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News for Economic

Friday, May 22, 2020
JUNIOR ACHIEVEMENT OF MEMPHIS & THE MID-SOUTH RECEIVES SUPPORT FROM BANK OF AMERICA TO PROVIDE FINANCIAL LITERACY PROGRAMMING TO LOCAL STUDENTSFunds support Junior Achievement’s efforts to educate youth around issues fundamental to economic health and sustainability during the coronavirus pandemic   MEMPHIS, Tenn. – Junior Achievement of Memphis and the Mid-South, a nonprofit dedicated to ...read more
Categories: Community, Education, Human Interest, Press Release, Chamber, Economic, General News Article, Papers/Research
Tuesday, May 19, 2020
STATE FARM DONATES $15,000 TO JUNIOR ACHIEVEMENT OF MEMPHIS (MEMPHIS, TN) - State Farm recently donated $15,000 to Junior Achievement of Memphis and the Mid-South, a nonprofit dedicated to helping local youth become world-ready. The funds will go toward supporting Junior Achievement programs and curriculum, providing financial literacy education to children in grades K-12 in the Memphis and ...read more
Categories: Chamber, Economic, General News Article, Papers/Research, Community, Education, Human Interest, Press Release
Monday, May 18, 2020
NEW LOCAL COMPANY, REVIVAL RESTORATION SERVICES, RESPONDS TO DAMAGE FROM FIRE, WATER, STORMS AND MOLD (Memphis, TN) – Damage from fire, water, storms and mold affects hundreds of homes and businesses across the Mid-South each year. Restoration companies are often called in to remediate such damage. Two local business leaders, Ryan Anderson (RKA Construction) and Tommy Sneed (Sneed insurance), ...read more
Categories: Chamber, Economic, General News Article, Papers/Research, Human Interest, Press Release, Community, Education
Monday, May 11, 2020
SHERRY MACKEY JOINS AGAPE AS MARKETING & COMMUNICATIONS DIRECTOR  Sherry Mackey has joined Agape Child & Family Services as the nonprofit’s Marketing and Communications Director. For more than 20 years, Sherry has served as an award-winning radio personality in the Gospel music industry. She began her radio career at AM 1380 WOOM where she ultimately became the station’s program ...read more
Categories: Chamber, Community, Economic, General News Article, Human Interest, Press Release
Monday, May 11, 2020
MIKE ANDERSON TO LEAD BUSINESS DEVELOPMENT AT MIDTOWN CABINETRY & MILLWORK (Memphis, TN) – Mike Anderson has joined the team of Midtown Cabinetry & Millwork as director of business development. Anderson has been an owner of the business since its inception in 2018. He now joins the organization’s day-to-day operations, heading up sales to core customers including builders, contractors, ...read more
Categories: Chamber, Community, Economic, Education, General News Article, Human Interest, Press Release
Thursday, May 07, 2020
United Way of the Mid-South’s COVID-19 Economic Relief Fund Distributes Grants Fund provides needed support to area nonprofits to address COVID-19 related needs.   MEMPHIS, Tenn., May 7, 2020 – United Way of the Mid-South COVID-19 Economic Relief Fund is designed specifically to support nonprofit agencies as they perform their critical services for our most vulnerable Mid-South neighbors. The ...read more
Categories: Chamber, Economic, Community, Press Release
Wednesday, May 06, 2020
HOLLYWOOD FEED LOWERS MINIMUM ORDER FROM $75 TO $49 FOR FREE SAME DAY DELIVERY SERVICE (Memphis, TN) – Memphis-based Hollywood Feed has reduced the minimum order from $75 to $49 for its free Same Day Delivery service for the forseeable future. The natural and holistic pet food and product retailer provided free Same Day Delivery for all orders in March and April in an effort to help customers ...read more
Categories: Community, Education, Human Interest, Press Release, Chamber, Economic, General News Article, Papers/Research
Wednesday, May 06, 2020
MAY IS GLOBAL EMPLOYEE HEALTH & FITNESS MONTH Memphis-based Lifesigns and HealthyHere Encourage Wellness in the Workplace (Memphis, TN) – Global Employee Health & Fitness Month comes each May and is a good reminder of how important wellness is to those in the workplace and to the health of the organization overall. Salaries and benefits are, by far, the greatest costs for most companies, so ...read more
Categories: Chamber, Economic, General News Article, Papers/Research, Community, Education, Human Interest, Press Release
Wednesday, May 06, 2020
Food Industry Exchange sponsored by FMI powered by The Seam launchesMEMPHIS, Tenn., May 6, 2020 – FMI—The Food Industry Association and The Seam, a leading provider of commodities trading and agriculture software solutions, today announced the launch of the Food Industry Exchange sponsored by FMI powered by The Seam. The sustainable marketplace was created to immediately address the urgent needs ...read more
Categories: Press Release, General News Article, Economic
Friday, May 01, 2020
United Way of the Mid-South Convener for Nonprofit Support  Truist responds to the community crisis by donating $250,000 to the  COVID-19 Economic Relief Fund   MEMPHIS, Tenn., April 27, 2020 – As our community continues to feel the effects of the COVID-19 crisis impacting our country, United Way of the Mid-South is taking action. We have launched the United Way of the Mid-South COVID-19 ...read more
Categories: Economic, Community, Press Release, Chamber
Wednesday, March 04, 2020
MEMPHIS, Tenn., March 4, 2020 – Paragon Bank (OTCBB: PGNN.OB) today announced its 2019 financial earnings, reporting record net income before taxes at $4.3 million. During 2019, the core bank of Paragon, excluding its SBA-related units (Small Business Capital Group and Specialty Lending), had record revenue and record pre-tax income. Pre-tax income for the core bank increased 61%, to $4.4 million, ...read more
