Crescent, Memphis- Transition Moving Nicely
Crescent Memphis, Tennessee's progress is moving along nicely. Currently, the facilities team is working diligently to get the facility build-out complete and isn't forecasting any major bumps. "The team is done there working on racking, Mike Dennis is working on the tech connections- we are looking good," said John Marietta.

Our Crescent, Memphis P1 Staffing is also running full force. We have a lot of things we are working on, right now we are building out the P1 Training matrix. We want to make sure we are getting everyone up to speed" said Patrick Ton.

Currently, we are interviewing for a Customer Relationship Manager, as well as interviewing all Crescent internal applications for Inventory and Quality coordinators to join the P1 team! We are weeks away from the start of production and excited to get started!

If you are interested in joining the P1 team, apply online at www.crescentpark.com/careers or contact your SPG to complete an internal transfer form.

Check IRS.gov for the latest information on Stimulus Checks: No action needed by most people at this time
The vast majority of people do not need to take any action to receive their stimulus check. The IRS will calculate and automatically send the economic impact payment to those eligible.
For people who have already filed their 2019 tax returns, the IRS will use this information to calculate the payment amount. For those who have not yet filed their return for 2019, the IRS will use information from their 2018 tax filing to calculate the payment. The economic impact payment will be deposited directly into the same banking account reflected on the return filed.

The CARES Act: Helping Our 401(K) Participants During the Coronavirus Crisis
Our CFO, Brett Clark has signed an agreement with Fifth Third to allow Crescent plan participants who have been impacted by COVID-19 (as defined by the CARES act) to be able to take a distribution from their plan, increased the amount of the distribution they may take, and delayed loan repayments and the RMD. 

If you have questions, please call Fifth Third 1-866-258-4777. 
These changes will go into effect 4/15/2020.

Tips for Surviving Market Volatility During COVID-19 Virus Uncertainty click here
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