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10 to Watch: Gibson Companies

The following is a feature from the Memphis Crossroads 10 to Watch issue. Click here to view all issues of Memphis Crossroads.

You can’t guarantee what the future holds, but you can make some educated guesses by watching who’s on the move. The months ahead are looking particularly bright for these 10 local companies who have been laying the groundwork and are now poised to enjoy an exciting 2016. 
 
This is a great mix of organizations: seasoned and brand spanking new, from a fresh storefront enterprise to a firm aiming for $2 billion in sales — and every one of them focused and passionate. You’ll notice in each is a shrewd ability to see a need that isn’t being met and get ahead of it. You’ll also see those essential qualities that make a company worth looking at: innovation, anticipation and preparation. 
 
There are many reasons to cheer on Memphis as a great town for business. Here are 10 of them. 




The multi-faceted Gibson Companies have long been fascinating to watch, and 2016 looks to hold even more developments. For 24 years, CEO J. W. Gibson has shown how to identify an unrealized market and then fill the need. He started in his mother’s house creating a medical supply company (Premier Group), then set up Southeast Regional Development Corp. to redevelop neighborhoods and later added Tec-Print to do printing of lottery tickets.

The mixed bag of enterprises are all about one thing: “We’re trying to create true economic development as a whole,” Gibson said. “I try to create win-win scenarios. Look at each business and you’ll find something pioneering in the community that gives opportunities.”

His interest in Memphis history (“It’s rich and often overlooked”) spurs his projects in Victorian Village and on Beale Street. Fading addresses have gotten new life, including the James Lee House (a first rate bed and breakfast), the New Daisy (“booking like crazy” in partnership with Live Nation Entertainment), the Chisca Hotel into apartments mixed use, and the renovation of 380 Beale.

Coming up will be more activity in Victorian Village and continued attention to the arts, such as Gibson’s backing of Hattiloo Theatre. “We’ve been actively involved in trying to elevate cultural life and awareness for more than 25 years,” he said. “We want to grow the economy and give back to it at the same time. When you get commitments to improvement, these things can happen.”


Story by: Jon W. Sparks
Photo by: Troy Glasgow
Posted: 4/20/2016 3:10:26 PM | with 0 comments
Filed under: 10, Chisca, Companies, Crossroads, Gibson, Hotel, Memphis, to, Watch



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THE M BLOG
The latest news from the Greater Memphis Chamber. For more information, contact Director of Communications Christina Meek at (901) 543-3504 (cmeek@memphischamber.com) or Communications Specialist Jenny C. Fish at (901) 543-3558 (jfish@memphischamber.com).

 

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