Categories: Economic, Press Release
Wednesday, December 11, 2019
GERMANTOWN, Tenn., December 11, 2019 – Campbell Clinic Orthopaedics, a leader in orthopaedic care since 1909, recently hosted a grand opening of its most recent campus, located at 7887 Wolf River Blvd in Germantown. Local dignitaries, physicians and staff from Campbell Clinic attended the celebration, while Germantown Mayor, Mike Palazzolo and Fred Azar, M.D. gave brief remarks. “We have ...read more
Categories: Economic, Community, Press Release
Tuesday, September 24, 2019
MEMPHIS, Tenn., September 24, 2019 – Grace Medical, a leader in ear nose and throat surgical devices with a focus on otology, today announced it has acquired EndoEar Endoscopic Instruments, which feature simultaneous suction and dissection, along with varied geometries, to access and remove hard-to-reach disease in the middle ear. This acquisition solidifies Grace Medical’s position as the global ...read more
Categories: Economic, Press Release, General News Article
Tuesday, August 13, 2019
MEMPHIS, Tenn., August 13, 2019 – Paragon Bank (OTCBB: PGNN.OB) today announced its 2019 second quarter financial earnings, with a net income of $696,000, which was approximately 11% over the first quarter of 2019. Through the first six months of 2019, net income was $1.3 million, which was the most profitable first half of the year in Paragon history.  “We are proud to report a solid first half ...read more
Categories: Economic, Press Release
Friday, June 07, 2019
MEMPHIS, Tenn., June 7, 2019 – Paragon Bank (OTCBB: PGNN.OB) today announced its 2019 first quarter financial earnings, reporting a net income of approximately $627,000, an increase of $140,500 or 29%, over the first quarter of 2018.  "We are proud to share another solid financial report for the first quarter of the year," said Robert Shaw, Chief Executive Officer at Paragon Bank. "Our growing ...read more
Categories: General News Article, Economic, Press Release
Tuesday, March 26, 2019
MEMPHIS, Tenn., March 26, 2019 – Fullen Dock and Warehouse, a full-service river terminal located at mile marker 740 of the Mississippi River, today announced that it has been designated as a Foreign-Trade Zone (FTZ). FTZs are secure areas under U.S. Customs and Border Protection (CBP) supervision that are generally considered outside CBP territory upon activation.  "An FTZ designation provides a ...read more
Categories: General News Article, Economic, Press Release
Tuesday, March 05, 2019
MEMPHIS, Tenn., March 5, 2019 – Paragon Bank (OTCBB: PGNN.OB) today announced its 2018 fourth quarter financial earnings, reporting record revenue, pre-tax income and net operating income. At December 31, 2018, Paragon had a net income of $1.2 million, an increase of $914,000 or 329 percent over the fourth quarter of 2017. Net income for 2018 increased 49 percent over 2017, primarily due to ...read more
Categories: Community, Press Release, Economic
Friday, November 17, 2017
MEMPHIS, Tenn., November 17, 2017 – Paragon Bank (OTCBB: PGNN.OB) today announced another strong quarter with near-record revenue, increasing $128,000 over the second quarter of 2017 to $4.7 million. For the Small Business Administration's fiscal year ending September 30, 2017, Paragon was the largest SBA lender headquartered in the Memphis Metropolitan Statistical Area. "We are proud of the ...read more
Categories: Economic, General News Article, Press Release
Wednesday, November 01, 2017
Memphis, Tenn., November 1, 2017 – Eclectic Eye, a Memphis destination for optometry services and stylish eyewear needs, today announced a special anniversary sale in celebration of 15 successful years in business.  Since opening the store in the heart of Midtown, Memphis, Eclectic Eye has pioneered the local optometry provider model and truly defined how small businesses contribute to the ...read more
Categories: Chamber, Community, Economic, Fun Facts, General News Article, Human Interest, Press Release
Tuesday, August 22, 2017
MEMPHIS, Tenn., August 22, 2017 – Paragon Bank (OTCBB: PGNN.OB) today announced its 2017 second quarter financial earnings, reporting a net income increase of 15 percent over the second quarter of 2016. During the first six months of 2017, net income increased 33 percent compared to the first six months of 2016. Net interest income for the second quarter of 2017 was a record $3.5 million, which ...read more
Categories: Economic, Press Release, General News Article
Monday, July 31, 2017
MEMPHIS, Tenn., July 31, 2017 – Paragon Bank (OTCBB: PGNN.OB) has hired Sean Waybright as Vice President and Business Development Officer. Waybright reports to Charles Yorke, President of the Paragon Bank Small Business Capital Group, and is based in the group’s Denver office.  “With his commitment to the industry and desire to expand the small business community, Sean was an instant asset to the ...read more
Categories: Chamber, Community, Economic, General News Article, Press Release
Thursday, March 16, 2017
MEMPHIS, Tenn., March 16, 2017 – The Seam, a commodities trading and agribusiness software provider, today announced it is expanding operations in the Memphis area and will move to 3400 Players Club Parkway, part of the Southwind Office Plaza. The transition comes after the company’s announcement in January that it is working with IBM and cotton industry leaders to create a blockchain-based ...read more
Categories: Chamber, Economic, General News Article, Press Release

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