- Associated Press - Saturday, June 27, 2015

MEMPHIS, Tenn. (AP) - Nike showed off a new $276 million expansion of its facility in a northern suburb of Memphis.

Nike executives and local and state politicians gathered Friday to unveil the North American Logistics Campus, which is now nearly three million square feet.

The company began operations at the site in 2008. The recent expansion added about 1.7 million square feet, The Memphis Commercial Appeal reported (http://bit.ly/1GDG5sB ).

The expansion was good news for the Frayser neighborhood where it is located. The neighborhood experienced an extended economic downturn after International Harvester and several other factories such as Firestone closed their doors for good in the early 1980s.

“If you think about the world’s great brands, Nike is one of them,” said Tennessee Governor Bill Haslam. “And when Nike makes their largest investment outside of Oregon right here in Memphis, Tennessee, it helps our brand.”

Eric Sprunk, Nike’s chief operating officer, says the center will play “a critical role in the evolution” of Nike’s brand.

Nike officials say the facility was built to process up to 271 million units per year.

Officials credited Memphis’ intermodal capabilities as a major reason for choosing to invest in Memphis.

“We can send product via truck, via rail, via air or even port,” said Marcus Buford, general manager of the Memphis facility.

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Information from: The Commercial Appeal, http://www.commercialappeal.com

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