Greater Memphis Chamber

Greater Memphis Chamber Wins Prestigious 2025 CiCi Award for AAON Project

by

MEMPHIS, TN – The Greater Memphis Chamber is proud to announce it has been recognized with a prestigious 2025 Community Impact (CiCi) Award for successfully recruiting AAON, Inc. to Memphis. This national recognition highlights the significant economic and community benefits of AAON’s investment in the region.

AAON’s new 787,000-square-foot Memphis facility will produce advanced thermal management equipment under the BASX brand, including air-cooled systems, computer room air handlers (CRAHs), direct evaporative coolers, and liquid cooling distribution units. These critical systems will support multibillion-dollar data centers and AI-driven facilities across the country, including xAI’s operations in Memphis.

“This recognition underscores Memphis’ growing reputation as the Digital Delta,” said Ted Townsend, President & CEO of the Greater Memphis Chamber. “AAON’s decision to establish operations in Memphis not only creates hundreds of high-quality jobs but also strengthens our position in the technology supply chain, particularly as we support the expanding AI infrastructure in our region.”

“AAON is honored to be named as a 2025 Community Impact Award recipient by Trade & Industry Development,” said Matt Shaub, AAON Executive VP & General Manager, BASX Business Unit. “We aim to make a real and lasting difference in Memphis through our focus on workforce readiness, strong families and communities, and environmental responsibility. Memphis is a hub for economic growth and opportunity, and we value its passion for community and creative spirit. We’re thrilled to bring new jobs and investment to the region where we aspire to be a magnet for top talent as our new manufacturing facility ramps up and accomplishes goals.”

The project will generate substantial economic activity in Shelby County while breathing new life into a historic building. AAON’s commitment includes creating 825+ new jobs, providing diverse employment opportunities for families across the region.

The project was made possible through collaborative efforts between multiple economic development partners. Tennessee Valley Authority offered a performance training grant, Tennessee Department of Economic and Community Development (TNECD) awarded AAON an economic development grant through the department’s FastTrack funding, and the City of Memphis awarded a 15-year PILOT program grant.

The CiCi Awards, which recognize outstanding Community Impact in economic development, place Memphis alongside other major economic development victories across the nation. This achievement follows the Chamber’s 2024 Bronze Deal of the Year Award from Business Facilities magazine for successfully attracting xAI’s Gigafactory of Compute to Memphis.

For more information about the Greater Memphis Chamber’s economic development initiatives, please visit www.memphischamber.com.

About The Greater Memphis Chamber 

One of Memphis’ oldest institutions, dating back to 1838, the Greater Memphis Chamber is a privately funded nonprofit that serves as the region’s lead economic development organization and the “Voice of Memphis Business” on local, state, and national issues. The Chamber’s mission is to drive the Memphis business agenda for Greater Memphis. We do this by relentlessly pursuing prosperity for all — through economic and workforce development, pro-growth advocacy, and by providing support and resources to its investors, which include many of the region’s largest employers.  

Greater Memphis Chamber Announces Soft Opening of First ChamberCare Health Center

by

Innovative healthcare solution launches at Fogelman YMCA location, making Memphis healthier and companies stronger through affordable, accessible primary care

MEMPHIS, TN – Chamber Benefits Inc. – a wholly owned subsidiary of the Greater Memphis Chamber – announces, in partnership with the YMCA of Memphis and the Mid-South, the soft opening of the first ChamberCare Health Center at the Fogelman YMCA location. This marks the initial phase of an innovative healthcare solution designed to address the critical need for accessible, affordable primary care across the Memphis region. Additionally, in partnership with WeCare tlc, a national leader in collaborative workplace wellness, ChamberCare will provide advanced primary care services to businesses that would like to offer health benefits to their employees but can’t afford health insurance.

The Fogelman YMCA Downtown is the first of many planned health centers that will be strategically positioned throughout the Greater Memphis Area to ensure community-wide access to care. This initial location will begin serving ChamberCare members immediately, with additional centers to be opened in phases.

ChamberCare directly addresses one of Memphis’s most pressing challenges: Less than 40% of Memphis residents have health insurance, creating both a public health and an economic development obstacle. The initiative will particularly benefit small businesses, which makeup over 80% of the Memphis business community and often struggle to provide healthcare benefits.

“ChamberCare represents our commitment to relentlessly pursuing prosperity for all,” said Ted Townsend, President and CEO of the Greater Memphis Chamber. “If we don’t have a healthy workforce, emerging and expanding companies won’t establish a presence in Memphis. This innovative model allows businesses of all sizes to offer high-quality healthcare, helping them attract and retain talent while improving community health outcomes. Starting with our Fogelman YMCA location, ChamberCare is taking the first step toward transforming Memphis into a healthier city and making our business community stronger.”

