The Memphis Regional Chamber of Commerce recently announced some of the results of its economic development efforts for 2007. In 2007, the Chamber saw more than $422 million in investment in the region with more than 3,000 net jobs created.
2007 saw Nucor Steel make significant investments. Nike expanded their local operations by more than one million square feet. Riviana Foods consolidated their southern operations here in Memphis at their facility off Mallory. Belgium company, Tigenix, located in Memphis. American Medical Depot company selected Millington for their new location. The Depot is expected to create 500 new jobs and have a $12 million investment. These are just a few of the great economic development successes that occurred in our region in 2007.
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