October 18-24, 2013, Vol. 6, Issue 43 DINING WEEK TIGERS REVEL IN ADDS LUNCH TOUGH SCHEDULE The fourth annual For the first time in Downtown Dining »years, the University Week will be celebrated of Memphis isn’t favored Nov. 17-23. This to win its conference; year, for the first the Tigers are projected time, participating to finish third in the restaurants will add a new American Athletic lunch menu. • P. 1 8 Conference. • P. 1 4 SHELBY • FAYEttE • Tipton • Madison COMMUNITY OASIS Memphis Botanic Garden turns 60 with big projects on horizon P. 1 6 ndrew J. Breig) J. ndrew A (Memphis News/ Students from Faith Christian School take part in the Memphis Botanic Garden’s pond ecology class, one of many activities at the 60-year-old garden. NEXAIR OPENS TATTOOS TAKE DOWNTOWN LAB CENTER STAGE NexAir has opened a This weekend’s Tattoo 4,000-square-foot lab Convention has drawn and training facility on artists from across the Walnut Street. • P. 1 0 country. • P. 7 WEEKLY DIGEST: PAGE 2 INKED: PAGE 8 SMALL BUSINESS: PAGE 13 LAW TALK: PAGE 24 EDITORIAL: PAGE 30 A Publication of The Daily News Publishing Co. | www.thememphisnews.com 2 October 18-24, 2013 www.thememphisnews.com weekly digest Get news daily from The Daily News, www.memphisdailynews.com. Wright Medical to Buy THE MEMPHIS NEWS | almanac list for the company, which is the parent French Biotech Firm of First Tennessee Bank. First Horizon was Memphis-based Wright Medical recognized for developing mobile banking OCTOBER 18-OCTOBER 24, 2013 Group Inc. announced Wednesday, Oct. services that keep pace with the changing This week in Memphis history: 16, it has an agreement to buy the French preferences of business customers. company Biotech International for $75 The InformationWeek 500 tracks the >> 2012: Case Management, a provider of outpatient case management ser- million. information technology practices of the vices for the mentally ill, bought the four-story, circa-1973 airport area office Biotech is a privately held manufac- nation’s most innovative IT organizations. turer of surgical implants and advanced building at 3171 Directors Row for $1.3 million from Directors Memphis LLC, a fixation technologies that deal with frac- company based in Tacoma, Wash. Electrolux to Donate tures. In the case of Biotech, its devices are primarily in the extremities market. Appliances in Memphis >> 2008: Poag & McEwen revised its plans for the latest phase of the Saddle In this case, that market is for European Electrolux will donate $100,000 in Creek lifestyle center in Germantown to take out a planned lake and shaving devices for feet and ankles. cooking appliances and products to low- an acre of land from it to bring it to 35 acres and an estimated $250 million Preliminary terms of the acquisition income Shelby County residents, just in project. Wednesday were $75 million to be paid time for the busy holiday season. at closing of the deal, with $55 million of The company, which recently >> 1983: On the front page of The Daily News, new figures from state eco- that in cash and the remaining $20 mil- completed construction on its nomic development officials showed manufacturing investments of $725.4 lion in Wright common stock. 750,000-square-foot Memphis manu- million in the state during the first three quarters of the year. The 81 new The terms also include up to $5 mil- facturing facility, will deliver Frigidaire plants over the nine-month period was the most since 1978 for Tennessee. lion in cash if Biotech reaches agreed-up- Gallery double-oven ranges and Frigidaire The manufacturing investments accounted for nearly all of the $825.4 million on revenue goals in 2014 and 2015 once it countertop microwaves to Neighborhood in manufacturing and nonmanufacturing investment for the nine months. is owned by Wright. Christian Center on Thursday, Oct. 24, for Biotech will spin off its dental busi- distribution to low-income Shelby County And Robert L. Childers became president of the Memphis Trial Lawyers As- ness before closing, which is anticipated families. sociation. Childers is currently a Circuit Court Judge. by the end of this calendar year. The company will make a similar do- nation in Charlotte, N.C., where Electro- >> 1973: Steve Miller Band played the Auditorium North Hall First Horizon Honored lux North America has its headquarters. For IT Practices Zachary Kerr, chief program officer for >> 1963: Dedication of the new Sterick Building North at Third Street and Neighborhood Christian Center, said the Court Avenue, built by the owners of the Sterick Building, Herbert Humphreys Memphis-based First Horizon Na- donation will help fill a large need. and Robert Galloway. The north building remains today a 10-story building tional Corp. has been again named to the “Many