The patient-centered care model offers unlimited access to physician-led primary care with same-day or next-day appointments, comprehensive preventive services, chronic condition management, and virtual care options. For just $40 per month, employees and their families can access these services, with minimal additional costs limited to lab fees and low-cost generic prescriptions.

“The population health approach of ChamberCare addresses a critical gap for those who can least afford healthcare,” said Ted Ferris, SVP and Chief Administrative Officer at the Greater Memphis Chamber. “About 95 percent of the care insured people receive is for primary care services like colds, flu, UTIs, and sinus infections.”

The initiative is projected to save participating companies at least 20% on their overall healthcare expenditures. Every $1 invested in primary care yields a return of $13 in downstream cost savings, which can be reinvested back into member companies.

At WeCare tlc, we believe quality healthcare should be accessible to all, and this partnership with the Greater Memphis Chamber and the YMCA of Memphis & the Mid-South is a key step toward making that vision a reality in the Memphis area,” said Raegan Garber Le Douaron, President and CEO of WeCare tlc. “ChamberCare will empower businesses of all sizes to offer affordable, comprehensive primary care, improving health outcomes while strengthening the local workforce and economy. We are excited to collaborate on this initiative and look forward to making a lasting impact on the community.”

The Chamber developed this collaborative model by partnering with large and mid-size companies interested in sponsoring centers for their employees and families, creating a pathway for small businesses to access quality, affordable healthcare solutions.

For more information about ChamberCare or to learn how your business can participate, contact Ted Ferris, SVP and Chief Administrative Officer at the Greater Memphis Chamber, and Raegan Garber Le Douaron, President and CEO of WeCare tlc.

About The Greater Memphis Chamber 

One of Memphis’ oldest institutions, dating back to 1838, the Greater Memphis Chamber is a privately funded nonprofit that serves as the region’s lead economic development organization and the “Voice of Memphis Business” on local, state, and national issues. The Chamber’s mission is to drive the Memphis business agenda for Greater Memphis. We do this by relentlessly pursuing prosperity for all — through economic and workforce development, pro-growth advocacy, and by providing support and resources to its investors, which include many of the region’s largest employers.  

About the YMCA of Memphis & the Mid-South 

The YMCA of Memphis & the Mid-South is one of the area’s largest nonprofits focused on engaging individuals and families in youth development, healthy living and social responsibility. With 11 full-service facilities and 100+ program sites, the YMCA of Memphis & the Mid-South spans from the Greater Memphis area to include Jackson, Trenton, and Milan in West Tennessee, down to DeSoto County and Oxford in MS. The Y is dedicated to helping people achieve goals, make friends, and find a true sense of belonging. Centers offer quality time for families to be together, resources for parents, and a variety of opportunities for seniors to be active. The YMCA ensures these opportunities are available to everyone no matter their ability to pay with generous support from community partners and donors. For more information about the Y, visit ymcamemphis.org

About WeCare tlc

WeCare tlc is a leader in onsite and near-site advanced primary care healthcare centers for employers. The company is on a mission to change how healthcare is delivered in the United States by disrupting the care delivery model. Its health centers are available to individual employers or can be created through a cooperative effort of multiple companies. Healthcare services include primary care, chronic care management, laboratory testing, medication dispensing, and negotiation for outpatient procedures. WeCare tlc has developed systems that streamline claims data, which is coupled with health center data to clarify how healthcare dollars are spent. The company has adopted best practices to mitigate medical risks. WeCare tlc has saved clients more than $420 million in claim costs, reduced healthcare costs by 20 percent, and reduced urgent care visits by 50 percent. The company was founded in 2005 in Lake Mary, Fla., and now has more than 200 employees nationwide. For more information, visit https://www.wecaretlc.com or call us at 1-800-941-0644.

Greater Memphis Chamber Launches Groundbreaking Regional Site Search Tool

by

MEMPHIS, TN – The Greater Memphis Chamber today announced the addition of a Regional Site Search Tool to its MEMready program, providing a critical resource to companies and site selection consultants considering locating in the Digital Delta. This marks the first time the Greater Memphis region has offered such a comprehensive resource, positioning the area to compete more effectively for economic development opportunities.

The platform, available on the Memphis Moves website, allows communities throughout the Digital Delta to showcase industrial properties and structures. Creating a more robust system for showcasing the region’s industrial development potential, this website builds upon the Chamber’s MEMready site inventory program launched two years ago.

“By implementing this powerful site selection platform, we’re adding another strategic tool in our toolbelt as we establish the Greater Memphis region as the preeminent tech hub in the country,” said Ted Townsend, President and CEO of the Greater Memphis Chamber. “This technology further solidifies our position as the Digital Delta and demonstrates our commitment to becoming the premier technology destination for business investment and growth opportunities.”

The Regional Site Search Tool provides real-time, interactive access to available industrial properties across the region, with regular updates ensuring accuracy and relevance for potential investors.

