Wright Medical planning to relocate after selling its hip and knee business

Wright Medical Group Seeks Tax Breaks to Relocate to Memphis (Memphis Daily News)
Arlington-based Wright Medical Group Inc. is seeking tax freezes to retain 225 jobs, add 35 new jobs and invest $10.6 million into a new headquarters on Cherry Road in East Memphis.
The Economic Development and Growth Engine for Memphis and Shelby County has called a special board meeting Wednesday, Aug. 7, to consider the company’s request for a 15-year payment-in-lieu-of-tax incentive.
EDGE said the project would create $19 million in new tax revenue for Memphis and Shelby County. EDGE said the average salary o...