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Technicolor Videocassette of Michigan, Inc.

Project Number: 20171202
Project Type: Expansion
Parcel ID: 09420000546
County Commission District: 5 | City Council District: 3


Technicolor Videocassette of Michigan, Inc. (Technicolor) was awarded an Expansion PILOT. Technicolor will make up to $14 million in new capital investment. Founded in 1910, Technicolor employs more than 17,000 people worldwide.

Technicolor is making long term plans for its current Memphis operations and is considering alternate locations in Huntsville, AL, La Vergne, TN, and Fayette County, TN. The EDGE Board approved four different scenarios to retain Technicolor in Memphis and Shelby County.

The first scenario would retain all existing Technicolor operations in Memphis. A 15-year Expansion PILOT would retain 916 new jobs averaging $46,085 a year and result in $15 million of capital investment.

Scenarios two and three are both 15-year PILOTs that would retain 702 and 391 jobs, respectively; and result in capital investments ranging from $7 million to $10.7 million.

The fourth scenario is a 10-year PILOT that would retain 158 jobs averaging $44,494 and result in $4.2 million in capital investment.

Depending on the scenario, current operations at up to four properties – 5215 Lamar Ave., 4155 Holmes Road, 4010 Holmes Road, and 4926 Southridge Boulevard – would be affected by Technicolor’s decision; with the Southridge property being the only property included in all four scenarios.

Mandatory local business participation ranges from $754,328 for the fourth scenario to $5.5 million for the first scenario.

The following PILOT highlights details for the first PILOT scenario for Technicolor.



Projected New Jobs:

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Projected Retained Jobs:


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Projected Average Payroll of New Jobs:

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Projected Average Payroll of Retained Jobs:


Annual New Direct/Indirect Payroll:

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Total Capital Investment:

Real Property Investment:

Personal Property Investment:

Community Reinvestment Credit (CRC):

Capital Investment not in PILOT:

Projected Tax Revenue:


Projected Taxes Abated:

City: $15,326,067 (75%)
County: $19,745,025 (75%)

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Projected MWBE/LOSB Spending:


Incentive Provided:


Compliance Information

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Ramp up Period



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Lease Begins

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Lease Expires

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Property Details

Lease Began

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Lease Expires

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Technicolor Videocassette of Michigan, Inc.

5215 Lamar Ave, Memphis, TN 38118