The Memphis & Shelby County Economic Alliance is working together to roll out a new cluster-based strategy for economic development to help capitalize on our region’s strengths in specific industries. This handy primer provides an overview of industry clusters – both traded and local – and why they are important to a region’s economic prosperity.
What is an industry cluster?
Strong concentrations of related industries in one location are called industry clusters. Industry clusters consist of companies, suppliers, service providers, educational, research and specialized training institutions that support one another. Strong industry clusters in a particular region fuel the regional economy, generate payrolls that can sustain families and create strong innovation. Industry clusters also help position specific regions for uniquely competitive for jobs and private investment.
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Last week, the Greater Memphis Chamber, Memphis Tourism and the University of Memphis invaded the state capital for our annual MEM2NASH legislative visit. Members sat down with Governor Bill Lee to discuss priorities for the year and met with the Shelby County delegation. 
Introducing 
The great-great grandson of an Italian entrepreneur who arrived in Memphis in the mid-1800s, Chris
Memphis’ premier graphics and signage producer expands headquarters 12,000 square feet and acquires local firm Memphis Sign Erectors