Memphis Business Journal Article: MLGW in talks to purchase Smith & Nephew facility for HQ move from Downtown to Cordova $31.4 million dollar purchase on today's board meeting agenda for local utility MLGW. Deal to close by end of year if approved.
Only S&N could lose $$$ on a sweetheart deal they made buying the HQ complex like 10 years ago for pennies on the dollar. The complex is impressive and the med ed facility the nicest I've ever seen and way nicer than bigger companies like Stryker and Zimmer. They should have moved all the other ortho divisions to Memphis and made it a true HQ. They could have saved a fortune and Memphis would have rolled out the red carpet to get more jobs. Stupid people making stupid decisions...nothing new.
