Welcome to the Economic Development Growth Engine For Memphis and Shelby County x


  • Jobs Created:
    557 Retained
  • Capital Investment:
  • Generated Tax Revenue:
    $54 million

Valero will invest nearly $300 million in it’s Memphis facility to expand it’s operations and to retain its current workforce.

The 15-year PILOT will help the oil refinery build a new hydrogen plant, make cooling tower additions and improve tanks and other facilities at the 70-year-old facility at 543 W. Mallory.

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