Vanport, Pa.-based KMA Manufacturing is seeking a local tax incentive to help the steel fabrication and manufacturing company add 25 new jobs and invest $1.8 million in personal property in Memphis.
The company is seeking a four-year tax freeze for the project, which it says will create $432,026 in new tax revenue for Memphis and Shelby County. The company plans on using the capital investment and new employees to expand its Memphis operation to a new facility at 1207 Riverside Blvd.
KMA currently operates a 28,000-square-foot facility at 2270 Channel Ave. and hopes to increase its Memphis employment from 9 to at least 34 with an average annual wage of $39,374.
KMA’s proposal goes before local economic development officials Wednesday for a vote.
Easy-Way Food Stores is closing its Downtown grocery at 80 N. Main at the end of this month.
The store is relocating current product offerings to the James Road at Hollywood location, a decision based partly on the fact that much of the customer base has moved away from the Downtown area, the company said.
The company also said that combining the two stores into a more shopper-friendly, easily accessible location will also allow Easy-Way the opportunity to explore other locations in and around the Memphis area.
Add SunTrust to the list of banks that allow customers the ability to snap photos of checks with their smartphones and deposit them remotely.
SunTrust Banks Inc. recently enhanced its Mobile App with “SunTrust Mobile Deposit” for clients with iPhone or Android devices.
In addition to mobile deposit, other features of the service include next business day funds availability for deposits completed by 9 p.m. ET; mobile deposit history with check images available for review for the past five calendar days; and a “How Mobile Deposit Works” instruction guide.
The Fire Museum of Memphis has opened a new exhibit called “9-1-1 Safety Theatre.”
Sponsored by Shelby County 9-1-1 and housed in the Fire Museum of Memphis at 118 Adams, the exhibit will teach children and adults how to properly call 9-1-1. It’s being housed in what was formerly the museum’s entertainment room, and one wall of the theatre will feature exhibit panels, interactive displays and a kiosk about 9-1-1.
Among the exhibit’s features, children will have an opportunity to call 9-1-1 on a practice phone, and a 70-inch flat-screen monitor will show videos about 9-1-1 and fire safety.
Shelby County Mayor Mark Luttrell and officials from the Greater Memphis Chamber are among the Tennessee Delegation in Japan this week for the annual Southeast U.S./Japan Association meeting there.
Old timers will remember that Memphis hosted the gathering in 1996.
The trade meeting which behind the scenes is also a competition among the southeastern states for leads and a leg up in specific trade deals is part of our story in Wednesday’s paper about last weekend’s Japanese Bon Festival at the Memphis Botanic Garden and a gift of 13 cherry trees to the city of Memphis.
Luttrell and the chamber leaders were in Osaka to meet with executives of Sharp Manufacturing which was not only the first investment by a Japanese company in Shelby County but in the state of Tennessee as well.
Among the gifts presented to the Memphis delegation at Sharp were replicas of the mechanical pencils that were the first product Sharp made 100 years ago.