“We’re excited to launch this powerful tool for our region’s business development efforts,” explained Gwyn Fisher, Chief Economic Development Officer. “The Digital Delta is full of opportunity, and the Regional Site Search Tool helps us provide a richer, regional picture of the many options available to companies considering locating or expanding in our area.”

The implementation of this tool complements MEMready, which has been helping landowners connect with resources to prepare their properties for economic development opportunities since its inception.

About The Greater Memphis Chamber 

One of Memphis’ oldest institutions, dating back to 1838, the Greater Memphis Chamber is a privately funded nonprofit that serves as the region’s lead economic development organization and the “Voice of Memphis Business” on local, state, and national issues. The Chamber’s mission is to drive the Memphis business agenda for Greater Memphis. We do this by relentlessly pursuing prosperity for all — through economic and workforce development, pro-growth advocacy, and by providing support and resources to its investors, which include many of the region’s largest employers.  

xAI Expands Memphis Footprint with Major Property Acquisition in Southwest Memphis

by

Expansion follows December announcement of supercomputer growth and tech partnership ecosystem

Memphis, TN – The Greater Memphis Chamber today announced that xAI has further solidified its commitment to Memphis by purchasing a one-million-square-foot property in Southwest Memphis, marking another significant milestone in the company’s expanding presence in the Digital Delta.

This latest investment builds upon xAI’s transformative December 2024 announcement (previous release) regarding the expansion of its “Colossus” supercomputer facility and the attraction of major tech partners.

“xAI’s acquisition of this property ensures we’ll remain at the forefront of AI innovation, right here in Memphis,” stated Brent Mayo from xAI. “We’re committed to expanding alongside this community and doing what’s best for the city. As we transform this property and enhance our facility, we’ll bring more employment opportunities and economic growth to the area.”

“This significant expansion by xAI reinforces Memphis’s position as a premier destination for technological innovation,” said Ted Townsend, President and CEO of the Greater Memphis Chamber. “Their investment in this million-square-foot facility, along with xAI’s collaborative partnership, demonstrates the tremendous momentum we’re building in the Digital Delta. Memphis continues to prove itself as the ideal location for companies leading the future of technology.”

The new facility will complement xAI’s existing operations and support the company’s growing presence in Memphis, with the Colossus supercomputer well on the path to the supercluster size mentioned at the Greater Memphis Chamber’s Annual Chairman’s luncheon in December.

The expansion also follows an $80 million state-of-the-art Colossus Water Recycling Plant, featuring the world’s largest ceramic bioreactor (MBR) wastewater recycling system. Located in Frank C. Pidgeon Industrial Park, this innovative facility will process up to 13 million gallons of wastewater daily, eliminating the need to draw from the Memphis Aquifer for industrial use. This sustainable solution is expected to protect approximately 4.745 billion gallons of the Memphis Aquifer annually – a 9% reduction in demand – while also serving other major industrial users in the region.

The facility also features the world’s largest Tesla Megapack deployment for supercompututing and data center operations, ensuring the facility never draws from the grid during demand response periods, prioritizing the energy needs of Memphis residents and surrounding communities.

About xAI
xAI is a company working on building artificial intelligence to accelerate human scientific discovery. We are guided by our mission to advance our collective understanding of the universe. For more information visit: xAI

About The Greater Memphis Chamber
One of Memphis’ oldest institutions, dating back to 1838, the Greater Memphis Chamber is a privately funded nonprofit that serves as the region’s lead economic development organization and the “Voice of Memphis Business” on local, state, and national issues. The Chamber’s mission is to drive the Memphis business agenda for Greater Memphis. We do this by relentlessly pursuing prosperity for all — through economic and workforce development, pro-growth advocacy, and by providing support and resources to its investors, which include many of the region’s largest employers.

Military Service Members: Secure Your Spot Now for Greater Memphis Career Exploration Event

by

MEMPHIS, TN. Wednesday, February 19, 2025 – The Greater Memphis Chamber, in partnership with NextOp Vets, announces an exclusive opportunity for transitioning military service members. The Military Fly-In event, scheduled for April 8-10, 2025, is now accepting applications from active military personnel transitioning out of service within the next six months. With only 25 spots available, early registration is strongly encouraged as positions will be filled on a first-come, first-qualified, and first-approved basis.

“To our service members planning their transition to civilian life: This is your opportunity to jumpstart your post-military career,” said Shelby Mounts, Executive Director of NextOp Vets and U.S. Navy Veteran. “Memphis employers are actively seeking your leadership skills, technical expertise, and mission-driven mindset. Don’t wait to secure your spot in this all-expenses-paid career exploration event.”

