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JM Smucker LLC 2

Project Number: 20190401
Pilot Type: Jobs
Status: Approved
Parcel ID: 074032 00038
County Commission District: 11 | City Council District: 03, 09


J.M. Smucker, LLC was awarded a six-year Jobs PILOT to encourage the company to create 25 Net New Jobs and invest $8,880,000 in the City of Memphis at 4740 Burbank Road.

JM Smucker has been evaluating options for production of Jif Creamy Clusters (granola snacks with peanut butter centers), renovation of facilities to accommodate this production, and installation of related manufacturing and packaging equipment.

Founded in 1897 and headquartered in Orrville, Ohio, The J.M. Smucker Company is a publicly traded manufacturer of consumer food products including Jif Peanut Butter, Folgers Coffee, Crisco Vegetable Oil, and Uncrustables Sandwiches. The company operates 30 locations across North America and employs more than 7,000 people.

In 2012, the company was scheduled to close its Memphis facility. With the help of the PILOT program, the company instead invested $102,000,000 into its Memphis facilities and now has 139 employees making Jif and other peanut butter related products.

According to the terms of the PILOT, JM Smucker will hire 25 new employees with an average base salary of $43,244 excluding benefits.

EDGE Staff projects $1,462,267 in local total tax revenues to be received during the PILOT term and a $739,855 benefit to JM Smucker.



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Projected Taxes Abated:

City: $323,317 (75%)
County: $416,538 (75%)

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Compliance Information

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Lease Begins

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Property Details

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JM Smucker LLC 2

4740 Burbank Road, Memphis, TN 38118