901-543-3500

Live in Memphis

JOIN THE CHAMBER

Bragging Rights

See how Memphis rises to the top of nation’s most sought-after rankings.

You heard it here first – our city has so much to brag about. From arts and entertainment to business success, get the facts on why so many people love to call Memphis home.

Transportation & Logistics

Led by the FedEx World Headquarters, Memphis is centrally located in the United States and a hub for all modes of transportation across the country and beyond, creating jobs and opportunities in our city and connecting us all over the world.

  • International gateway for product export and import via four Foreign Trade Zones
  • Home to the FedEx World Hub and major hubs for UPS, the U.S. Postal Service, and the Air National Guard.
  • The Memphis workforce has more experienced logistics workers per capita than any other top 100 U.S. city, based on Bureau of Labor Statistics data.
  • Memphis was ranked as the number 1 “Logistics Leader” in the country and was ranked second globally by Business Facilities magazine in 2016.
  • Memphis ranked 4th for “Best Cost of Living” in 2015 by Business Facilities magazine. 
  • Memphis ranked 26th out of 100 U.S. metros in total value of products exported in 2015, exporting over $11.8 billion.
  • Global Trade magazine named Memphis one of the “America’s Best Cities for Global Trade,”ranking Memphis 3rd for best infrastructure in 2015.
  • For 23 years, Memphis International Airport, “America’s Aerotropolis” has been the busiest cargo airport in North America.
  • Weather does not impact operations at Memphis International Airport 99.2% of the time.
  • Memphis International Airport was ranked No. 1 for mobile data coverage among the top 50 airports by RootMetrics in 2015.
  • I-40 connects the Atlantic and Pacific Coasts and runs directly through Memphis. The stretch between Memphis and Little Rock is the 3rd-busiest trucking corridor in the nation.
  • Memphis is the halfway point of the new 2,600-mile, I-69 superhighway connecting Canada to Mexico currently under construction. 
  • Memphis is the 3rd-largest rail center in the United States behind Chicago and St. Louis.
  • Memphis is one of four U.S. cities with five Class I railroads: BNSFCanadian NationalCSXNorfolk Southern and Union Pacific
  • Memphis is home to five of the largest wide-span cranes in the country because of BNSF’s $200 million newly expanded intermodal facility.
  • Home to nine fully-operational rail yards with a total current container capacity of more than 2 million annual lifts 
  • By train, Memphis can reach 45 states (including Canada and Mexico) within 2 days.
  • Single system shipment to all 48 contiguous states, and Alaska, Mexico, and Canada
  • The International Port of Memphis is the 5th-largest inland port in the United States and 2nd-largest inland port on the shallow draft portion of the Mississippi River.
  • The largest still water harbor on the Mississippi River
  • Port of Memphis handles more than 14.7 million tons annually.
  • The International Port of Memphis is also home to the Valero petroleum refinery, the only refinery in the State of Tennessee.

Business

Memphis is a hotspot for business in the Southeast and across the nation. Business leaders here have multiple incentives to operate their companies in the Bluff City, and entrepreneurs can make an impact like in no other place, with a workforce and economy ready to help business succeed.

Corporate Presence

Memphis is home to a myriad of corporations and world headquarters, leading the world across industries powered from the Bluff City. Read how we rank and how Memphis corporations are making headlines for their success. 

Corporate Rankings

Three Fortune 500 world headquarters (2016):

World HQ for two of Fortune’s “Best Companies to Work For” (2016)

World HQ for three of Forbe’s World’s Biggest Public Companies” (2016)

World HQ for two of Fortune’s “Global 500” (2016)

World HQ for three of Industry Week’s “U.S. 500” (2016)

Corporate Knights’  2016 “Global 100 Most Sustainable Corporations in the World” companies with a Memphis area presence are:

Over 15 companies with a Memphis area presence were named as Corporate Responsibility Magazine’s “100 Best Corporate Citizens for 2016.” The highest ranked in Memphis are:

Over 50 Memphis area companies were ranked in Newsweek’s “Top 500 U.S. Green Companies for 2016.”

Entrepreneur’s 2016 “Franchise 500” rankings of Memphis-based franchises

Twelve Memphis area companies were r ranked on the “Inc. 5000” 2016 list which ranks the fastest growing private companies in the U.S.

Corporate Success

Other Memphis-Based Companies

Memphis is home to major operations for more than 200 foreign-owned companies.

The Memphis area is also home to world-renowned companies like:

Your Chamber at Work

The Greater Memphis Chamber has been an advocate for businesses in the Mid-South for nearly 180 years. We are proud of the efforts we’ve made to support our city’s businesses and hope to continue to work for our greater success for centuries to come. 

