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As Busiest Day in History Nears, Fedex Changes Course in Hopes of Saving Money Page 18 December 7-13, 2012, Vol. 5, Issue 50 21 Community 16 Sports The sculptor who built Don Wade the 7,000-pound work in looks the lobby of the National » Civil Rights Museum at the past more than 20 years ago week’s stellar was in town to supervise performances its move to storage. from the Tigers’ Geron Johnson and the STARRY, STARRY NIGHT: “First Tennessee Starry Nights” at Shelby Farms Park, which features more than 2.5 Grizzlies’ Zach SHELBY • FAYEttE • TiptON • MadisON million lights, is open every night through the end of December. Page 7 Randolph. TIMELY delivery As busiest day in history nears, FedEx changes course in hopes of saving money PAGE 18 Photo illustration: Emily Morrow 14 Small Business “Momtrepreneurs” are a new breed of moms starting businesses with the needs of families in mind. These entrepreneurs deal with everything from product concept to production logistics to creative marketing tactics. WEEKLY DIGEST: PAGE 2 real EState: PAGES 22-23 laW talK: PAGE 24 SMALL BUSINESS: PAGE 26 EDITORIAL: PAGE 34 A Publication of The Daily News Publishing Co. | www.thememphisnews.com 2 December 7-13, 2012 www.thememphisnews.com weekly digest Get news daily from The Daily News, www.memphisdailynews.com. US Unemployment Aid Before the storm hit on Oct. 29, appli- to incubate their ideas, which will directly joins Sullivan Branding with 12 years of cations had fluctuated this year between impact growth and opportunity. We are just experience in the field, including her time Applications Drop to 370K 360,000 and 390,000. They topped 400,000 one of many success stories that will come as with Memphis Mayor A C Wharton Jr.’s office The number of people seeking U.S. for most of last year. That has coincided a result of these coordinated efforts.” as communications manager and with The unemployment aid fell sharply last week as with only modest declines in the unemploy- Memphis Flyer as senior editor. a temporary spike caused by Superstorm ment rate. Hensey will provide oversight to client Sandy has faded. Weekly applications have strategies and internal team management fallen back to a level consistent with mod- Two Way Diner Files Permit for hospitality, tourism and banking cli- est hiring. For Cooper-Young Locale ents. Before joining Sullivan Branding, she The Labor Department said Thursday Restore Medical Solutions managed accounts at GS&F and the Buntin that applications dropped 25,000 last week Raises $2.5 Million A new concept called the Two Way Diner Group in Nashville. Hensley has worked to a seasonally adjusted 370,000. is under way for the Cooper-Young district, with accounts in the hospitality, financial, Unemployment aid applications spiked Restore Medical Solutions, a local startup in the space that was once the Two Way Inn restaurant and retail industries for 12 years. a month ago after Sandy shuttered business- that went through the inaugural season of restaurant. Moore will use her experience with es in the Northeast. Applications jumped to accelerator program ZeroTo510, has closed A $150,500 building permit application vendor management, quality control and 451,000 in the week ended Nov. 10. People on its Series A funding round by raising $2.5 was recently filed with the city-county Of- pricing negotiation to guide each step of can claim unemployment benefits if their million. fice of Construction Code Enforcement for the production process. She brings 22 years workplaces are forced to close and they The investors are Innova and MB Ven- a renovation and addition to the existing of practice in financial, casino and service aren’t paid. tures, with Innova taking the lead. building at 752 S. Cooper St., owned by industries, with past work at Harland Clarke, Some analysts were encouraged by how Restore, which was launched by Shawn Charlie Ryan of Central Cooper Gateway Inc. Mailnet Services Inc. and Vector Graphics. quickly applications have returned to pre- Flynn and Ryan Ramkhelawan, has invented Gilluly and Associates LLC is listed as storm levels. Pierre Ellis, an economist at a modular surgical tray and method that the contractor. Decision Economics, said the rapid drop increases speed and efficacy in reprocessing suggests companies are quickly re-hiring sterile surgical instruments. Green Ballast Installs workers displaced by the storm. Rebuilding “Memphis has been very good to us and Lighting for Tenant in Lenox and repair efforts could also be creating has a tremendous amount of resources, Sullivan Branding jobs, he said. which everyone throughout the community Adds Three New Hires Healthcare Trust of America Inc., a The report is “a positive development for and the country needs to know about,” said Scottsdale, Ariz.