» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 127 | NO. 132 | Monday, July 09, 2012

Clinton Touts Business Cooperation in Horn Lake

By Bill Dries

Print | Front Page | Email this story | Email reporter | Comments ()

Former President Bill Clinton said political leaders could learn a thing or two about working together from business leaders during the opening of an electric car plant Friday, July 6, in Horn Lake.

Clinton shared the stage in the GreenTech Automotive plant with former Mississippi Gov. Haley Barbour before a group of 300 plant workers and political and civic leaders.

The plant is the base for a company that began as EuAuto in 2010 and was bought by a group of American investors and moved to the U.S. EuAuto was a Hong Kong-based company.

“Creative cooperation works. Constant conflict works only in politics – not in real life,” Clinton told the crowd. “We might think someday about making our politics work more like real life. That’s a story for another day.”

Terry McAuliffe, the chairman of GreenTech, is a close political ally of Clinton’s and a former chairman of the Democratic National Committee.

McAuliffe negotiated and worked with Barbour, a former Republican National Committee chairman, in making the decision to build the two facilities in North Mississippi.

GreenTech is still building a $60 million facility in nearby Tunica in addition to the plant in Horn Lake and another part of the process will remain in China.

“We bought it and moved it to America. They are all U.S.-made jobs,” McAuliffe said as Clinton shook hands along a rope line on the factory floor just a few feet away. “It’s a new technology. It’s not easy to start a car company. … We’ve got to have more manufacturing in the U.S.”

While McAuliffe talked about competing with China and the competition between that economy and the U.S. economy, Clinton talked about cooperation as well as competition.

“We are going to share the future with China. What we still have to decide is what kind of future we are going to share,” Clinton said.

Before the stop in Horn Lake, Clinton toured St. Jude Children’s Research Hospital in Memphis.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog Get more from The Daily News
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 398 6,982
MORTGAGES 147 635 12,879
FORECLOSURE NOTICES 22 117 2,924
BUILDING PERMITS 173 699 17,479
BANKRUPTCIES 65 340 7,151
BUSINESS LICENSES 19 101 2,343
UTILITY CONNECTIONS 72 452 9,380
MARRIAGE LICENSES 40 140 2,057

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.