ServiceMaster's pricey new digs

Fox News in Memphis is reporting that ServiceMaster, parent company of TruGreen ChemLawn, Terminix and Merry Maids is building a new $122 million headquarters two miles from the FedEx World Headquarters in Memphis. The company announced this past fall that it was moving its headquarters from Downers Grove, IL, (Chicago), to Memphis, which has been the site of its residential services business for several decades. Fox News says the move will bring about 500 new jobs to Memphis.