Corporate HQ »

Over the past two years, Memphis has been chosen as the location for two of the nation's largest companies. In 2005, International Paper relocated its global headquarters from Stamford, CT to Memphis. In 2006, ServiceMaster announced the relocation of its corporate headquarters from Chicago to Memphis. These great companies joined others like FedEx and AutoZone and have discovered the advantages of calling Memphis home.

Did you know:

• FedEx employs over 30,000 Memphians.
• Corporate real estate rates in Memphis are some of the lowest in the nation.
• Memphis' low cost of living and low taxes means corporate workers have more money in their pockets.
• Memphis International Airport offers close to 300 flights per day and close to 90 direct flights.

Corporate & Divisional Headquarters Location Factors

• Major Air Hub – Memphis International Airport is the #1 U.S. Hub for On-Time Flights
• Low cost of living – 9% below the national average and lower than Nashville, Atlanta, Indianapolis, Charlotte, Dallas, or Louisville.
• Central Location – reducing travel time and costs, and increasing proximity to customers
• Telecommunications support services and IT workforce
• Quality of life
• Business climate – including lower corporate and personal taxes
• Low operation costs
• Large number of colleges & universities as well as other life-long learning opportunities

Corporate Shared Services Centers

An increasing number of companies are turning to the concept of "shared services" to lower operating expenses and gain competitive advantage. With our low cost of real estate, plentiful universities and training facilities, and extremely low cost of living, Memphis is the ideal location for corporate office, back-office and shared corporate service facilities.

Memphis offers the perfect environment for these types of facilities and shows strength in the following areas.

• Financial shared services centers: These frequently include accounts payable, accounts receivable, general ledger, travel and entertainment expense, purchasing, and other financial and accounting activities.
• Human resources shared services centers: These commonly include payroll, compensation and fringe benefits, and general human resources administration.
• Information technology shared services centers: Typically included in these centers are computer help-desk functions, vendor-relations management, and overall IT administration.
• Hybrid shared services centers: These may combine elements of financial, human resources, and IT shared services as well as other corporate support activities, such as real estate facility management and legal services.

Over the past few years a large number of the Fortune 1,000 have increased their corporate office presence in Memphis.

Fortune 1000 companies Headquartered in memphis
rank	Company	Type	revenue
68	Federal Express	Package Delivery Services	32,294.0
93	International Paper	Paper & Pulp Manufacturing	24,186.0
384	AutoZone	Automotive Parts	5,984.4
534	ServiceMaster	Consumer Products	3,948.0
575	First Horizon National Corp.	Financial Services	3,496.0
742	Mueller Industries	Metals	2,510.9
897	Thomas & Betts	Electric Components	1,868.7
929	Fred's	General Merchandise	1,767.2