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Billion-Dollar Investment, Private industry makes large contributions to local economy in 2011

Wednesday, January 18, 2012   (0 Comments)
Posted by: Marco Coelho
Source: The Daily News Memphis
By Andy Meek

2011 was a billion-dollar year for Memphis and Shelby County.

Last year, private businesses poured almost $1.2 billion in capital investment into the city and county, a figure touted Tuesday, Jan. 17, as a major accomplishment for the area at a time of prolonged strain in the local, state and national economy.

That total was announced Tuesday by Greater Memphis Chamber president and CEO John Moore [TN, '09], Memphis Mayor A C Wharton Jr. and Shelby County Mayor Mark Luttrell.

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