News for Economic
Friday, February 14, 2025
The MVP3 Foundation hosted its annual Men of Excellence Awards and John Amos Student Grant ceremony, recognizing fathers and sons who serve as role models for youth. The 2025 awardees included Bishop Edward H. Stephens Jr., Eron J. Stephens, Walter Bailey Jr., Taurus Bailey, Councilman Edmund Ford Sr., and Commissioner Edmund Ford Jr. Joseph Casey received the John Amos Student Grant, which ...read more
Categories: Community, Human Interest, Economic, Press Release, General News Article
Friday, February 14, 2025
Leadership Collierville Plans 30th Anniversary Celebration for April 2025
Collierville, TN—On Saturday, April 26, from 6:30 PM to 10:00 PM at Ridgeway Country Club, 9800 Poplar Ave, Germantown, TN 38139, Leadership Collierville will host a Derby Party to celebrate the organization’s 30th anniversary and honor the 2025 graduating class. In addition, this year’s H.R. Houston Community Leadership ...read more
Categories: Chamber, Community, Economic, Education, Fun Facts, General News Article, Human Interest, Papers/Research, Press Release
Wednesday, February 12, 2025
JUNIOR ACHIEVEMENT ANNOUNCES NEW BOARD MEMBER
Junior Achievement of Memphis and the Mid-South recently named business and community leader Mike Humes to the nonprofit’s board of directors.
Born in Fredericton, New Brunswick, Humes holds a business and economics degree from St. Thomas University and a Master's in Sports Administration from Concordia University. With more than 25 years of ...read more
Categories: Chamber, Community, Economic, Education, Fun Facts, General News Article, Human Interest, Papers/Research, Press Release
Wednesday, February 12, 2025
INTUNITY HOMES RECEIVES THDA CAPACITY BUILDING GRANT
Intunity Homes recently received a capacity building grant from the Tennessee Housing Development Agency (THDA). This grant will support strategic planning and growth for the West Tennessee-based nonprofit focused on providing affordable housing for persons with disabilities and older adults.
“We’re so grateful for our partnership with ...read more
Categories: Chamber, Community, Economic, Education, Fun Facts, General News Article, Human Interest, Papers/Research, Press Release
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Thursday, February 06, 2025
HI-SPEED INDUSTRIAL SERVICE ADDS TWO NEW LEADERSHIP TEAM MEMBERS
Hi-Speed Industrial Service, an industry leader dedicated to keeping clients up and running via superior repair and sales of top-notch electro-mechanical equipment, recently added two new professionals to its leadership team:
Rick Halsted joined Hi-Speed as the Director of Sales. In this role, he provides leadership and support ...read more
Categories: Community, Chamber, Economic, Fun Facts, Human Interest, Press Release, Education, General News Article, Papers/Research
Thursday, February 06, 2025
Hollywood Feed University Presents Online Course on Understanding & Managing Periodontal Disease in Pets
Hollywood Feed recently hosted a free virtual class, entitled “Understanding & Managing Periodontal Disease in Pets” taught by veterinarian Dr. Barden Greenfield. This course was part of Hollywood Feed’s free pet wellness education resource known as Hollywood Feed University.
Dr. Greenfield's ...read more
Categories: Community, Education, General News Article, Papers/Research, Chamber, Economic, Fun Facts, Human Interest, Press Release
Thursday, February 06, 2025
Brad Federman, a globally recognized thought leader in organizational culture, has been named a Top 30 Global Guru in Organizational Culture by Global Gurus, a prestigious platform that ranks the most influential voices shaping workplaces worldwide.
"This recognition is both humbling and inspiring," said Federman. "Culture isn’t just a corporate initiative—it’s the heartbeat of every thriving ...read more
Categories: Community, Economic, General News Article
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Wednesday, February 05, 2025
ELIZABETH AMODEO JOINS MARX-BENSDORF, REALTORS®
Marx-Bensdorf, REALTORS® recently welcomed the addition of experienced REALTOR® Elizabeth Amodeo. In addition to her years of expertise in real estate, Elizabeth has an extensive media background which translates into exceptional marketing skills that benefit her clients.
Elizabeth earned her undergraduate degree, a Bachelor of Science in ...read more
Categories: Community, Education, General News Article, Papers/Research, Chamber, Economic, Fun Facts, Human Interest, Press Release
Wednesday, January 29, 2025
EXPANSION CONTINUES FOR HOLLYWOOD FEED WITH NEW SOUTH CAROLINA LOCATION
After recently announcing several a major store expansion in Charleston and a new store in Summerville, Hollywood Feed today announced the site of its next location at 2926-2940 Whiskey Road, Aiken, SC 29803. The healthy and holistic pet food and supply retailer’s new location, set to open in 2025, will be approximately 4,200 ...read more
Categories: Chamber, Economic, Fun Facts, Human Interest, Press Release, General News Article, Papers/Research, Community, Education
Monday, January 27, 2025
MARX-BENSDORF, REALTORS® RECOGNIZED BY TNECD FOR DOING BUSINESS IN TN FOR 100+ YEARSMarx-Bensdorf, REALTORS®, the oldest real estate firm in Memphis, was recently recognized by Tennessee's Department of Economic and Community Development (TNECD) as part of the State's effort to highlight businesses that have been in operation for 100 years or more in the Volunteer State.
Last year, Tennessee ...read more
Categories: Chamber, Community, Economic, Education, Fun Facts, General News Article, Human Interest, Papers/Research, Press Release
Thursday, January 23, 2025
FOR IMMEDIATE RELEASE
Companies in Need of Employees Can Now Use Agreements, Not Contracts, and an Array of Applicants
Memphis, TN – 1/23/2025 – A-One Staffing, a leading provider of talent solutions, today announced the launch of a new service that allows companies to hire employees without using traditional contracts.
The new service, called "Agreements, Not Contracts," gives ...read more
Categories: Chamber, Community, Economic, Press Release, Human Interest
Wednesday, January 22, 2025
Rumble Boxingis proud to join Entrepreneur Media's Franchise 500® List at number 492! We owe this accomplishment to our incredibly hard-working and devoted franchise owners, studio teams, corporate team, and vendor partners.The Franchise 500® list is regarded as a premier benchmark in the franchise industry, assessing brands based on its 46-year-old rigorous evaluation criteria. These include ...read more
Categories: Economic, Press Release, Chamber, General News Article
Wednesday, January 22, 2025
INTUNITY HOMES ANNOUNCES EXECUTIVE DIRECTOR
(Memphis, TN) – Intunity Homes, a nonprofit dedicated to providing low-income housing for the disabled, recently named Earle Schwarz as the organization’s full-time executive director.
A founding board member of Intunity, Schwarz is an attorney by trade. He has practiced with the law firms of Waring Cox, PLC and Glankler Brown, PLLC in addition to ...read more
Categories: Chamber, Community, Economic, Education, Fun Facts, General News Article, Human Interest, Papers/Research, Press Release
Wednesday, January 22, 2025
FAMILIES MATTER ADDS NEW TEAM MEMBERS
(Memphis, TN) - Families Matter recently welcomed the addition of four new team members who have joined the local nonprofit in the following roles:
Joi Hibbler has joined Families Matter as Fatherhood Strengthening SpecialistLawrence Johnson has joined Families Matter as Community Resource Compliance ManagerEric Thompson has joined Families Matter as ...read more
Categories: Chamber, Economic, Fun Facts, Human Interest, Papers/Research, Press Release, Community, Education, General News Article
Wednesday, January 22, 2025
REED FAMILY DENTISTRY CELEBRATES 75 YEARS
Reed Family Dentistry, a third-generation family-owned dental practice, recently celebrated 75 years of treating people, not just teeth. To mark the occasion, the community joined in an open house celebration at Reed Family Dentistry’s Millington Office located at 8020 Highway 51 North in Millington, Tennessee.
“Our 75th anniversary celebration was a ...read more
Categories: Community, Education, General News Article, Papers/Research, Chamber, Economic, Fun Facts, Human Interest, Press Release
Wednesday, January 22, 2025
HOLLYWOOD FEED CONTINUES STORE EXPANSION TREND BY NEARLY DOUBLING SIZE OF TEXAS AND TENNESSEE LOCATIONS
After recently unveiling sizeable expansions at stores in Memphis, TN and Charleston, SC, healthy and holistic pet food and supply retailer Hollywood Feed today announced significant expansions at locations in Colleyville, TX and Nashville, TN.
