MEMPHIS – Tennessee Gov. Bill Haslam today joined FedEx Corp. Chairman and CEO Frederick W. Smith to announce the company is making a capital investment of more than $1 billion to modernize its Memphis hub and improve operational efficiency and reliability. The Memphis hub project includes construction of a new large sort facility and installation of state-of-the-art sort systems, construction of a bulk truck load building, and a new area to improve handling of the oversized shipments that have increased with the growth in e-commerce. Following plan approval, construction is expected to begin in 2019 and be completed by 2025.
Learn more about how Tennesseans are serving their fellow citizens through the work of state government.