FedEx filed a $212 million building permit Tuesday for a new package sorting facility and hub in Memphis, MyNorthwest reported.
Read MoreFedEx Invests $1.5 Billion to Expand, Modernize Memphis Hub to Handle E-Commerce
Tag: Bob Rolfe
Tennessee Gives Out $2.4 Million of Taxpayer Money to 59 Counties
Tennessee Republican Gov. Bill Lee and Department of Economic and Community Development Commissioner Bob Rolfe have announced that 59 counties will receive $2.4 million of taxpayer money for various community development initiatives. State officials are disbursing this money through what is known as a ThreeStar grant program. These community…
Read MoreMemphis Regional Megasite Reportedly Three Years Away
The Memphis Regional Megasite, which has already cost Tennessee taxpayers more than $140 million is reportedly three years away from completion, according to The Jackson Sun. Justin Owen, president of The Beacon Center of Tennessee, a Nashville-based free market think tank, previously called the megasite “an empty field of broken…
Read MoreTennessee’s Electrolux Disaster ‘The Worst Such Deal’ in State History, Financial Expert Says
The decision to give away more than $100 million in corporate welfare to lure Electrolux to set up shop in Memphis was so bad it was “the worst such deal in Tennessee history,” according to Bloomberg.com. In an article released this week, the national financial news website held nothing back…
Read MoreVolkswagen Reportedly Demanded Things from Tennessee Officials Before Announcing Chattanooga Electric Car Plant
Tennessee officials reportedly made concessions to Volkswagen to get the company to construct a new electric vehicle plant in Chattanooga, according to The Chattanooga Times Free Press. But, as the paper went on to say, state residents may not yet see a list of those concessions, which are apparently financial.…
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