  • The Greater Memphis Chamber was one of 3 recipients honored with the 2016 Governor’s Award for Trade Excellence. Our International Business Council was praised in addition to the newly formed Memphis Metro Export Alliance. 
  • The Greater Memphis Chamber’s Communication team took home the Gold Award for Marketing Communications Promotions for our Chamber 101 events at the Memphis Chapter of the Public Relations Society of America (PRSA) 2016 Vox Awards. 
  • In November 2015, the Greater Memphis Chamber’s Communication Team took home 5 awards for 3 marketing campaigns at the 2015 PRSA Vox Awards:

It All Starts in Memphis

Many of the forerunners and existing businesses that make up today’s American economy were founded in Memphis. This city continues to be a place where entrepreneurs can thrive, following trails blazed by so many innovators before them. 

  • The first self-service grocery store, Piggly Wiggly, was developed in Memphis in 1916.
  • Kemmons Wilson envisioned reliable, standardized hotel service when he created the first Holiday Innin Memphis, the first modern hotel chain. 
  • Since its founding in 1971, FedEx has revolutionized the logistics industry. Among FedEx’s many firsts are:
    • The first company dedicated to overnight package delivery
    • The first express company to introduce the overnight letter
    • The first to offer 10:30 a.m. next-day delivery
    • The first to offer Saturday delivery and the first express company to offer time-definite service for freight
    • The first in the industry with money-back guarantees and free proof of performance, services that now extend to its worldwide network
  • Tri-State Bank was founded in 1946 by Dr. J. E. Walker and his son A. Maceo Walker. Tri-State Bank was and still is the largest African-American run bank in Tennessee.
  • Robert Church was the South’s first African-American millionaire
  • In 1906, Church founded the Solvent Savings Bank and Trust Company. It was the first black-owned and operated bank in Memphis.
  • Robert Church developed Church Park, Memphis’ only park for African Americans at that time. 
  • In 1923, Dr. J. E. Walker founded Universal Life Insurance in Mississippi
  • Universal Life Insurance relocated to Memphis in 1926. By 1947, Universal Life Insurance became the second African American company in America to “attain million-dollar-capital status.”
  • The hydraulic lift was invented by an Italian immigrant to Memphis and was later adopted by German conglomerate ThyssenKrupp
  • Greyhound and Continental Trailways bus lines ran across North America from humble beginnings in Memphis.
  • Shering Plough, now part of Merck, was known for Coppertone, Afrin, Dr. Shoal’s and many other over-the-counter products.

Leading Innovations in Healthcare

From well-known care from organizations like St. Jude to excellence in health science education, award-winning primary care and a hub of medical device manufacturing, Memphis leads the way in healthcare on all fronts.

Shelby County is the 2nd-largest orthopedic device manufacturing center in the U.S.

Home to divisional or corporate headquarters to orthopedic and medical device leaders: Medtronic,MicroPort OrthopedicsSmith & Nephew and Wright Medical.

Founded by the late entertainer Danny Thomas, Memphis is home to St. Jude Children’s Research Hospital.

Baptist Memorial Hospital has six metro hospitals, the Reynolds Hospice House and an expanding number of physician clinics and clinical specialties.

Methodist Le Bonheur Healthcare operates seven hospitals in the Memphis area, including Le Bonheur Children’s Medical Center – the Mid-South’s premier pediatric health care provider.

Regional One Health is home to one of the busiest Level 1 Trauma Center in the nation, with approximately 4,500 admissions annually.

Memphis is home to the Church Health Center (CHC), a faith-based clinic that provides quality, affordable healthcare to 50,000 working, uninsured people and their families. In the United States, the CHC is the largest faith-based clinic of its kind.

The University of Tennessee Health Science Center, one of four medical schools in the State of Tennessee,  spun off two new bioscience companies and a research park that are making national headlines: GTx – a biopharmaceutical company dedicated to men’s health and Luminetx – a bioscience technologies company that made headlines with THE VEINVIEWER, recognized by Time Magazine as one of the most innovative medical inventions of the year.

The College of Medicine is affiliated with three of the six level 1 trauma centers in the State of Tennessee.

