IMC Companies Proceeds with Plans for New Collierville Headquarters
(Memphis, TN) – IMC Companies, a national leader in intermodal logistics, has been approved for a PILOT (Payment-in-Lieu-of-Tax) for its planned 75,000-square-foot corporate headquarters in Collierville, Tennessee. The three-story facility will be located in the office development area of Schilling Farms and is scheduled to be completed in the summer of 2021.
“We are excited about being in Collierville,” said Mark H. George, Chairman of IMC Companies. “This move will have tremendous value to our team members and their work environment.”
The new location offers easy access to walking trails, community centers, restaurants, shopping and a host of other amenities that will enhance quality of life for IMC Companies’ employees.
An estimated 152 jobs will be transferred to Schilling Farms. IMC Companies is the largest marine drayage company in the United States. The company was founded in Memphis in 1982.
“We’ve always been a growth-oriented company,” said George. “We’ve doubled in size every five years and plan to remain focused on expansion.”
IMC Companies has engaged Linkous Construction as builder and Fleming Architects to design the new facility. The project will generate an estimated 500 construction-related jobs with a total construction payroll of $5 million. The total capital expense for the new facility is estimated at $18.3 million. To read the full article, visit The Memphis Chamber.
Posted: December 31, 2019