Chris Woods News
This article originally appeared in the Commercial Appeal
Logistics company JNJ Express has filed two building permits worth $7 million to construct a truck service facility at its new Memphis headquarters in the abandoned Delta Square Shopping Center at 5000 American Way.
These permits follow a $6 million permit for constructing a truck shop and a $1.5 million permit for an inspection building at the site filed in May.
The company held a groundbreaking ceremony on the site in February after announcing expansion plans that include 610 new jobs.
The average employee will earn $65,410 annually with the lowest-paid workers — those in accounting, information technology, maintenance and in the warehouse — making about $50,000 per year. The majority of the jobs will go to drivers who will make about $70,000 per year.
It will cost the company about $20.5 million to transform the empty shopping center into its new headquarters. The company also plans to spend an additional $63 million on new trucks.
JNJ Express received a 15-year payment-in-lieu-of-taxes incentive worth $5.8 million to incentivize the expansion in Memphis.