people request appliances with a 400-car parking garage topped by a 120-unit motel. At its opening the InformationWeek 500 list of the nation’s from the Neighborhood Christian Center, most innovative users of business tech- especially ovens,” said Kerr. “The high motel was a Holiday Inn. nology. level of requests means that we often run It’s the fifth straight appearance on the out of ovens. This generous donation will WORLD-CLASS CANCER CARE IN MEMPHIS. For over three decades, The West Clinic has been a leader in the ght against cancer in the Mid-South. Recently, we joined forces with Methodist Healthcare and The University of Tennessee Health Science Center to create the West Cancer Center — an innovative partnership that provides even more resources, expertise, technology and research here in Memphis. Now you can ght cancer at home, stay near the doctors you know and be with the people you love. It’s a winning combination. With the West Cancer Center in your corner, you have all the advantages of home ghting on your side. World-class cancer care is here at home. Memphis Fight OnSM lets you see the remarkable stories of those who are ghting cancer. Watch their stories, or share one of your own, at MemphisFightOn.com. MemphisFightOn.com www.thememphisnews.com October 18-24, 2013 3 Get news daily from The Daily News, www.memphisdailynews.com. weekly digest help to meet this need; we are honored to Federal dollars account for about half ney general. The measure, sponsored by The package delivery company said receive this gift.” of the state’s annual $32.8 billion budget. council member Lee Harris, targets “tax that the new repurchase authorization J.B. Hunt Transport Inc. volunteered to A Fitch analysis of all 50 states re- dead” or “tax limbo” properties in which augments the remaining 7.4 million deliver the cooking products. leased earlier this year concluded that owners owe much more in back property shares under its existing buyback pro- Shelby County residents in need of Tennessee’s debt ratio was the lowest in taxes than the property is worth. The state gram. FedEx repurchased 2.8 million an oven or microwave should contact the the nation. Attorney General’s office is being asked to shares in its fiscal first quarter. The com- Neighborhood Christian Center hotline Higher bond ratings means lower issue a legal opinion on the program. pany had 317 million outstanding shares at 881-6013. Applicants will need to interest rates on borrowing for the state. as of Sept. 30. provide proof of homeownership for an FedEx to Buy Back Last month FedEx reported that its oven donation and proof of homeowner- U of M Law School Hosts first-quarter profit climbed 7 percent. The ship or rental agreement for a microwave Up to 32 Million Shares company also announced that it would donation; a Tennessee state ID or driver’s Admissions Workshop FedEx is planning to buy back up to 32 raise prices on many U.S. shipments in license; their most recent pay stub or SSI The University of Memphis Cecil C. million shares of its common stock. January. statement; and a vehicle to transport the Humphreys School of Law will host an appliance. admissions workshop and recruitment fair next week. MAAR Recognizes The event on Tuesday, Oct. 22 ,from 5 p.m. to 8 p.m. is free and open to the Long-Serving Members public. OK, now that The Memphis Area Association of Re- The school’s pre-law adviser and the altors has honored more than 20 industry dean of admissions from the law school you have this baby... professionals with the Realtor Emeri- will co-present the admissions work- tus designation. The Realtor Emeritus shop from 5 p.m. to 6 p.m. Then from 6 designation recognizes individuals who p.m. to 8 p.m., representatives from six it’s not about you any more. have held successive membership in the law schools will be available to talk to National Association of Realtors and a lo- interested students about their respective cal association for 40 years. schools. This year’s honorees, recognized In addition to Memphis, the schools Wednesday, Oct. 16, are: Russell “Rusty” include the University of Tennessee, Uni- Bloodworth, Bebe McWater, Edith Barlow, versity of Mississippi, Mississippi College, Gary Blume, Wanda Bowen, Sue Ruby, Baylor University, and Belmont University Mark Halperin, Charles Callis, Jerry Da- School of Law. Other representatives from vidson, Nell Wade, Roger Watkins, William the University of Memphis will also be “Bill” C. Irby, Jeanne Lubiani-Carnes, Da- available to talk to students interested in Go to TUCI.org for a copy of the Parents Guide to Kindergarten Readiness. vid Peck, Kathleen Pender, Nick French, the joint- and dual-degree programs. James R. Maddox Jr., Myra Quinley, Robert Interested students should make res- B.