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UPDATE: FedEx Logistics wants a $2 million grant from taxpayers to move its headquarters Downtown.
Moments after the official email about the FedEx Logistics project went out, another email from the Memphis and Shelby County Economic Development Growth Engine (EDGE) went out calling for a special meeting on Wednesday.
The agenda for that meeting includes the grant request from FedEx Logistics for the $2 million in free money. That money would be used to "tenant improvements to the building which are permanent in nature."
The application also reveals that the project will create 339 new jobs, not the 689 new jobs given in the state's news release. The new headquarters would bring 332 existing jobs to the site for a total of 662, acceding to FedEx's application to EDGE for the free money.
The multinational corporation made a profit of more than $1 billion in fiscal 2018. It said it needed taxpayer money to fix the building because of the "high costs for retrofitting the space for office use."
FedEx Logistics will move its headquarters Downtown to the Gibson Guitar Factory building in a move expected to cost $44 million and create 689 jobs.
Gibson announced in December that the company would move production from the Memphis location to its Nashville factory. The company said it would be out of the building by April.
FedEx announced the move Tuesday morning in an event that included a host of elected officials, including Tennessee Governor Bill Lee.
“With FedEx Logistics creating more than 680 jobs, and investing more than $44 million in Shelby County, they are once again showing that Tennessee is a great place to do business,” Lee said. “FedEx and its subsidiaries have been a true Tennessee success story, and we as a state are proud to see this company continue to grow and call Tennessee home.”
FedEx Logistics is now based in East Memphis. The FedEx subsidiary's president and CEO is Richard W. Smith, who is also chairman of the Greater Memphis Chamber. The company has about 22,000 employees worldwide.
FedEx Logistics "provides worldwide freight forwarding services" that "integrates international freight forwarding, customs brokerage, trade and customs advisory services, and other cross-border service to create comprehensive solutions to international trade."
“This campus will provide a collaborative environment for our team members and a true home for this growing FedEx company as we continue to attract top talent for the future," Smith said. "I can’t imagine a better place to work and be a part of than the vibrant, thriving Downtown Memphis business community.”
Smith said "this is a moment of dynamic growth and transformation for Memphis and FedEx. Memphis Mayor Jim Strickland said the importance of FedEx to Memphis "cannot be overstated.”
"With this move, we’re bringing life back to the Gibson Guitar Factory with one of the strongest brands in the world and continuing to bring more jobs and people to our Downtown," he said. Continue Reading
the past, home owners are restricted to some limited options when they are in
search of the best alternatives for natural grass to be installed in their San
Diego homes. Artificial grass and huge rock garden are the best options you can
consider to be installed in your homes and office.
year's back just one variety of artificial grass is available which looks
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varieties available when it comes to installing artificial lawns with real and
natural feel. This is motivating many people in San Diego to use artificial turf
instead of real grass.
Artificial turf fields are on their way to Petaluma, CA. Three artificial turf fields are scheduled to be installed at a Petaluma park. Artificial turf fields will also be installed later at two high schools who are following suit.
Parents have expressed their concerns however concerning risk of bacterial infections, heat conduction, the effects of crumb rubber, and increased risk of physical injuries to players.
A high school in Keizer, OR, is beginning to raise money for a new sports field to be installed with synthetic turf. The high school, McNary High School, says if it raises $1 million, they'll be able to get rid of their irregular and inconvenient natural grass field which has patches of dead grass scattered across its face and replace it with synthetic turf, which will save the school district money and increase usability. The school hopes to start converting their current fields to synthetic turf this summer and to have it completed by the next school year.
Calculate installation costs online! Synthetic lawn vs. natural turf maintenance, initial installation prices, labor and landscape services costs, gallons of water you use every year. Start now and save!
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Looks more realistic than many of its competitors and can handle up to heavy levels of foot traffic with resilient qualities that make it perfect for pet areas, recreation areas and meticulously designed landscapes.
Olive-51 is the most economical answer to all your landscape problems. Designed to handle up to medium levels of foot traffic, this durable turf is the top choice for landscapes - including ones designated for pet use.
With the Pet Turf, you dont have to worry about dirty and muddy paws on your kitchen floors. Installed artificial grass keeps the danger of ticks, fleas, and other pests down. It is known that some pesticides and fertilizers can cause some serious sicknesses in animals.
Utilizing the latest technology to create the ultimate in artificial grass luxury and comfort, Double S-72 is outstanding for a surprisingly comfortable synthetic grass product that feels great when you kick your shoes off.
Bright emerald green and olive green blade colors combined with curled brown and green thatching perfectly complement the natural beauty of fresh grass.
Fashionable and versatile, perfectly suited to be the star of any outdoor event and the finishing touch that completes your home's meticulously designed yard.
Suited for high traffic play and recreation areas, as well as lower traffic commercial and residential landscapes & pets areas. Provides a soft yet resilient cushion of turf safe enough for children to play on while maintaining top of the line durability standards.
Ideal for hot climates and extreme weather, pet areas, playgrounds, landscapes. Unique W Blade technology diffuses light and heat creating a turf that is 15 degrees cooler than its competition.
Global Syn-Turf, Inc. is a leading manufacturer and wholesaler of high-quality artificial grass in the United States and Canada. The company offers an extensive selection of products for commercial and residential landscapes, playgrounds, sports athletic fields, municipalities, golf putting greens and pet areas. Global Syn-Turf, Inc. provides innovative, environmentally friendly synthetic turf systems which require little maintenance, no water, pesticides, or fertilizers through multiple company-owned distribution centers across the United States. The state-of-the-art artificial grass offers realism, drainage, performance, safety, and durability. Global Syn-Turf is the exclusive artificial grass partner of San Francisco 49ers.
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