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

Forgot your password?
Skip Navigation LinksHome >
VOL. 125 | NO. 243 | Wednesday, December 15, 2010

It’s Official: Electrolux Coming to Memphis

BILL DRIES & ANDY MEEK

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

With a mock kitchen as a backdrop, Tenn. Gov. Phil Bredesen and state economic development commissioner Matt Kisber made the formal announcement that Electrolux, a Swedish manufacturer of appliances, will build a $190 million manufacturing plant in Memphis.

Construction will begin in early 2011. The completion date is the fourth quarter of 2013, but the transition to Memphis for the facility from a Montreal plant that is closing will begin in mid 2012.

The formal announcement of the move, which will bring 1,200 jobs with it, was made at the Greater Memphis Chamber annual luncheon Wednesday.

Memphis Mayor A C Wharton Jr. said the negotiations with Electrolux, which were code named Project Journey, began two months ago and moved rapidly.

"We really scrambled on this," he said after the luncheon. "This is one of the most intense efforts I've ever been involved in. Anytime we made a promise, I was able to point to the individual who would be able to deliver on that promise."

As Wharton and Bredesen and other leaders were speaking on the kitchen set at The Peabody hotel, Electrolux executives in Charlotte confirmed the move in a written statement.

The Memphis plant in the Frank C. Pidgeon Industrial Park of southwest Memphis will make Electrolux and Frigidaire brand ranges, wall ovens and cook tops.

The 700,000-square-foot Memphis plant will be built on 800 acres of land. The city and county mayors will seek $20 million from each local government for public infrastructure, including roads into the industrial park. The state of Tennessee is putting up another $92 million for infrastructure and facilities at the industrial site.

The average wage for workers at the plant will be $13.50 an hour plus benefits.

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


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 312 16,192
MORTGAGES 86 293 18,685
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 332 655 33,126
BANKRUPTCIES 50 237 10,737
BUSINESS LICENSES 26 112 5,198
UTILITY CONNECTIONS 0 127 11,344
MARRIAGE LICENSES 19 94 3,867

Weekly Edition

Issues | About

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