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Tennessee Department of Economic and Community Development: FedEx Announces Additional $450 Million in Memphis Hub Investment
August 02, 2019
MEMPHIS, Tennessee, Aug. 2 -- The Tennessee Department of Economic and Community Development issued the following news:

Today, Tennessee Governor Bill Lee joined FedEx Corp. officials to announce the company is making an additional $450 million investment to the $1.1 billion Memphis Hub modernization project previously announced in March 2018.

The investment will now exceed $1.5 billion over the next six years to facilitate construction of a new sort facility, installat . . .

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