  • The 1996 Nobel Prize was awarded to Dr. Peter C. Doherty in the ‘Physiology or Medicine’ category. Dr. Doherty is an adjunct faculty member for the College of Medicine’s pediatric department.
  • Apple Inc. founder Steve Jobs underwent a complete liver transplant at Methodist University Hospital in 2009 performed by James D. Eason, M.D., FACS, a UTHSC graduate and practicing physician at Methodist University Hospital.  
  • UTHSC’s Executive Vice Chancellor Dr. Kennard Brown is an active board member for The Memphis Medical District Collaborative, a local non-profit entity dedicated to improving the livability and overall prosperity of Memphis’ Medical District. 
  • The University of Tennessee College of Medicine launches the world’s first Mobile Stroke Unit with Advanced CT imaging capabilities including CT Angiography Imaging for brain and blood vessels and producing advanced quality imaging for stroke diagnosis and noninvasive CT-angiography with a Siemens SOMATOM® Scope CT scanner.
  • In February 2016, the College of Health Professions opened the only student-run pro bono occupational therapy Clinic in the Nations, the Rachel Kay Stevens Therapy Center.
  • UTHSC has been awarded Top Workplace in 2014 & 2015 by the Commercial Appeal.
  • UTHSC has been named a Tennessee Healthy Workplace for two years in a row by the Healthier Tennessee Workplace program.

UT / Baptist Research Park – currently  under construction – is 1.2 million square feet of lab research, education and business development space, is expected to be completed in six phases over a 10-year period, allowing flexibility to meet current and future bioscience needs.

Education

Schools in Memphis offer students all the opportunities they need to reach careers in any industry, from early education to renowned universities and graduate schools.

Higher Education

University of Tennessee Health Science Center offers bachelor, masters and doctorate degrees from its School of Biomedical Engineering and Colleges of Allied Health Sciences, Dentistry, Graduate Health Sciences, Medicine, Nursing, Pharmacy and Social Work.

Primary & Secondary Education

Sports

Grit and Grind has become a mantra in Memphis, thanks to the Memphis Grizzlies. From college athletics to the pros, there is always something to watch live in the Bluff City, and nowhere more passionate fans. 

Arts & Entertainment

Memphis has been inspiring artists along the river for longer than anyone can remember. Every piece of arts and entertainment in Memphis reflects a spirit of creativity that can’t be held back in this city.

  • MovieMaker Magazine ranked Memphis the 10th “Best Place to Live and Work as a Moviemaker” in 2016. The magazine cites Memphis’ great amenities, low cost of living and valuable incentives.
  • Etsy named Memphis a “Maker City,” a network of “strong municipalities that value entrepreneurship, sustainability, and responsible manufacturing with the creative and innovative spirit of the Etsy community,” according to Etsy.com (2016). 
  • Memphis was named the one of the “20 Best Cities for 20-somethings” in 2015 by Greatist, a health and happiness digital magazine. They credited the recent downtown development and low cost of living.
  • The Orpheum brings Broadway to Memphis through their Broadway Series with 8 to 10 touring performances every season. The Orpheum also hosts movie nights, comedy and musical performances and celebrated its 88th anniversary in 2016.
  • The Germantown Performing Arts Center celebrated its 23rd season in 2016. 
  • Ballet Memphis celebrated its 30th season in 2016. in 2015, Ballet Memphis purchased the old French Quarter Inn in Overton Square and is building a brand new $12 million, 38,000 square feet headquarters. Identified as a “national treasure” by the Ford Foundation, Ballet Memphis produces more original work than any other company of its size.

Culture

You won’t have to look far for how to fill a weekend or a week seeing all there is to see and do around the Bluff City for visitors of all ages.

Stay & Eat

You can’t go wrong with Memphis food, and we have plenty of beautiful places to stay after a great meal and drinks! 

More Reasons to Love Life in the 901

The work/life balance in Memphis is second to none. From great food to great culture and everything in between, there are countless reasons why quality of life is so high in the Mid-South.

  • Realtor.com named Memphis the #3 city that “Millennial are most likely to buy in 2016,” citing the low median list price, rising millennial population, and rising median household income as key factors. 
  • Zillow named Memphis the 3rd best market for first time home buyers citing the low median list price, the number of houses on the market, and the low 10.9% of monthly income needed for a mortgage payment. 
  • Memphis was named for innovate bike strategy in a 2016 report by PeopleForBikes. The MEMFix program, a collaboration between the city and local nonprofits and volunteers, was specifically cited as a model for other cities.
  • In 2015, The Memphis Farmer’s Market was ranked 14th in The Daily Meal’s “101 Best Farmers’ Markets in America.”

Greater Memphis Chamber | 22 North Front Street Suite 200 | Memphis, TN 38103-2100 | 901-543-3500
© 2017 Greater Memphis Chamber. All rights reserved.

Website brought to you by: