FedEx Express CEO: $1B expansion will be 'transformational for Memphis'

Yesterday, an announcement heard round the state was made.FedEx Corp. finally revealed the dollar amount that would fund its planned Memphis Super Hub modernization plans: $1 billion.
The ceremony, held at the Signature Flight Support facility off Winchester Road Wednesday, March 14, was relatively low-key considering the number of zeros in the figure the company said it would invest in updates to its facilities — without state incentives. A FedEx plane as a backdrop, a small podium with a