FedEx Logistics moving global HQ to downtown Memphis in $47M project

About 660 FedEx Logistics employees will soon occupy the Gibson Guitar Factory building in Downtown Memphis. The large FedEx subsidiary, run by Greater Memphis Chamber chairman Richard Smith, announced the expansion Tuesday morning, alongside state and local officials. The move comes as part of an overall investment of more than $40 million and represents a massive increase in FedEx’s Downtown presence, which had been quite light compared to the company’s size. FedEx Logistics has 19,000 employees; of those, 323 current, Shelby County employees will move to the new office, and 339 will be new hires or employees relocated here from another state over a five-year period, according to the company’s application with the Economic Development Growth Engine (EDGE) for Memphis & Shelby County. Memphis Business Journal

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Author: Matthew Randle