In 2019, the Greater Memphis Region enjoyed some of the most significant investments in new jobs in the state of Tennessee.
Hyosung Heavy Industries announced more than 400 new jobs and an investment of $87 million. This is the South Korean company’s first United States manufacturing investment.
Memphis logistics company JNJ Express committed an $83.6 million investment and 610 new jobs when it announced a new headquarters and operations in South Memphis.
Memphis-based FedEx Corp. announced it would consolidate its FedEx Logistics headquarters to the former Gibson Guitar Factory in downtown Memphis. The project will create 689 jobs.