Hollywood Feed’s Lion’s Head store, located ...read more
Categories: Chamber, Community, Economic, Education, Fun Facts, General News Article, Human Interest, Papers/Research, Press Release
Wednesday, November 29, 2023
The latest rating puts Ring among the top 1% of all companies assessedMEMPHIS, Tennessee, November 29, 2023 – Ring Container Technologies, a leader in the plastic container manufacturing industry, today announced that the company received a platinum medal sustainability rating from EcoVadis, the leading platform for environmental, social, and ethical performance ratings for global supply chains. ...read more
Categories: Economic, General News Article, Press Release
Tuesday, November 08, 2022
MEMPHIS, Tennessee, November 8, 2022 – International Paper (NYSE: IP) today announced OHMEGA® Conductive Ink + Touchcode™, its latest technology that provides a new dimension to brand protection in the packaging industry.
The benefits of OHMEGA® Conductive Ink + Touchcode™ include the quick and easy activation through the end user’s phone’s browser, without the need for a camera or separate app; ...read more
Categories: Economic, Press Release, General News Article
Thursday, May 13, 2021
Memphis-based agtech leader now working with all three peanut shelling plants opened in last seven years MEMPHIS, Tennessee, May 13, 2021 – The Seam, a leading provider of food and agribusiness software and commodity trading solutions, today announced that Coastal Growers and Tifton Peanut Company have entered into multi-year agreements for its cloud-based, peanut management platform. Owned by a ...read more
Categories: Economic, General News Article, Press Release
FFAR Funds Novel Supply-Demand Technology, Connecting Institutional Buyers to Specialty Crop Farmers
Thursday, February 04, 2021
MEMPHIS, Tennessee, February 4, 2021 – With many institutional food buyers, such as universities, restaurants, and hotels, remaining closed or partially open in response to the coronavirus pandemic, the nation’s food supply chain is still adapting to lower demand. As a result, small and mid-size farmers, especially specialty crop farmers, are struggling to expand their market opportunities. The ...read more
Categories: Community, General News Article, Economic, Press Release
Wednesday, September 16, 2020
Memphis, Tenn., September 16, 2020 – Paragon Bank (OTCBB: PGNN.OB) today announced that its Outlook 2020 Memphis Economic Study will be available for download on Thursday, September 17. The survey will offer insights into local consumer confidence, how it has changed within the past year, and how the COVID-19 pandemic affects those sentiments.
“We knew that with the unprecedented challenges we ...read more
Categories: Press Release, Economic
Wednesday, May 06, 2020
Food Industry Exchange sponsored by FMI powered by The Seam launchesMEMPHIS, Tenn., May 6, 2020 – FMI—The Food Industry Association and The Seam, a leading provider of commodities trading and agriculture software solutions, today announced the launch of the Food Industry Exchange sponsored by FMI powered by The Seam. The sustainable marketplace was created to immediately address the urgent needs ...read more
Categories: Press Release, General News Article, Economic
Wednesday, March 04, 2020
MEMPHIS, Tenn., March 4, 2020 – Paragon Bank (OTCBB: PGNN.OB) today announced its 2019 financial earnings, reporting record net income before taxes at $4.3 million. During 2019, the core bank of Paragon, excluding its SBA-related units (Small Business Capital Group and Specialty Lending), had record revenue and record pre-tax income. Pre-tax income for the core bank increased 61%, to $4.4 million, ...read more
Categories: Economic, Press Release
Tuesday, September 24, 2019
MEMPHIS, Tenn., September 24, 2019 – Grace Medical, a leader in ear nose and throat surgical devices with a focus on otology, today announced it has acquired EndoEar Endoscopic Instruments, which feature simultaneous suction and dissection, along with varied geometries, to access and remove hard-to-reach disease in the middle ear. This acquisition solidifies Grace Medical’s position as the global ...read more
Categories: Economic, Press Release, General News Article
Tuesday, August 13, 2019
MEMPHIS, Tenn., August 13, 2019 – Paragon Bank (OTCBB: PGNN.OB) today announced its 2019 second quarter financial earnings, with a net income of $696,000, which was approximately 11% over the first quarter of 2019. Through the first six months of 2019, net income was $1.3 million, which was the most profitable first half of the year in Paragon history.
