Project Number: 20171101
Pilot Type: Jobs
Status: Approved
Parcel ID: 06907400014Z
County Commission District: 8 | City Council District: 7


PeroxyChem, LLC was awarded a seven-year Jobs PILOT. The project will create 15 net new jobs with an average salary of $56,667 excluding benefits. PeroxyChem will invest $9.6 million at 335 Stiles Drive in North Memphis.
Additionally, PeroxyChem will also invest $2.4 million in non-abated soft costs.

The site is comprised of 100 acres. PeroxyChem will sub-divide a portion of the parcel.

PeroxyChem is a global manufacturer and supplier of hydrogen peroxide, peracetic acid, persulfates, and other technologies. The company employs more than 500 people throughout the world and has facilities in North America, Europe, and Asia. PeroxyChem supplies customized chemistries for electronics, energy, environmental, food safety, paper and polymer. The new production facility will make peracetic acid, a disinfectant used in many bacterial control applications from food and beverage to wastewater treatment.

EDGE Staff projects $788,868 in local total tax revenues to be received during the PILOT term and a $692,253 benefit to PeroxyChem.



Projected New Jobs:


Projected Retained Jobs:

Not applicable

Total Jobs:


Projected Average Payroll of New Jobs:


Projected Average Payroll of Retained Jobs:

Not applicable

Annual New Direct Payroll:


Annual Retained Direct Payroll:

Not applicable

Total Capital Investment:

Real Property Investment:

Personal Property Investment:

Community Reinvestment Credit (CRC):
Not applicable

Capital Investment not in PILOT:

Projected Tax Revenue:


Projected Taxes Abated:

City: $302,515 (75%)
County: $389,738 (75%)

Benefit/Cost Ratio:


Projected MWBE/LOSB Spending:


Incentive Provided:


Compliance Information

Not applicable



Ramp up Period



12/31/2019 (Real)
12/31/2019 (Personal)



Lease Begins

12/31/2019 (Real)
12/31/2019 (Personal)

Lease Expires

12/31/2026 (Real)
12/31/2026 (Personal)


Not applicable

Property Details

Lease Began

12/31/2019 (Real)
12/31/2019 (Personal)

Lease Expires

12/31/2026 (Real)
12/31/2026 (Personal)

PeroxyChem LLC

335 Stiles Drive, Memphis, TN 38127