Memphis, Tennessee
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Memphis is a city in Shelby County, Tennessee, of which it is the county seat. As of 2005, the city of Memphis had a population of 680,768, making it the largest city in the state of Tennessee and the 17th largest in the United States. The greater Memphis metropolitan area had a population of 1,230,303. This makes Memphis the second largest metropolitan area in Tennessee, surpassed only by metropolitan Nashville. Memphis is on the Lower Chickasaw Bluff above the Mississippi River, at the mouth of the Wolf River.
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The local economy
Memphis is ideally located for commerce among the transportation and shipping industry. The city is home to the world's busiest cargo airport, which serves as the primary hub for FedEx shipping. Due to its location, more major metro areas can be reached overnight from Memphis than any other city in the central U.S. Memphis has developed as a major manufacturing center of textiles, heating equipment, pianos, automobiles and truck parts. Memphis Light, Gas and Water ("MLG&W") is also one of the largest municipal utilities in the United States.
Memphis is home to a growing number of nationally and internationally known corporations, including approximately 150 businesses from 22 countries. This includes the corporate headquarters of two major Fortune 500 companies: FedEx Corporation and AutoZone Incorporated. Other corporations with a major presence in the area include Back Yard Burgers, Belz Enterprises, Buckeye Technologies, First Tennessee Bank, Guardsmark, Hohenberg Bros. Co., Harrah's, Hilton, ServiceMaster, and Morgan Keegan & Company, Inc. Northwest Airlines also operates a major hub at Memphis International Airport, with daily nonstop flights to Amsterdam.
The entertainment and film industry has recently developed a Memphis reputation. Several major motion pictures have been filmed here, including Mystery Train (1989), Great Balls of Fire! (1989), The Firm (1993), A Family Thing (1996), The People vs. Larry Flynt (1996), The Rainmaker (1997), Cast Away (2000), The Queens of Comedy(2001),21 Grams (2003), Hustle & Flow (2005), Walk the Line (2005), Forty Shades Of Blue (2005), and Black Snake Moan (2007).
The city appeared in the top eight of the 50 best major metro areas in the U.S. for starting and growing a business in 2000, according to Inc. magazine. Southern Business and Development magazine ranked Memphis as one of the most successful models for economic development in the south, also recognized the city as one of the top ten markets over the past decade. In October 2002, Ebony Magazine has cited Memphis as a city for its outstanding African-American leadership. Memphis also had the highest rate of high technology start-up operations over the last three years among the nation’s 60 largest metro areas, according to Brandow Company research.
Source - Wikipedia: Memphis, Tennessee
Recent Memphis Business News
Links to recent headlines via Topix.net
- Top Arizona Company Expands Into New Mexico
- Phoenix, Arizona May 26, 2012 - Well-respected Arizona air conditioning and heating company Chas Roberts has expanded its services to homebuilders and homeowners in the Albuquerque and Santa Fe areas.
- Fueling Up
- If the political ads along these lines haven't already started by the time this story is printed, don't worry.
- MBGH Announces Conference Speakers
- Monday, May. 28, 2012 Friday, May. 25, 2012 Thursday, May. 24, 2012 Wednesday, May.
- New Family Dollar Site Sells for $1.3 Million
- New Jersey-based Four Springs Capital LLC , working under the name FSC FD Memphis, TN LLC , has bought a Family Dollar site at 2920 Lamar Ave .
- Mahaffey Tent has Local Events, Businesses Covered
- Mahaffey Tent & Party Rentals is one of only two Memphis companies recently named to the 2012 Inner City 100, a list of the fastest-growing inner city companies in the United States.
- Crime Report: Memphis police charge man with stalking on Mud Island
- A 35-year-old man accused of jumping out of bushes at a park on Mud Island on Thursday and frightening two female joggers is facing a felony charge.
- Three injured in late night fire
- Collierville Police say three men and a female accomplice held hostage 14 customers and five employees inside a Walgreens store during an attempted robbery Monday night.
- Andy's Restaurant Scorecard: 2nd Annual Best Chili Cook-Off Champion
- The Concerned Citizens of Southaven, Mississippi came to the defense of Mayor Greg Davis for a Las Vegas trip he took for business while under investigation by the state for The Concerned Citizens of Southaven, Mississippi came to the defense of Mayor Greg Davis for a Las Vegas trip he took for business while under investigation by the state for ... (more)
See also
External links
- Official website
- Memphis business Chamber of Commerce
