On Tuesday, February 26, Tennessee Governor Bill Lee joined Memphis Mayor Jim Strickland, Shelby County Mayor Lee Harris, and other local and state dignitaries at the groundbreaking for JNJ Logistics.
JNJ Logistics is a transportation provider founded in Memphis in 1992. Today, the company provides brokerage services, shuttling and just-in-time delivery services in 48 states. JNJ Logistics operate terminals in Georgia and Florida and are pursuing locations west of the Mississippi. Operating a fleet of more than 450 trucks on the road serving customers such as FedEx, Amazon, UPS, Walmart, PepsiCo, Nestle, Frito Lay, Dillards, Bed Bath & Beyond, and McKesson, the company had outgrown its current facility and was exploring options outside of Memphis.
In July 2018, the EDGE Board awarded JNJ Logistics LLC a 15-year Expansion PILOT to encourage the company to invest $20.5 million at 5000 and 5050 American Way, retain 290 existing employees, and create 222 new jobs onsite within two years with an average salary of $65,410. The long vacant former Delta Square Shopping Center will be home to an operations center, vehicle maintenance facility, and on-site warehouse with cross-dock.
EDGE Staff projects $35,595,269 in local total tax revenues to be received during the PILOT term and an estimated $5,855,123 benefit to JNJ Logistics.