Electrolux's Memphis Plant Proceeding Despite High Construction Bids
Sep 16, 2011
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Bids for the construction of a new Electrolux cooking appliances plant in Memphis, TN, are coming in at $30 million more than expected, but Electrolux intends to proceed with the plant, according to a report in the Memphis Commercial Appeal.
The article said land costs may be the primary reason for the higher-than–expected bids.
Article author Amos Maki quotes a Sept. 2, 2011 letter from Electrolux to Shelby County Mayor Mark Luttrell and Memphis Mayor AC Wharton, in which Electrolux said it "looks forward to continuing" its relationship with the city and county.
The article, citing George Little, city chief administrative officer, said talks with the company were ongoing and that Electrolux may end up putting the plant on a different piece of property, possibly one adjacent to its original planned sight, in the Pidgeon industrial park, apparently as a cost-saving measure.
Electrolux's Caryn Klebba said in September that the company is still expecting to hold a groundbreaking ceremony, perhaps as soon as October. Full production should start in 2014.
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