Blackburn, Rose and Green mix it up over hockey and power outages
Also in the political roundup, Tim Burchett at Lincoln Day, xAI surfaces at Democratic mayor’s forum, Henri Brooks on reasons to run and the shape of the new County Commission.
There are 17 article(s) tagged Electrolux:
Also in the political roundup, Tim Burchett at Lincoln Day, xAI surfaces at Democratic mayor’s forum, Henri Brooks on reasons to run and the shape of the new County Commission.
A future cloud computing hub — at the site of a another development that never panned out — is among the topics on “Behind The Headlines” a reporters’ roundtable.
The facility could be worth billions of dollars and be one of the most advanced computing sites in the world.
Phoenix Investors acquires and renovates former manufacturing facilities nationwide. The vacant Memphis Electrolux plant is next on its list.
The company will host a recruiting event Jan. 30 to find new, full-time employees.
Officials hope a prospective sale of Mitsubishi Electric Power Products plant in Memphis will preserve majority of jobs.
Workers at Electrolux Memphis cooking appliance factory have a reprieve of up to nine months on a previously announced closing date. Electrolux said it will stay open through June 2021.
Swedish appliance manufacturer Electrolux has voluntarily terminated its tax incentive agreement with Memphis and Shelby County in advance of the planned closing of the Memphis plant closing next year.
Electrolux trimmed its Memphis factory's workforce by more than half during 2018, during the runup to a surprising Jan. 31 announcement it would shut down in Memphis in two years.
Memphis Mayor Jim Strickland says a month ago, Electrolux executives assured him their Memphis plant would stay open and even expand to include new product lines. With word of the plant closing in 2021, he told The Daily Memphian Politics Podcast the city, county and state "overpaid" in terms of incentives.
More than 30 people attended Wednesday's County Commission committee meeting to speak out against a proposed gravel pit.
Despite plans to shut down in two years, Electrolux scored more than enough points to stay in compliance with terms of its tax abatement agreement with Memphis and Shelby County.
State Rep. G.A. Hardaway is planning to introduce a bill requiring companies that receive economic recruiting incentives to prove they're meeting job commitments or face penalties.
Electrolux's surprise move to close its Memphis plant in two years, idling 530, ignites debate over what can or should be done about incentives that were poured into the plant.
Shelby County Assessor Melvin Burgess said Friday he will place Electrolux back on tax rolls and is calling on city and county officials to take steps to recover some $5 million in taxes the company has saved since 2011.
Swedish appliance maker Electrolux announced Thursday it will shut down a Memphis factory in 2020 while investing $250 million in a facility in Springfield, Tennessee.
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