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EDGE reports $1.1 billion in capital investment and hundreds of new jobs; council presses on local hiring

Memphis City Council · February 3, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Joanne Massey of EDGE told the council the agency supported roughly 752 jobs and more than $1.1 billion in capital investment in FY24-25 and cited 89 active pilot projects; Council members asked how EDGE will increase resident hiring and training access.

Joanne Massey, president and CEO of EDGE, told the Economic Development & Tourism committee on Feb. 3 that EDGEs FY24-25 outcomes show notable capital investment and job creation. "In fiscal year 24-25, EDGE supported 752 jobs created with an average annual wage of $74,984 and generated over $1,100,000,000 in capital investment across Shelby County," Massey said.

Massey described EDGEs three…

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