Project Number: 20151103
Pilot Type: Standard/Basic
Status: Approved
Parcel ID: 094200 00480C
County Commission District: 11 | City Council District: 03, 08


Pacific Paper Products, Inc. was awarded a three-year Basic PILOT to enable the company to add 27 net new jobs in addition to its 43 employees currently located in Memphis, Tennessee. The company will invest more than $3.6 million at its facility located at 5300 Hickory Hill Road.

Pacific Paper Products will invest $300,000 in real property improvements and $2,035,000 in personal property improvements at the Hickory Hill facility.

Pacific Paper Products will receive $1,360,800 in Community Reinvestment Credit (CRC) for the expansion into 54,400 additional square feet (5 percent) of the Hickory Hill location, for a total capital investment of $3,695,800.

The average annual salary of the 27 net new jobs will be $27,271.

The project will create $202,279 in new tax revenue for Memphis and Shelby County, and has a benefit to cost ratio of $2.20 in new tax revenue for every $1 of taxes abated.

For over 50 years, Pacific Paper has been manufacturing high quality paper products sold at competitive price levels for the most demanding professional and commercial environments.

The principal business of Pacific Paper is paper products manufacturing. The current business is at capacity, demanding additional equipment and building space. The PILOT will allow Pacific Paper to invest in additional capacity and upgrade its equipment to remain competitive.



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Personal Property Investment:

Community Reinvestment Credit (CRC):
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Capital Investment not in PILOT:

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Projected Taxes Abated:

City: $88,396 (75%)
County: $113,883 (75%)

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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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Pacific Paper

5300 Hickory Hill, Memphis, TN 38141