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· Conwood
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Jump to full article: Memphis (TN) Business Journal, 2009-09-02
Intro: The Memphis and Shelby County Industrial Development Board approved tax abatements for Conwood Company LLC to expand and relocate operations in the city and for Owens Corning Roofing and Asphalt LLC to add to its local manufacturing facility.
Conwood, a smokeless tobacco manufacturer, is planning to invest $116.2 million in its expansion and relocation. It will purchase a 787,500-square-foot building on 35.6 acres at 5106 Tradeport Drive for $19.2 million.
It also plans to spend $54 million on FDA requirements and preparing the building for manufacturing and $43 million on production equipment.
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