Selected participants will receive:

  • Direct access to veteran-friendly employers, including AAON, Bryce, Buckman, Georgia-Pacific, JM Smucker, Nucor Steel, and Amplify Cell Technologies
  • Facility tours of advanced manufacturing operations
  • One-on-one meetings with hiring managers
  • Comprehensive overview of veteran-specific career pathways
  • Networking opportunities with local business leaders
  • Full experience of Memphis lifestyle and culture

Qualification Requirements:

  • Active duty military personnel
  • Transitioning out within 6 months
  • Strong interest in Memphis region opportunities
  • Commitment to attend all scheduled activities

Application Process:

  • Submit application HERE
  • Applications reviewed in order received
  • Qualified candidates contacted for a brief screening
  • Final approval and confirmation
  • Travel arrangements coordinated

This exclusive event is made possible through premier sponsors Southworth Capital and Amplify Cell Technologies, with additional support from Lehman Roberts Company and W & T Contracting Corporation, ensuring all selected participants’ expenses are covered.

“Every participating company has demonstrated an eagerness for veteran recruitment and hiring,” said Amity Schuyler, Senior Vice President of Workforce at the Greater Memphis Chamber. “These employers understand the value of military experience and are prepared to discuss immediate opportunities with qualified candidates.”

Don’t miss this opportunity to secure your civilian career path in Memphis. Apply now HERE to be considered for one of the limited spots available.

About The Greater Memphis Chamber 

One of Memphis’ oldest institutions, dating back to 1838, the Greater Memphis Chamber is a privately funded nonprofit that serves as the region’s lead economic development organization and the “Voice of Memphis Business” on local, state, and national issues. The Chamber’s mission is to drive the Memphis business agenda for Greater Memphis. We do this by relentlessly pursuing prosperity for all — through economic and workforce development, pro-growth advocacy, and by providing support and resources to its investors, which include many of the region’s largest employers.  

AAON Announces Expansion Plans to Increase Production Capacity With New Facility In Memphis, Tennessee

by

TULSA, OK, November 14, 2024 – AAON, Inc. (NASDAQ:  AAON) (including its affiliates, “AAON” or the “Company”), a leader in high-performing, energy-efficient HVAC solutions that bring long-term value to customers and owners, is pleased to announce the expansion of the Company’s production capacity with the purchase of a new 787,000 square foot facility in Memphis, Tennessee. This facility will primarily facilitate the growing demand from the data center market and is projected to create 828 skilled jobs at this location over the next five years of operation. The expansion will also add geographic diversification to AAON’s current manufacturing footprint, mitigating certain operational risks and better serving our data center customers.

This facility will manufacture various types of thermal management equipment for data centers under the BASX brand, including air-cooled systems, computer room air handlers (CRAHs), direct evaporative coolers, and liquid cooling distribution units (CDUs), both liquid-to-liquid and liquid-to-air. The facility is expected to have limited production in early 2025 and be fully operational in approximately 12 months.

“The expansion of our production capacity through the purchase of this new facility marks a new chapter for AAON,” said Gary Fields, AAON CEO, “Not only will this allow us to continue to capitalize on the rapidly growing data center market, it demonstrates the commitment we have to our data center customers and the confidence we have in the vertical strategy of this market. At the same time, we are thrilled to bring new jobs and investment to the Memphis community and look forward to seeing the positive impact it will have on both our company and the local economy.”

“After a rigorous due diligence process that included an intricate site search and detailed analysis of costs, risks, and return on investment, we are thrilled to announce the purchase of this new facility,” said Matt Tobolski, AAON President, and COO, “This new capacity will ensure we are able to meet the growing demands from our data center customers, while also generating compelling returns on invested capital for our shareholders. To date, AAON has successfully supplied the highest performing, most efficient thermal management solutions to this end-market, and we look forward to continued success in the future.”

AAON leadership extends appreciation to the State of Tennessee, the City of Memphis, the Greater Memphis Chamber, and Memphis & Shelby County EDGE. These impressive organizations, with top-notch teams and competitive programs, were helpful in our decision and we look forward to collaborative partnerships.

“Building a robust recruitment pipeline requires strong relationships with both industry leaders and our economic development partners,” said City of Memphis Mayor Paul Young, “Welcoming AAON to Memphis represents a significant step toward making our market even more competitive on a national level. With AAON’s commitment, we are enhancing our local economy and elevating Memphis as a destination for high-quality jobs and sustainable industry growth.”

“Memphis is gaining recognition for its speed and agility in attracting businesses. Paired with our diverse workforce and manufacturing talent, Memphis is America’s newest high-tech hub—the Digital Delta,” said Ted Townsend, President & CEO of the Greater Memphis Chamber, “AAON embodies a new chapter for Memphis. As a dynamic, high job-creation company with a focus on data centers, we are proud to welcome them to the Digital Delta.”

“Memphis continues to prove itself as a vibrant hub for economic growth and opportunity,” said Dr. Joann Massey, EDGE President, and CEO, “We are committed to welcoming innovative companies, like AAON, that invest in our community and support the creation of new jobs, further strengthening the city’s position as a key player in the manufacturing and industrial sectors.”

