Memphis continues to be the beneficiary to big announcements from major corporations intent on growing and developing new operations in Memphis.  With the announcement this week of 275 additional long term jobs, those who are investing in Memphis real estate have have 275 more reasons to smile!

Swedish appliance maker Electrolux announced a deal this week with Memphis City and Shelby County leaders to build a 700,000 square foot manufacturing facility in Memphis that will be fully operational by 2012.  The new facility will employ 1,200 workers and it's suppliers and offshoot companies will add an addtional 2,000 jobs to the Memphis area.  For Memphis real estate investors, news like this is music to our ears.

Two Tennessee companies announce that they could be adding as many as 250 jobs to the Memphis area with  an average salary of $42,500 plus benefits if all goes as planned.

For real estate investors who buy properties in Memphis for investment, this is fantastic news that only adds to Memphis' already attractive investment picture.