Lee to make first economic development announcement in Memphis?

UPDATE: An updated public schedule  has the governor attending an “economic development announcement” in Memphis at 11 a.m. on Tuesday. The location for the announcement is outside the old Gibson Guitar building on South B.B. King Boulevard.

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The Daily Memphian reports Gov. Bill Lee is expected to make his first economic development announcement in Memphis on Tuesday.

Speculation surrounds whether the announcement will have to do with FedEx Logistics and a potential move into the Gibson Guitar building downtown.

Shelby County lawmakers were told Monday by Lee’s office there will be an announcement in Memphis on Tuesday morning, the news site learned.

FedEx’s possible plans for the Gibson building came into discussion after the sold it in 2017. But the company issued a statement in November to say “FedEx Trade Networks can confirm it is no longer considering the Gibson Guitar Factory building as a potential option for relocation of its headquarters.”

FedEx Logistics currently has corporate offices in East Memphis and around the  area.

 

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