Memphis incentives

Memphis Mayor Wharton is on the defensive from a few critics of the Mitsubishi and Electrolux incentives. The CA has it.

Incentive for McKesson

The Memphis-Shelby County IDB has voted approval of a payment in lieu of taxes (PILOT) incentive to McKesson Corp., making the action the first time the incentive has been used in an effort to retain existing jobs. The future of the company's presence will remains uncertain, some months. The CA reports. The IDB also voted incentives for American Esoteric Laboratories.

Biz-retention incentives in Memphis

Memphis City Council voted to allow the local industrial development board to use tax incentives to keep, as well as recruit businesses. The CA reports.

VW supplier tax break

Gestamp, a major supplier to Volkwagen at Chattanooga, will get a 14-year tax break, according to Chattanoogan.com.