AAON was represented in their site selection and real estate negotiations by John Beach and Susan Arledge, SIOR with Newmark, a global real estate service provider to large global corporations and other occupiers of commercial real estate.

Through the dedication of our people, we push the industry forward with innovative air solutions and pave the way for a better tomorrow. Together, we’re making a difference. For Memphis job and career inquiries, email

HelloMemphis@AAON.com.

About AAON

Founded in 1988, AAON is a world leader in HVAC solutions for commercial and industrial indoor environments. The Company’s industry-leading approach to designing and manufacturing highly configurable equipment to meet exact needs creates a premier ownership experience with greater efficiency, performance and long-term value. AAON is headquartered in Tulsa, Oklahoma, where its world-class innovation center and testing lab allows AAON engineers to continuously push boundaries and advance the industry. For more information, please visit www.AAON.com.

About BASX

BASX, a wholly owned subsidiary of AAON, is an industry leader in the manufacturing of high-efficiency data center cooling solutions, cleanroom systems, custom HVAC systems, and modular solutions. For the past 40 years, the BASX team has been recognized as leaders in the development of industry-changing innovation such as changes in the way fans are applied in modern air handling systems. Our team has a steadfast commitment to customer service and delivering on our promises while providing the highest quality products throughout the world. BASX’s state-of-the-art manufacturing facility is located in Redmond, Oregon.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “seeks”, “estimates”, “should”, “will”, and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties, and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligations to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Important factors that could cause results to differ materially from those in the forward-looking statements include (1) the timing and extent of changes in raw material and component prices, (2) the effects of fluctuations in the commercial/industrial new construction market, (3) the timing and extent of changes in interest rates, as well as other competitive factors during the year, and (4) general economic, market or business conditions.

 

Contact Information

Joseph Mondillo

Director of Investor Relations

Phone (617) 877-6346

Email: joseph.mondillo@aaon.com

Greater Memphis Chamber Announces New Chairman’s Circle Chairman

by

Respected Business Leader and Community Advocate Mike Keeney to Guide Chamber’s Leadership Group

MEMPHIS, TN. Friday, January 31, 2025 – The Greater Memphis Chamber has announced Mike Keeney as the new Chairman of the Chairman’s Circle, succeeding Bill Dunavant. A lifelong Memphian and product of Memphis public schools, Keeney brings extensive business and civic leadership experience to the position.

“I truly believe in community service and supporting organizations that make a real difference,” said Keeney. “This is where I grew up, and I really see the value of living in the Memphis community. It’s the biggest small town with so much potential.”

Keeney’s commitment to Memphis is demonstrated through his numerous leadership roles, including Chair of the Memphis and Shelby County Airport Authority and Church Health Board. He also serves on multiple boards, including Dixon Gallery and Gardens, Christian Brothers University, and the Boys and Girls Club of Greater Memphis. At the state level, his influence extends to serving on the Sports Wagering Commission, the board of the Tennessee State Museum, and the Tennessee Transportation Modernization Board.

“Mike Keeney represents the very best of Memphis leadership – someone who combines business acumen with a genuine passion for community service,” said Ted Townsend, President and CEO of the Greater Memphis Chamber. “His leadership experience and commitment to Memphis will be invaluable as we work to strengthen our region’s economic growth.”

Building upon Dunavant’s foundation, Keeney plans to strengthen partnerships between business, nonprofit, and community sectors. “When Memphians get together and have a collaborative spirit, we tend to make things happen better than most communities,” said Keeney. “We’re a lot more powerful unified. I hope to link various areas of the city, facilitate communication, and create partnerships that make us all better.”

Keeney’s appointment comes at a crucial time for Memphis’s business community. His emphasis on economic development and making Memphis an attractive place to live aligns with the Chamber’s mission to drive regional prosperity and growth. “As a community, we persevere,” Keeney noted. “It’s impressive. We don’t always win, but we persevere.”

Joining Mike Keeney in leading the Chairman’s Circle, the Chamber’s premier leadership group dedicated to accelerating Memphis’s growth and prosperity, are the following business leaders:

Congratulations to these Chairman’s Circle leaders who will begin serving Feb 1:

  • Vice Chair, Kevin Woods, BlueCross BlueShield of Tennessee
  • Co-Chair, Kemp Conrad, Cushman & Wakefield | Commercial Advisors LLC
  • Co-Chair, Kel Kearns, Amplify Cell Technologies
  • Co-Chair, Dan Weddle, ProTech Services Group, Inc.

