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JNJ Logistics, Inc.

Summary

JNJ Logistics, Inc. received a $1,220,000 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 part of an incentive package that will assist the company in building a new distribution facility at 5000 American Way in Memphis, TN. The project will create and retain 512 net new jobs with an average base salary of $65,410 excluding benefits. JNJ will invest a total of $20.5 million in the facility.

JNJ Logistics is a transportation provider founded in Memphis in 1992. Today, the company provides brokerage services, shuttling and just-in-time delivery services in 48 states. They operate terminals in Georgia and Florida and are pursuing locations west of the Mississippi. JNJ Logistics operates a fleet of more than 450 trucks on the road serving customers such as FedEx, Amazon, UPS, Walmart, PepsiCo, Nestle, Frito Lay, Dillards, Bed Bath & Beyond, and McKesson.

Financing Amount:

$1,220,000

Projected Total Jobs:

512

Total Investment:

$20,575,000

Approved

7/1/2018

JNJ Logistics, Inc.

5000 American Way, Memphis, TN 38115