 2017 football season Monday. He made it through SEC Media Days.

THE PRESS BOX

Freeze Finds His Ground Game at SEC Media Days

HOOVER, Ala. – Hugh Freeze reached into his playbook Thursday morning at SEC Media Days and pulled out the Football Filibuster. At the podium in a hotel ballroom filled with journalists, the Ole Miss football coach made an opening statement that went beyond 15 minutes.

THE TIPPING POINT

Herwig Engineers With a Sense of Responsibility

“I always liked building things and working with my hands,” Josh Herwig muses, holding out a prototype of the medical device he’s designed and engineered.

LOCAL COLUMNISTS

Life is Where You Live

In our USAToday, we woke up here. We’ve all heard former Speaker Tip O’Neill’s grammatically flawed truism, “All politics is local.”

Keys to Great Financial Planning

Ray’s Take: It would be nice if you had a magic formula or an easy trick that made it so you never had to worry about money again, but life doesn’t work that way. You need a plan to help you reach your goals, and the plan should have multiple steps.

Companies Can Be Identity Theft Victims

More than 15 million consumers were the victims of identity theft in 2016. Companies can also have their good names misappropriated in a scheme to defraud consumers.

MEMPHIS AREA

Officials Investigating High Toxin Levels at Allen Fossil Plant

MEMPHIS, Tenn. (AP) – Health and environmental officials say they are investigating how high levels of arsenic and lead were found in groundwater under a Tennessee coal power plant.

STATEWIDE

Senate Confirms Tenn. Businessman Picked by Trump as Japan Envoy

WASHINGTON (AP) – The Senate has confirmed Tennessee businessman William F. Hagerty as President Donald Trump's ambassador to Japan.

UT, Vanderbilt to Help Study Haslam's Higher Education Push

NASHVILLE, Tenn. (AP) – The University of Tennessee at Knoxville and Vanderbilt University will help study results from Gov. Bill Haslam's initiatives to increase the percentage of residents with higher education degrees.

NAACP Asks for Removal of Confederate Statue From Courthouse

CHATTANOOGA, Tenn. (AP) – A Tennessee chapter of the NAACP is urging officials to remove a statue of a Confederate general from in front of a county courthouse, echoing similar efforts throughout the South.

US ECONOMY

Yellen Calls Risks of Inflation 'Two-Sided'

WASHINGTON (AP) – Federal Reserve Chair Janet Yellen on Thursday said she believed the risks concerning inflation are "two-sided," stressing that price gains could both accelerate or slow down.

CONSUMER NEWS

Social Security to Rise by About $28 Monthly

WASHINGTON (AP) – Social Security's trustees say beneficiaries will get the largest payment increase in years in 2018. But older Americans shouldn't get too excited – it's just 2.2 percent, or about $28 a month for the average recipient.

Walmart Unveils New Tools to Help Shoppers Save Time

NEW YORK (AP) – Walmart is pushing convenience for the back-to-school shopping season as it tries to compete better with Amazon.

LEGAL AFFAIRS

US Charging 412 in Health Fraud Schemes Worth $1.3 Billion

WASHINGTON (AP) – More than 400 people have been charged with taking part in health care fraud and opioid scams that totaled $1.3 billion in false billing, Attorney General Jeff Sessions announced Thursday.

MEDICAL NEWS

Panel Calls on FDA to Review Safety of Opioid Painkillers

The U.S. Food and Drug Administration should review the safety and effectiveness of all opioids, and consider the real-world impacts the powerful painkillers have, not only on patients, but also on families, crime and the demand for heroin.

Overton Gateway Developers, Neighbors Reach Tentative Compromise

It may have taken the mediation of a Memphis City Council member and two hours of negotiation, but representatives from a local development group and a coalition of concerned Midtown residents were able to reach a tentative compromise on the fate of a massive project at the doorstep of Overton Park.

Thomas & Betts to Invest $20.7 Million in Expansion

Thomas & Betts plans to add 75 employees and invest $20.7 million in its headquarters relocation in Memphis and is seeking a 15-year payment-in-lieu-of-taxes (PILOT) incentive to help defray those costs.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 77 286 16,478
MORTGAGES 95 347 19,032
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 393 33,519
BANKRUPTCIES 52 176 10,913
BUSINESS LICENSES 20 77 5,275
UTILITY CONNECTIONS 0 102 11,446
MARRIAGE LICENSES 27 97 3,964

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