Returning leaders:

  • Immediate Past Chair, Bill Dunavant, Dunavant Enterprises
  • Co-Chair, Eustis Corrigan, CBIZ
  • Co-Chair, Matt Hayden, Boyle Investment Company
  • Co-Chair David McKinney, AutoZone

The Chamber extends special thanks to the following leaders who have given generously of their time and are finishing their terms this month:

  • Andy Davis, Turner Construction
  • Carlos Manning, The J.M. Smucker Company
  • Michael Scarbrough, InnovAge
  • Monica Wharton, Methodist LeBonheur Healthcare

About The Greater Memphis Chamber 

One of Memphis’ oldest institutions, dating back to 1838, the Greater Memphis Chamber is a privately funded nonprofit that serves as the region’s lead economic development organization and the “Voice of Memphis Business” on local, state, and national issues. The Chamber’s mission is to drive the Memphis business agenda for Greater Memphis. We do this by relentlessly pursuing prosperity for all — through economic and workforce development, pro-growth advocacy, and by providing support and resources to its investors, which include many of the region’s largest employers.  

Greater Memphis Chamber Announces Young Professionals Council 2025 Leadership Advisory Committee

by

The Greater Memphis Chamber is thrilled to announce the formation of its Young Professionals Council (YPC) 2025 Leadership Advisory Committee. This dynamic committee is composed of 21 emerging leaders from diverse industries, all united by a common goal: to engage and empower young professionals in the Greater Memphis region. 

YPC is dedicated to cultivating a supportive and engaging community where young professionals can connect, learn, serve, and grow both personally and professionally. By providing access to the tools, resources, and support needed to excel in their careers and contribute meaningfully to the city’s progress, it aims to enhance the career trajectories of our members and contribute to the overall prosperity of Memphis. 

This year’s leadership advisory committee features a diverse group of individuals representing various sectors, including business, technology, healthcare, and more. The members of the 2025 Leadership Advisory Committee are: 

  • Chair – Jeremy Calhoun – President, STS Enterprise 
  • Vice Chair – Lionel Davis II – Account Executive, Johnson Controls 
  • Marcus Brown, II – COO/Project Manager, Complete Computer Services 
  • Dion Fugh – Recruiting Coordinator, Evolve Bank & Trust 
  • Kathryn Winsley – Program Coordinator, Shelby County Government 
  • Rasie Dobbins-Turner – Vice President, Oteka Technologies, LLC 
  • David Oppong – Project Engineer, Allworld Project Management 
  • Katie Black – Project Engineer, FedEx 
  • Meredith Taylor – Communications & Engagement Associate, Memphis Medical District Collaborative 
  • Sade Jackson – Senior Program Coordinator, DEI Relationships, St. Jude 
  • Samatha Miller – Personal Banker, Evolve Bank & Trust 
  • William B. Dunavant IV – Logistics Service Manager, Dunavant Global Logistics Group, LLC 
  • Tom Fowlkes – Government Consultant, Deloitte Consulting LLP 
  • Jason Kimmet – Project Engineer, Allworld Project Management 
  • Aaron May – Senior Accountant (First Vice President), Duncan Williams Asset Management 
  • Rachel Starks – Policy Advisor, Seeding Success 
  • Leon Cunningham – Financial Professional, New York Life 
  • Maria Rois – Director of Executive Recruiting, Supreme Staffing 
  • Kelsey Kenniel Hardy – Chief Operations & Finance Officer, Communities in Schools of Memphis 
  • Dan Keevy – Compliance Specialist, Economic Development Growth Engine 

Each member brings unique experiences and insights that will contribute to the YPC’s mission. They are leaders in their fields, dedicated to not only their own professional growth but also the advancement of the Greater Memphis community. 

Ted Townsend, President and CEO of the Greater Memphis Chamber, expressed his enthusiasm for the committee, stating, “The Chamber’s Young Professionals Council is vital to our community’s future. The leaders on this committee embody the energy and innovation that will drive Memphis forward. We are excited to support their efforts in creating a more connected and engaged professional landscape.” 

YPC will offer a range of programs and initiatives throughout the year designed to inspire and engage young professionals. From networking events and mentorship programs to workshops and speaker series, there will be numerous opportunities for members to connect with one another and with established leaders in the community. 

YPC is proudly sponsored by Christian Brothers University and STS Enterprise Corporation.  

As we embark on this exciting journey, we invite all young professionals in the Greater Memphis area to get involved. Whether you’re looking to expand your network, gain new insights, or contribute your own expertise, the YPC is here to support your growth and ambitions.

For more information on YPC and how to join, visit the website or contact YPC liaison Jessica Mosley. 

About the Greater Memphis Chamber Young Professionals Council: 

The Greater Memphis Chamber Young Professionals Council (YPC) was founded in 2014 with the goal of convening emerging leaders in Memphis to connect and learn from local business leaders as they develop personally and professionally. YPC provides young professionals the opportunity to grow leadership skills, connect with top business leaders, network with peers and participate in initiatives moving our city forward. 

