MEMPHIS, Tenn. — Swedish appliance maker Electrolux said Thursday it plans to stop production within two years at its factory in Memphis, Tennessee, while investing $250 million in a separate facility in the state. The Stockholm-based maker of Frigidaire products said it is consolidating all U.S. cooking manufacturing into its facility in Springfield, Tennessee. The company had said in March that it was putting its plant expansion in Springfield on hold, citing President Donald Trump’s tariff announcement as the reason. Springfield is about 30 miles (about 50 kilometers) north of Nashville. Electrolux said production at the Memphis facility is expected to continue through 2020. Buttressed by about $150 million in financial incentives from Memphis, Shelby County and the state of Tennessee, the company opened its Memphis factory in 2014 with the goal of producing 600,000 ovens annually, while employing 1,200 workers. When it opened, the factory was viewed by local politicians as a long-term job producer. But critics decried the incentives, which came at a time when Memphis was experiencing budget problems. About 530 people currently work at the Memphis factory, company spokeswoman Eloise Hale said. “We are very committed to supporting our Memphis teammates and are announcing these changes… Read full this story
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