published on February 12, 2019 - 12:41 PM
Written by ,

(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.


e-Newsletter Signup

Our weekly poll

Should California ban all forms of advertising for legal cannabis?

Loading ... Loading ...

Central Valley Biz Blogs

Popup
shares

3/5

Article views

remaining

Sign up icon

To continue website access to

TheBusinessJournal.com

please create a FREE account OR login here.

1/5

Article views

remaining

SKIP THE POP-UPS
For only $59 for one 1-year you will receive the Print edition along with EVERYTHING The Business Journal has to offer digitally, PLUS you will have unlimited 24- hour a day access to view articles at

TheBusinessJournal.com

Use Promo Code

*New Subscribers Only

Digital and Print

XX Days Remaining

until you can view 5 more free articles

Sign up icon

Want access? Subscribe now & save $20 OFF.

Use Promo Code

WEBSUB20

* NEW SUBSCRIBERS ONLY