 

xAI MEMPHIS LAUNCHES RFP PORTAL

by

Local businesses encouraged to participate in bidding process

MEMPHIS, TN. Wednesday, January 13, 2025 – To increase local business participation and to grow the Memphis economy, xAI has launched today an RFP (Request for Proposal) Portal for companies to participate in the xAI bidding process. The portal is specifically designed to request bids from potential vendors for products or services. While the portal is open for any company to participate, xAI is strongly encouraging local companies to participate in the process. The xAI RFP Portal can be found at https://xaivendors.com/ and also on the Greater Memphis Chamber’s website: www.memphischamber.com.

“Over the past few months, I have had the privilege to meet with over 100 local (and regional) based companies. The number one question I receive is how do I do business with xAI?” said Brent Mayo, Senior Manager, Site Build/Infrastructure for xAI. “The portal has been created for all companies – both small and large – to register to receive RFPs from xAI. It is important to us as a company that as we grow in Memphis, we want our fellow businesses to grow, too. This is an opportunity to work together and establish business relationships with our neighbors.”

The xAI Portal can be found at https://xaivendors.com/ and also on the Greater Memphis Chamber’s website: www.memphischamber.com.

“We are incredibly grateful to Brent Mayo and the xAI team for dedicating time and resources to create opportunities that allow companies to compete on projects that could significantly impact their growth and future,” said Ted Townsend, President & CEO of the Greater Memphis Chamber.

About xAI 

xAI is a company working on building artificial intelligence to accelerate human scientific discovery. We are guided by our mission to advance our collective understanding of the universe. For more information visit: xAI

 

About The Greater Memphis Chamber 

One of Memphis’ oldest institutions, dating back to 1838, the Greater Memphis Chamber is a privately funded nonprofit that serves as the region’s lead economic development organization and the “Voice of Memphis Business” on local, state, and national issues. The Chamber’s mission is to drive the Memphis business agenda for Greater Memphis. We do this by relentlessly pursuing prosperity for all — through economic and workforce development, pro-growth advocacy, and by providing support and resources to its investors, which include many of the region’s largest employers.

Greater Memphis Chamber Wins Prestigious 2024 Deal of the Year Award from Business Facilities

by

MEMPHIS, TN. Tuesday, January 7, 2024 –  The Greater Memphis Chamber has been awarded the prestigious 2024 Bronze Deal of the Year Award by Business Facilities magazine for successfully attracting xAI’s Gigafactory of Compute to Memphis. This groundbreaking project, led by Elon Musk’s artificial intelligence company xAI, represents a $12 billion investment in the region and solidifies Memphis’ position as the Digital Delta.

The award recognizes the Chamber’s exceptional work in securing one of the most significant technological investments in the region’s history. xAI’s facility will house the world’s largest supercomputer, marking a transformative moment for Memphis’ growing technology sector.

“This recognition fromBusiness Facilities affirms Memphis’ position as America’s Digital Delta,” said Ted Townsend, President & CEO of the Greater Memphis Chamber. “When we submitted this project in November 2024, we knew it showcased how cities like Memphis can compete and win in the global technology sector. Our strategic advantages prove that the future of artificial intelligence doesn’t just belong to the coasts – it belongs right here in Memphis.”

The Business Facilities Deal of the Year Awards are highly competitive, recognizing the most impactful economic development projects across the nation. The 2024 awards particularly highlighted the surge in data center investments and technological advancement, with xAI’s project standing out for its innovative approach and substantial economic impact.

“The rapid evolution of artificial intelligence (AI) and the demand for technology capabilities overall spurred significant investment in data centers throughout 2024,” said Anne Cosgrove, Business Facilities Editorial Director. “Our 2024 Deal of the Year winners represent billions of dollars in capital investment and thousands of jobs for the communities in which these companies and their suppliers will operate. We congratulate the economic development teams that worked to bring all of these projects to fruition.”

This prestigious award places Memphis alongside other major economic development victories in 2024, including projects by Meta in Louisiana (Platinum winner), Amazon Web Services in Mississippi (Gold winner), and Novo Nordisk in North Carolina (Silver winner). Click HERE for more information.

About The Greater Memphis Chamber 

One of Memphis’ oldest institutions, dating back to 1838, the Greater Memphis Chamber is a privately funded nonprofit that serves as the region’s lead economic development organization and the “Voice of Memphis Business” on local, state, and national issues. The Chamber’s mission is to drive the Memphis business agenda for Greater Memphis. We do this by relentlessly pursuing prosperity for all — through economic and workforce development, pro-growth advocacy, and by providing support and resources to its investors, which include many of the region’s largest employers. For additional information, please visit www.memphischamber.com

Memphis MSA Achieves Historic $100 Billion Milestone In Gross Regional Product

by

Memphis, TN – December 10, 2024: The Greater Memphis Chamber proudly announces a landmark achievement for the Memphis Metropolitan Statistical Area (MSA), as the region’s Gross Regional Product (GRP) surpassed $100 billion in 2023, reaching an impressive $102.9 billion.

