Electrolux holds groundbreaking on Memphis facility

On October 6, 2011, in News 2011, by Mark Norris

Michael Sheffield, BizJournals.com
October 6, 2011

Electrolux Home Products Inc. broke ground on its $200 million Memphis manufacturing facility Wednesday during an event at Frank C. Pidgeon Industrial Park that was attended by several city, county and state officials.
Memphis City Mayor A C Wharton and Shelby County Mayor Mark Luttrell were joined by Electrolux North America CEO Jack Truong, City Council Chairman Myron Lowery, Tennessee Sen. Mark Norris and Lt. Gov. Claude Ramsey at the event, according to a Memphis Business Journal report. Memphis-Shelby County Airport Authority chairman Arnold Perl served as master of ceremonies.
The facility, which was announced last December, has received more than $150 million in incentives from the state, Memphis and Shelby County, including $40 million in bonds from the city and county, $92 million for infrastructure improvements, design, site preparation and construction costs and $5 million for infrastructure work pertaining to construction on the site.
Truong said the Memphis facility will be a major part of Electrolux’s North American operations. It is expected to create 1,200 jobs in Memphis and the company anticipates employing more than 4,000 people in Memphis and Springfield, Tenn. (where it has a manufacturing and research and development facility).
The plant will manufacture the company’s Electrolux ICON and Frigidaire built-in and specialty cooking products, including drop-in/slide-in ranges, wall ovens, specialty freestanding ranges and cooktops. At full capacity, the facility will manufacture 700,000 ovens a year.
The company will be shuttering a facility in Montreal, eliminating 1,300 jobs and shifting production to Memphis by 2012.

Comments are closed.