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FedEx Logistics, Inc. 2
Summary
FedEx Logistics, Inc. received a $10,000,000 grant from the Tennessee FastTrack Economic Development Fund. The Tennessee FastTrack Economic Development Fund provides additional grant support for companies expanding or locating in Tennessee with reimbursable grants made to local industrial development boards. EDGE acted as a conduit for the grant.The grant is to help offset building renovation costs for the proposed Downtown Memphis headquarters space located in the vacant 190,000 square foot Gibson Guitar manufacturing plant.
Financing Amount:
$10,000,000
Projected Total Jobs:
689
Total Investment:
$47,300,000