This historic milestone signifies considerable economic momentum for the Greater Memphis region, showcasing a strong year-over-year growth of $6 billion (5.8%) from 2022 to 2023. Over the past five years (2018-2023), the region has displayed impressive economic resilience, achieving a growth rate of 32.3%, which closely aligns with the national GDP growth of 34.1%.

“Breaking through the $100 billion GRP barrier is a remarkable milestone for Memphis! This achievement, along with our record employment numbers, really highlights what we’ve always believed – Memphis is a place where business thrives!” shared Ted Townsend, President & CEO of the Greater Memphis Chamber. “We’re not just growing; we’re truly transforming our economy and opening up exciting new opportunities for our region.”

Key Highlights:

  • In 2023, Memphis reached a GRP of $102.9 billion, ranking 6th among peer cities. (Source: https://fred.stlouisfed.org/series/NGMP32820)
  • 5% average annual GRP growth over the past five years
  • Record employment levels reaching 656,600 jobs
  • Unemployment rate of 4.3%, nearly matching the national average

This economic milestone aligns with the region’s strong employment recovery, as Memphis surpasses its pre-pandemic employment levels, showcasing the market’s vigorous recovery and ongoing growth trajectory.

About The Greater Memphis Chamber 

One of Memphis’ oldest institutions, dating back to 1838, the Greater Memphis Chamber is a privately funded nonprofit that serves as the region’s lead economic development organization and the “Voice of Memphis Business” on local, state, and national issues. The Chamber’s mission is to drive the Memphis business agenda for Greater Memphis. We do this by relentlessly pursuing prosperity for all — through economic and workforce development, pro-growth advocacy, and by providing support and resources to its investors, which include many of the region’s largest employers.

xAI Memphis Announces Expansion Of Supercomputer with Addition Of Tech Companies In Digital Delta

by

Supercomputer to grow to 1 million plus GPUs; Nvidia, Dell and SMC planning growth in Memphis Region with xAI

Memphis, TN – December 4, 2024: In a landmark announcement at the Greater Memphis Chamber Annual Chairman’s Luncheon, xAI revealed plans for an expansion of its “Colossus” supercomputer facility. Building upon its initial commitment to Memphis announced last June (Link to previous release), the company is setting the stage for Memphis to become the global epicenter of artificial intelligence.

The expansion, already underway, will incorporate a minimum of one million Graphics Processing Units (GPUs), marking the largest capital investment in the region’s history. Additionally, Fortune 500 tech giants Nvidia, Dell, and Supermicro Computer (SMC) will be establishing operations in Memphis, further solidifying the city’s position as the “Digital Delta” – a moniker coined by FedEx founder Fred Smith and his son, FedEx Executive Richard Smith.

Speaking to over 1,000 Memphis business and community leaders, xAI’s Brent Mayo shared the stage with Greater Memphis Chamber President and CEO Ted Townsend to detail the transformative initiative.

“In Memphis, we’re pioneering development in the heartland of America,” Mayo declared. “We’re not just leading from the front; we’re accelerating progress at an unprecedented pace while ensuring the stability of the grid utilizing megapack technology.”

Townsend emphasized the significance of xAI’s expanded presence: “When we announced six months ago that xAI would make Memphis its home for Colossus, we recognized it as our defining moment. Memphis has provided the power and velocity necessary for not just xAI to grow and thrive, but making way for other companies as well. We’re excited to welcome Nvidia, Dell, and Supermicro to the ‘Digital Delta’.”

To facilitate this massive undertaking, the Greater Memphis Chamber established an xAI Special Operations Team, led by Townsend. This team provides round-the-clock concierge service to the company. Senior Vice President of Global Business Development Troy Parkes spearheads the initiative, ensuring seamless execution of the company’s rapid expansion plans.

This development cements Memphis’s transformation into a leading technology hub, promising significant economic growth and positioning the city at the forefront of the artificial intelligence revolution.

About xAI 

xAI is a company working on building artificial intelligence to accelerate human scientific discovery. We are guided by our mission to advance our collective understanding of the universe. For more information visit: xAI

About The Greater Memphis Chamber 

One of Memphis’ oldest institutions, dating back to 1838, the Greater Memphis Chamber is a privately funded nonprofit that serves as the region’s lead economic development organization and the “Voice of Memphis Business” on local, state, and national issues. The Chamber’s mission is to drive the Memphis business agenda for Greater Memphis. We do this by relentlessly pursuing prosperity for all — through economic and workforce development, pro-growth advocacy, and by providing support and resources to its investors, which include many of the region’s largest employers.

Media Contact:

Julian D. Cross

Communications Manager

jcross@memphischamber.com

(901) 464-2746