News for Economic

Congratulations to Staff Management | SMX on their 35th year of being in business!  Read about their journey and accomplishments at the link below. Staff Management is Tennessee's expert in contingent workforce management across all industries and sectors. They provide proven results led by powerful solutions, operational expertise, always driven by customer satisfaction.  PRESS ...read more

Campbell Clinic Receives “Center of Excellence” Distinction Held by Only 5 Orthopaedic Groups in the Nation  (Memphis, TN) – Castle Connolly recently named Campbell Clinic as a Center of Excellence, a distinction held by only twenty-six medical practices and five orthopaedic groups in the entire nation. Campbell Clinic is the only orthopaedic group outside of the Northeast to receive this ...read more

MEMPHIS, Tennessee, November 8, 2022 – International Paper (NYSE: IP) today announced OHMEGA® Conductive Ink + Touchcode™, its latest technology that provides a new dimension to brand protection in the packaging industry. The benefits of OHMEGA® Conductive Ink + Touchcode™ include the quick and easy activation through the end user’s phone’s browser, without the need for a camera or separate app; ...read more

Memphis-based agtech leader now working with all three peanut shelling plants opened in last seven years MEMPHIS, Tennessee, May 13, 2021 – The Seam, a leading provider of food and agribusiness software and commodity trading solutions, today announced that Coastal Growers and Tifton Peanut Company have entered into multi-year agreements for its cloud-based, peanut management platform. Owned by a ...read more

Memphis, Tenn., September 16, 2020 – Paragon Bank (OTCBB: PGNN.OB) today announced that its Outlook 2020 Memphis Economic Study will be available for download on Thursday, September 17. The survey will offer insights into local consumer confidence, how it has changed within the past year, and how the COVID-19 pandemic affects those sentiments.  “We knew that with the unprecedented challenges we ...read more

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

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

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

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

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

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