-based Real Estate Invest- the labor market, which appears to be recov- Restore president Flynn in an email to The Memphis-based creative agency Sullivan ment Trust, has completed a lighting ret- ering from the temporary effects of Sandy Daily News. “Memphians should be proud to Branding has added three new members rofit equipped with Memphis-based Green more rapidly than originally anticipated,” know that the leaders of this state, both pri- to its team. Mary Cashiola has joined the Ballast Inc.’s patented daylight harvesting Joseph LaVorgna, an economist at Deutsche vate and public, are taking a proactive stance agency as corporate communications man- fluorescent light ballasts for a Fortune 500 Bank, said in a note to clients. in job creation and economic development. ager, Becky Hensley as account director and pharmaceutical tenant in Lenox Office Park, The early impact of Sandy can still be “BioWorks, Launch Tennessee and Seed Fran Moore as production manager. a seven-building, 72-acre office park in the seen in the four-week average. It rose to Hatchery are just a few examples of entities Cashiola will write internal and em- 385 office submarket. 408,000 last week. that are available for the public to utilize ployee communications for clients. She Green Ballast’s ballast is a direct replace- TRUST EXPERIENCE Beth Bell, Senior VP Paulette Bukauskas, VP George Pappas, President Kristen Sears, VP Brent Westbrook, AIF® , VP Trust Officer Auditor Trust Officer Trust Operations Manager Business Development Since 1998 Since 2001 Since 1996 Since 2003 Since 2001 You need investment guidance you can trust because your legacy and personal finances demand it. Argent has roots tracing back to 1930 and has been serving the Memphis area since 2009. Come see one of our professionals who, with decades of experience, can help you or your organization plan for your current and long term financial needs. Give us a call today at 901.767.3103 to find out how Argent Trust can help you design the right investment management plan for you, your family, your company, or your institution. 6075 Poplar Avenue, Suite 702 • Memphis, TN 38119 • 901.767.3103 www.thememphisnews.com December 7-13, 2012 3 Get news daily from The Daily News, www.memphisdailynews.com. weekly digest ment for the existing “standard ballast” and Land Use Control Board for consideration LEO Events formed in August following average growth that companies saw in 2009 adjusts power consumption for each light- under the resolution. the merger of Memphis-based Destination and 2010, shortly after many laid off workers ing fixture, while measuring and harvesting But council attorney Allan Wade advised King, founded by Cindy and Kevin Brewer in to cut costs during the Great Recession. And available daylight to calculate and provide council members they couldn’t take the 2002, and Quiddity Entertainment, started it’s below the long-run growth of 2.2 percent only the amount of needed electricity for action at least until the Memphis Housing by Kent Underwood in Chattanooga in 2006. a year dating back to 1947. proper lighting. Authority acts on an urban renewal plan. The Green Ballast in November announced MHA plan will be for the much larger area commercial real estate developer Belz En- including Foote Homes that the city wants terprises is installing vapor tight fluorescent to redevelop under the 20-year Heritage Lyons Named Interim CEO Growth of US Service Firms fixtures with Green Ballast’s light ballasts Trails plan. Of Memphis Symphony Accelerated Last Month in a Downtown structured parking garage The larger plan has drawn questions facility. from other redevelopment agencies within Al Lyons has been tapped to serve as the U.S. service companies grew at a slightly the area, but not because of the controversy interim CEO of the Memphis Symphony faster pace in November because sales over the future of Foote Homes. Agencies Orchestra. and new orders rose, a good sign for the like the Downtown Memphis Commission He’ll serve in the position until a CEO economy. Oil Drops on Outlook have said they want to know more about search that’s now in progress is completed. The Institute for Supply Management For Europe Economy Wharton administration plans to make the In addition to formerly working with said Wednesday that its index of non-man- larger area a tax increment financing zone the Bodine Co. as chief financial officer and ufacturing activity rose to 54.7 from 54.2 in The price of oil is dropping after the to capture property tax revenue for the re- president, Lyons has been involved as leader October. Any reading above 50 indicates European Central Bank predicted a bleak development costs. in arts organizations including the Memphis expansion. November’s figure is above the year ahead for the region’s economy but Such revenues are an integral part of tax Brooks Museum of Art, where he served as 12-month average of 54.4. stopped short of offering new measures to breaks and incentives including payments- interim director from 2007 to 2008 and was The report measures growth in a broad boost growth.
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