MEMPHIS, Tenn. (Wednesday, 1/8/23) – The Greater Memphis Chamber today joined MSS Steel Tubes USA LLC, Tennessee Gov. Bill Lee, and other elected officials in announcing that the company plans to invest $6 million to open its first U.S. steel tubes production plant in Memphis, creating 129 jobs. [Read more…] about MSS Steel Tubes USA LLC to open $6M Memphis plant, create 129 jobs
Aspen Institute selects Memphis for Workforce Leadership Academy
MEMPHIS, Tenn. (Friday, 1/6/23) – The Greater Memphis Chamber and the Aspen Institute today announced plans to create the Memphis Workforce Leadership Academy, a year-long program to equip local leaders with the skills, knowledge, and resources to advance workforce development in the region.
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Memphis MSA sets new jobs record in November 2022
MEMPHIS, Tenn. (Tuesday, Dec. 20, 2022) – The Memphis Metropolitan Statistical Area (MSA) added 2,700 jobs in November to set a record of 671,500 total jobs, according to the latest report from the Greater Memphis Chamber’s data and analytics arm, the Center for Economic Competitiveness (CFEC). Read the report here.
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Ford, Greater Memphis Chamber announce mobility innovation competition
MEMPHIS, Tenn., Dec. 13, 2022 – Greater Memphis Chamber President & CEO Ted Townsend today announced that Greater Memphis and West Tennessee have been selected for Ford’s transformative, community-centered, two-year mobility innovation challenge. [Read more…] about Ford, Greater Memphis Chamber announce mobility innovation competition
Chamber unveils Black business grant winners
MEMPHIS, Tenn. (Tuesday, 12/13/22) – The Greater Memphis Chamber, in partnership with IKEA U.S. Community Foundation, today announced the winners of five competitive grants for Black-owned businesses in the Greater Memphis region at its 22nd Annual Chairman’s Luncheon. [Read more…] about Chamber unveils Black business grant winners
Chamber taps Gwyn Fisher to head economic development
MEMPHIS, Tenn. (Thursday, 12/1/22) – Gwyn Fisher, a Memphian who has played a pivotal role in attracting jobs and investment to Greater Memphis for nearly a decade, will join the Greater Memphis Chamber as its chief economic development officer on Dec. 14, the Chamber announced today. [Read more…] about Chamber taps Gwyn Fisher to head economic development
Memphis MSA adds 700 jobs to set new record in August
MEMPHIS, Tenn. (Tuesday, Oct. 10, 2022) – For the fifth time in six months, the number of people on non-farm payroll in the Memphis metropolitan statistical area hit a new record high in August, according to a new report from the Greater Memphis Chamber’s Center for Economic Competitiveness (CFEC). To read the full report, click here. [Read more…] about Memphis MSA adds 700 jobs to set new record in August
RDX opens new HQ in Memphis
Memphis, Tenn. (Friday, October 7, 2022) – Marking the start of a new era and laying the foundation for its future growth, Memphis-based transportation company RDX, LLC today officially opened its new headquarters where the Mall of Memphis once stood on American Way.
Four expert strategies for business cybersecurity management
As cyber threats become increasingly sophisticated, the costs associated with data breaches and losses will become even steeper. Research performed by IBM in 2022 showed that, on average, a cybersecurity incident cost businesses an average of nearly $4.4 million – a huge sum for anyone, but particularly crippling for small companies. Deloitte counted higher insurance premiums, damage to customer relationships, and even increases to debt servicing costs among the consequences.
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Greater Memphis sets new record for jobs
MEMPHIS, Tenn. (Monday, 8/29/22) – Greater Memphis set another jobs record in July 2022 as its leisure and hospitality industry made a complete recovery from Covid-19 pandemic job loss, according to the latest report from the Greater Memphis Chamber’s Center for Economic Competitiveness (CFEC).
Greater Memphis added 3,200 jobs in July 2022 – a 0.48% increase from June 2022 and a 1.4% increase over the pre-pandemic total of February 2020 – to reach a new record-high 667,200 jobs, CFEC reports. The construction industry continues to lead the pandemic jobs recovery with growth of 8.65% over March 2020, followed by the trade, transportation, and utilities industry with growth of 7.7%.
Greater Memphis sets new jobs record in June
MEMPHIS, Tenn. (Monday, Aug. 15, 2022) – The Greater Memphis Chamber’s Center for Economic Competitiveness today released its Jobs Brief for June 2022. Read the full report here.
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Coalition led by Workforce Mid-South wins $21.5M Good Jobs grant for Memphis region
A local coalition led by Workforce Mid-South was today awarded $21.5 million through the U.S. Economic Development Administration’s Good Jobs Challenge to expand economic mobility opportunities across the region. Through the Mid-South Center for Occupational Innovation (MCOI), under the Workforce Mid-South umbrella, this group will establish three transformative one-stop Accelerated Skills Training (AST) Centers serving East Arkansas, North Mississippi, and West Tennessee.
The AST Centers will deliver rapid credentialing opportunities through programs of the same quality as traditional education models but in less time – four to 24 weeks. Three sectoral partnerships, each led by a backbone organization representing the area’s high-growth advanced manufacturing, logistics technology, and construction sectors have been created, formalizing alignment across regional boundaries and state lines and creating the optimal ecosystem for job seekers and employers.
Tennessee is generous in its funding for post-secondary opportunities through Tennessee Promise and Tennessee Re-connect; however, these traditional models are not designed for the adult learner or learners who are not in the traditional linear educational path. Those individuals with financial obligations and families not able to take themselves out of the job market for a prolonged period or to pursue a 12-24 month credential program.