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Major Employers

Memphis is home to thousands of companies large and small, including multiple major corporations that have been bringing jobs and innovation to our city for decades. A rich tradition of entrepreneurship combined with Memphis’ business climate has helped many small companies grow to major global players, discovering along the way that Memphis is a place where talent and business growth can thrive. The companies below are some key employers in the Mid-South who have a great reputation for workplace environment.

Major Employers

Major Employers

FedEx is Memphis’ largest private employer, employing 30,000 people and ranked 58th on the 2016 Fortune 500. FedEx has held its corporate headquarters in Memphis since 1973.

A prime central geographic location and mild weather that rarely caused closures at Memphis International Airport made the move ideal for FedEx, in addition to the airport’s work to make necessary improvements for the operation.

Since Federal Express Corporation was first listed on the New York Stock Exchange in 1978, FedEx has evolved and grown from a package courier to a highly diversified entity offering an array of services through its family of companies.

International Paper (NYSE: IP), headquartered in Memphis since 2005, is a leading global producer of renewable fiber-based packaging, pulp and paper products with manufacturing operations in North America, Latin America, Europe, North Africa and Russia. IP produces packaging products that protect and promote goods, and enable world-wide commerce; pulp for diapers, tissue and other personal hygiene products that promote health and wellness; papers that facilitate education and communication; and paper bags, cups and food containers that provide convenience and portability. IP employs approximately 55,000 colleagues located in more than 24 countries. Net sales for 2016 were $21 billion.

AutoZone is the nation’s leading retailer and a leading distributor of automotive replacement parts and accessories. The chain opened its first retail store in Forrest City, Arkansas on July 4, 1979. Their stores carry an extensive product line for cars, sport utility vehicles, vans and light trucks. Ranked 278th on the 2017 Fortune 500, AutoZone is opening more stores per year than any other retail auto parts chain in the nation.

AutoZone had sales exceeding $10.6 billion in fiscal year 2016, and has more than 5,900 stores across all fifty U.S. states, Washington, D.C., Puerto Rico, Mexico, and Brazil. AutoZone employs 85,000 people or “AutoZoners,” globally, including more than 2,000 in the Memphis metro area.

Major Employers

ServiceMaster Global Holdings, Inc. (NYSE: SERV) is a leading provider of essential residential and commercial services, operating through an extensive service network of more than 8,000 company-owned locations and franchise and license agreements. The company’s portfolio of well-recognized brands includes American Home Shield (home warranties), AmeriSpec (home inspections), Furniture Medic (furniture repair), Merry Maids (residential cleaning), ServiceMaster Clean (janitorial), ServiceMaster Restore (disaster restoration) and Terminix (termite and pest control). Based in Memphis, Tennessee, ServiceMaster serves residential and commercial customers through an employee base of approximately 13,000 company employees and a franchise network that independently employs an estimated 33,000 additional people. 

St. Jude Children’s Research Hospital is internationally recognized for its pioneering research and treatment of children with cancer and other life-threatening diseases. The hospital has played a pivotal role in pushing overall U.S. pediatric cancer survival rates from 20 to 80 percent. Founded by the late entertainer Danny Thomas, St. Jude is the first and only National Cancer Institute-designated Comprehensive Cancer Center devoted solely to children. St. Jude is also a leader in research and treatment of life-threatening blood disorders and infectious diseases in children. St. Jude currently has more than 3,700 employees and in 2015, announced a $7 billion dollar expansion plan that will expand both their patient services and their research efforts.

Fortune 1000 Companies Headquartered in Memphis

RankCompanyTypeRevenue
58FedExPackage Delivery Services45,567,000,000
127International PaperPaper & Pulp Manufacturing23,617,000,000
280AutoZoneAutomotive Parts9,475,313,000
819ServiceMasterDiversified Outsourcing Services4,461,600,000
942Mueller IndustriesMetals2,364,227,000

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