(AP) – FedEx Logistics is establishing a new headquarters in downtown Memphis, Tennessee, and bringing about 700 jobs along with it.
FedEx Logistics CEO Richard W. Smith and Gov. Bill Lee told a news conference Tuesday that the branch of shipping giant FedEx Corp. is moving into a building formerly occupied by the Gibson Guitar factory.
Smith said about 350 of the 680 jobs will be new positions. Smith said the rest will be workers brought from other locations after operations are consolidated in the new spot just steps from historic Beale Street and across from the FedExForum sports arena.
The Memphis-based company plans to move into the building in April 2020. FedEx Logistics joins AutoZone, ServiceMaster and First Tennessee Bank as large companies with headquarters in downtown Memphis.
Related Posts
-
Fresno Flips the Page: Dolly Parton Library Nears $400K Goal for Kids’ Literacy Posted: December 20, 2024 at 11:30 amFresno County is closing in on its $400,000 goal to
Read more » -
Musk ascends as a political force beyond his wealth by tanking budget deal Posted: December 19, 2024 at 3:20 pmIn the first major flex of his influence since Donald
Read more » -
Farmers, business owners, homeowners face uncertainty after $100B in disaster relief flounders Posted: at 3:18 pm
(AP) — American farmers and small business owners are among
Read more » -
Millions of people may get expanded Social Security benefits. Who are they and how would it happen? Posted: at 3:16 pm
(AP) — Nearly 3 million people could receive a boost
Read more »
Central Valley Biz Blogs
-
From dishwasher to Navy officer: Lt. Jose MendezAmbriz’s journey
Posted: December 17, 2024 at 10:55 am
One of my favorite sections of our weekly newspaper is
Read more » -
BLOG: Tax assessor? Not quite — here’s the real scoop on property taxes in Fresno
Posted: December 16, 2024 at 4:39 pm
In this festive season, as I gather with friends and
Read more »