“We are proud to report a solid first half ...read more
Categories: Economic, Press Release
Friday, June 07, 2019
MEMPHIS, Tenn., June 7, 2019 – Paragon Bank (OTCBB: PGNN.OB) today announced its 2019 first quarter financial earnings, reporting a net income of approximately $627,000, an increase of $140,500 or 29%, over the first quarter of 2018.
"We are proud to share another solid financial report for the first quarter of the year," said Robert Shaw, Chief Executive Officer at Paragon Bank. "Our growing ...read more
Categories: General News Article, Press Release, Economic
Tuesday, March 26, 2019
MEMPHIS, Tenn., March 26, 2019 – Fullen Dock and Warehouse, a full-service river terminal located at mile marker 740 of the Mississippi River, today announced that it has been designated as a Foreign-Trade Zone (FTZ). FTZs are secure areas under U.S. Customs and Border Protection (CBP) supervision that are generally considered outside CBP territory upon activation.
"An FTZ designation provides a ...read more
Categories: General News Article, Economic, Press Release
Tuesday, March 05, 2019
MEMPHIS, Tenn., March 5, 2019 – Paragon Bank (OTCBB: PGNN.OB) today announced its 2018 fourth quarter financial earnings, reporting record revenue, pre-tax income and net operating income. At December 31, 2018, Paragon had a net income of $1.2 million, an increase of $914,000 or 329 percent over the fourth quarter of 2017. Net income for 2018 increased 49 percent over 2017, primarily due to ...read more
Categories: Community, Press Release, Economic
Friday, November 17, 2017
MEMPHIS, Tenn., November 17, 2017 – Paragon Bank (OTCBB: PGNN.OB) today announced another strong quarter with near-record revenue, increasing $128,000 over the second quarter of 2017 to $4.7 million. For the Small Business Administration's fiscal year ending September 30, 2017, Paragon was the largest SBA lender headquartered in the Memphis Metropolitan Statistical Area.
"We are proud of the ...read more
Categories: Economic, General News Article, Press Release
Wednesday, November 01, 2017
Memphis, Tenn., November 1, 2017 – Eclectic Eye, a Memphis destination for optometry services and stylish eyewear needs, today announced a special anniversary sale in celebration of 15 successful years in business.
Since opening the store in the heart of Midtown, Memphis, Eclectic Eye has pioneered the local optometry provider model and truly defined how small businesses contribute to the ...read more
Categories: Chamber, Community, Economic, Fun Facts, General News Article, Human Interest, Press Release
Tuesday, August 22, 2017
MEMPHIS, Tenn., August 22, 2017 – Paragon Bank (OTCBB: PGNN.OB) today announced its 2017 second quarter financial earnings, reporting a net income increase of 15 percent over the second quarter of 2016. During the first six months of 2017, net income increased 33 percent compared to the first six months of 2016. Net interest income for the second quarter of 2017 was a record $3.5 million, which ...read more
Categories: Economic, Press Release, General News Article
Monday, July 31, 2017
MEMPHIS, Tenn., July 31, 2017 – Paragon Bank (OTCBB: PGNN.OB) has hired Sean Waybright as Vice President and Business Development Officer. Waybright reports to Charles Yorke, President of the Paragon Bank Small Business Capital Group, and is based in the group’s Denver office.
“With his commitment to the industry and desire to expand the small business community, Sean was an instant asset to the ...read more
Categories: Chamber, Community, Economic, General News Article, Press Release
Thursday, March 16, 2017
MEMPHIS, Tenn., March 16, 2017 – The Seam, a commodities trading and agribusiness software provider, today announced it is expanding operations in the Memphis area and will move to 3400 Players Club Parkway, part of the Southwind Office Plaza. The transition comes after the company’s announcement in January that it is working with IBM and cotton industry leaders to create a blockchain-based ...read more
Categories: Chamber, Economic, General News Article, Press Release
