Memphis, Tennessee — According to state and local development sources, FedEx plans to invest $220,000,000.00 to build out 1,309,268 square feet of new space in Memphis. The company plans to occupy the new space at 2777 Sprankel Ave in Memphis, on or about October 1, 2024. According to the company website FedEx connects people and possibilities through our worldwide portfolio of shipping, transportation, e-commerce and business services. We offer integrated business applications through our collaboratively managed operating companies collectively delivering extraordinary service to our customers using the expertise and reliability represented by the FedEx brand. Our people are the foundation of our success, and FedEx has consistently ranked among the worlds most admired and trusted employers. We inspire our global workforce of more than 575,000 employees to remain absolutely, positively focused on safety, the highest ethical and professional standards, and the needs of their customers and communities. We owe our success as an industry leader to the more than 500,000 global team members who deliver exceptional customer service experiences day-in and day-out.

To learn more about FedEx, visit http://www.fedex.com/

Company Contact:
Frederick Smith, Chief Executive Officer
https://www.linkedin.com/in/richard-w-smith/
901-818-7500

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