On any given day throughout the year, the Chamber’s Economic Development Team is working with companies to show them the benefits of doing business in Memphis and the specifics of how to make that happen. From ceiling heights to gas lines to square footage, each company and industry has different requirements for space and resources, and we work with our partners to make sure each company’s needs are met and that those jobs and revenues stay in Memphis.Cargill’s history in Memphis dates back nearly a century, with properties in the area as early as 1937. Today, Cargill is the largest privately-owned company in the U.S., and they’re still in Memphis… but instead of milling corn, they’re producing fish food out of thin air.When Cargill closed its corn mill facility on President’s Island in 2015, the city lost 400 jobs and its largest single water customer – rates for everyone else eventually went up 22% as a result. Not long after, the company began pursuing a venture to produce sustainable fishmeal on a massive, commercial scale. This advanced technology would not only fill huge demand within the market, but sustain the natural resources otherwise used to feed the massive numbers of fish within the food chain. The new project would bring jobs, revenue, and advanced technology to an existing Cargill property somewhere in North America – and we wanted it to be Memphis.

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