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VOL. 130 | NO. 199 | Tuesday, October 13, 2015

Daily Digest

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Raines Road Warehouse Sells for $1.6 Million

A warehouse at 5015 E. Raines Road has sold for $1.6 million, according to an Oct. 8 warranty deed.

Tennessee-based Rubicon Crossing LLC bought the 261,196-square-foot industrial and office property from Missouri-based Raines Road LLC.

In 2003, Raines Road LLC bought the property from National Bank of Commerce for $3.8 million.

In 2015, the Shelby County Assessor of Property appraised the building for $2 million. Built in 1969, it sits on 13.3 acres.

– Madeline Faber

Memphis Company BPI Wins Governor’s Award

A Memphis company has been awarded the Tennessee Governor’s Award for Trade Excellence, which honors companies statewide for engaging in global trade.

BPI Packaging LLC was the winner in the medium-sized company category. Established in 2000, Memphis-based BPI blends, packages and distributes chemical products for consumer and industrial markets for Fortune 500 customers. It’s the largest contract manufacturer for 3M/U.S. and 3M/Singapore for the Meguiar’s line of auto care appearance products.

Export sales, which BPI has increased since 2013, now reach $6 million and make up 20 percent of its total annual revenue.

Hendersonville-based Novita Technologies won in the small-sized category; Jack Daniel Distillery was named the large company winner.

Tennessee companies exported $32.9 billion worth of goods and services in 2014. Top export commodities include medical equipment and supplies, motor vehicle parts, computer equipment and basic chemicals.

– Daily News staff

Flying Saucer To Grow ‘Stumbling Santa’

Flying Saucer Draught Emporium has teamed up with Porter-Leath to launch a fundraiser on the crowdfunding site Indiegogo.

The goal? To raise $7,000 to fund a heated tent that can accommodate the more than 1,200 participants expected at this year’s 11th annual Stumbling Santa Pub Crawl.

The event has grown so large that Flying Saucer needs the extra space for the 1,200 or more “santas” it has each year. To sweeten the deal, Flying Saucer is planning a special beer tasting Nov. 12 for donors pledging $100 or more to the cause.

That event will feature a variety of rare beers, some never before served in Memphis. Donors may give online at indiegogo.com. Funds raised above the $7,000 goal will be donated directly to Porter-Leath.

– Andy Meek

Archer Malmo Continues Growth in Memphis, Austin

Archer Malmo has announced eight recent new hires in its Memphis office and seven in its recently acquired office in Austin, Texas.

The agency now employs 185 people.

New hires in Memphis, in alphabetical order, include:

• Cassie Becker, public relations specialist. Becker previously served in a similar role at GROWMARK Inc., a regional agricultural cooperative.

• Jennifer Blome, account coordinator on the agency’s account service team. Blome is a recent graduate of the University of Mississippi and previously interned at Terminix and Signature Advertising in Memphis.

• Jordan Crump, senior public relations specialist. Crump previously served in a similar role at ALSAC, the fundraising arm of St. Jude Children’s Research Hospital.

• Geoff Davis, junior digital developer. Davis recently served as an Archer Malmo intern after graduating from Harding University earlier this year.

Fred Nichols, vice president and account director for the agency’s agriculture division. Nichols has more than 25 years’ experience and was previously an account director and senior strategist at the McCormick Co. and account director at DDB/Chicago.

• Lucas Peterson, part-time operations coordinator. Most recently, Peterson was an independent recording producer and sound engineer.

• Elyse Pickle, senior digital marketing specialist. Pickle previously served as digital managing producer for the St. Louis Rams and as digital strategist and project manager for FleishmanHillard.

Monica Smith, accounting coordinator. Previously, Smith provided administration and billing support and facilitated new hire orientations for both Lyons Cleaners Enterprises and the Memphis Symphony Orchestra.

Additionally, Christina Comas on the agency’s retail team, as well as Jordan Pegram and Leigh Eisenberg on the account service team, were all promoted to account executive from account manager.

– Don Wade

Court Square Lunch Events To Boost Race for the Cure

In a final push for Race for the Cure registration, the Downtown Memphis Commission will host the inaugural Court Square for the Cure this week.

Attendants will be able to register for the race and support breast cancer awareness during the event, to be held Oct. 14-16 from 11:30 a.m. to 1 p.m.

Wednesday, Oct. 14, will be a “corporate karaoke smackdown” with a judging panel and $150 cash prize.

Thursday, Oct. 15, will feature a picnic in the park with a food truck rodeo and a free concert by the Mighty Souls Brass Band.

Friday, Oct. 16, will be a “recess for the cure” event with outdoor activities like basketball with Pouncer, the University of Memphis Tigers’ mascot, cornhole, golf chipping contest, Grizz Girls and Claw Crew tailgate, Memphis Bubble Ball soccer, and a Bardog Tavern slider eating contest.

All three days will feature cotton candy and pink lemonade. Events are free; visit downtownmemphis.com to register for the contests.

Race for the Cure will be held Oct. 31 in Downtown Memphis. Visit komenmemphis.org for details and race registration.

– Madeline Faber

Shiftgig Opens Memphis Office

A company that runs a mobile marketplace for gig-type jobs has opened a Memphis office.

Shiftgig uses a smartphone app to connect people with “on-demand” jobs, including bartending, serving and retail warehouse work that come up suddenly and have to be filled quickly. That includes jobs at sporting events and festivals. The company also filled positions at the recent Janet Jackson concert at FedExForum.

Shiftgig already has offices in Atlanta, Dallas, Houston and New York. The Memphis office is at 5575 Poplar Ave.

– Bill Dries

New Website for Memphis Workforce Alliance

The Greater Memphis Alliance for a Competitive Workforce has launched a new website, gmacw.com.

The site will function as a resource for employers to connect with skilled workers and for workers to find training programs. It also will keep the public up to date with the GMAC Workforce’s impact.

Information on the site includes updated regional workforce data, career path development information, and a list of resources for career and training opportunities.

The new website is part of GMAC Workforce’s first phase. In early 2016, more functionality, research and content will be added.

Headed by Glen Fenter, the group was created to build a pipeline of highly skilled workers in Memphis and the Mid-South region.

– Daily News staff

Peabody Tops List Of Historic Hotels

The Peabody Memphis has been named Best Historic Hotel in the more than 400 guestrooms category by Historic Hotels of America.

The 2015 Awards of Excellence were announced at a ceremony at the West Baden Springs Hotel at French Lick Resort in West Baden Springs, Ind.

The prestigious Historic Hotels of America Awards of Excellence honor “the most exemplary historic hotels, hoteliers and leadership practices. The awards are presented to historic hotels demonstrating the highest contribution to furthering the celebration of history and demonstrating leadership and innovation.”

There were more than 200 nominees in the 17 award categories.

The Peabody Memphis opened in 1869 on the corner of Main Street and Monroe Avenue. The original hotel was torn down and a new larger Peabody was built on its present location at 149 Union Ave., opening in 1925. Known for its twice-daily duck marches, the Peabody is on the National Register of Historic Places.

– Don Wade

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 393 21,159
MORTGAGES 94 424 24,785
FORECLOSURE NOTICES 0 93 8,703
BUILDING PERMITS 173 1,010 43,347
BANKRUPTCIES 52 292 14,194
BUSINESS LICENSES 15 90 6,491
UTILITY CONNECTIONS 28 167 13,678
MARRIAGE LICENSES 12 89 5,158

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