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News for Economic

Friday, July 10, 2020
HOLLYWOOD FEED KEEPS PET OWNERS EDUCATED ONLINE VIA HOLLYWOOD FEED UNIVERSITY   (Memphis, TN) – Hollywood Feed recently launched Hollywood Feed University, a pet wellness education resource for pet owners and pet professionals. Virtual classes are currently available free of charge on topics including pet nutrition, physical and emotional wellbeing, behavioral issues, training techniques and ...read more
Categories: Community, Education, Human Interest, Chamber, Economic, General News Article, Press Release
Wednesday, July 01, 2020
MEMPHIS-BASED LIFESIGNS PERFORMING COVID-19 ANTIBODY TESTING Local clinic provides next business day results with 100% accuracy rate (Memphis, TN) – Lifesigns, a Memphis-based, prevention-focused physical exam clinic, recently began performing COVID-19 antibody testing. This testing is free with all private insurance plans, and results are returned to the patient the next business day. For ...read more
Categories: General News Article, Human Interest, Papers/Research, Press Release, Chamber, Community, Economic, Education
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, Economic, General News Article
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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