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Electrolux: On-track with local commitment

Electrolux has awarded more than $72 million of the $80 million construction contract associated with the new cooking products manufacturing facility to be built in Memphis.

Electrolux has awarded more than $72 million of the $80 million construction contract associated with the new cooking products manufacturing facility to be built in Memphis.

With less than 10 percent of the remaining dollars yet to-be awarded, Electrolux says it is well on-track to meet commitments to the local and minority and women-owned business communities.

“These results continue to underscore the Electrolux and Yates commitment to Memphis and Shelby County,” said Project Director Jacob Burroughs of Electrolux Major Appliances, North America. “We are working with Mayors (AC) Wharton (Jr.) and (Mark H.) Luttrell (Jr.)to ensure our investment in Memphis is responsive to the needs of the community. We look forward to working with the city, county and state in the years to come.”

Wharton said he was pleased with Electrolux’s progress given that the bulk of local spending is going to Shelby County companies and with $24 million already awarded to minority- or women-owned businesses.

“As the project continues to move forward, I’m confident we’ll hear more good news for local companies, local residents, and the local economy,” said Wharton.

“We’re encouraged many locally-owned small businesses will be part of the Electrolux operations plan. Strengthening the business economy in Shelby County continues to be our top priority,” said Shelby County Mayor Luttrell.

Construction of the plant continues on-schedule with full manufacturing operations expected in 2014.

Current economic impact


Electrolux intends to spend more than 50 percent of the $80 million construction contract locally, with Shelby County expected to receive the vast majority of contract dollars.

To-date, $72 million of the $80 million construction contract has been awarded.

Of the $72 million awarded thus far, 89 percent (nearly $64 million) was awarded to local companies, the vast majority to companies in Shelby County.

Also, 33 percent of the $72 million awarded, or $24 million, was awarded to local minority and women-owned businesses.

Minority and women-owned companies awarded contracts are (contracts awarded since January 17, 2012 are in bold):

• CDA, Inc. (located in Shelby County)

• MIG Construction Services (located in Memphis MSA)

• MJ Construction/Sidle Construction Joint Venture (located in Shelby County)

• SMS Contractors (located in Shelby County)

• South Memphis Fence (located in Shelby County)

• Interior Focus Inc. (located in Shelby County)

• Waterproofing System Inc. (located in Shelby County)

• Three Point Graphics (located in Shelby County)

• Metal Products Co. (located in Shelby County)

• Gipson Mechanical (located in Shelby County)

• Shelby Electric with A1 Electric/Allied Electric (located in Shelby County)

• Brighter Days and Nites (located in Shelby County)

• Medford Roofing (located in Shelby County)

• Dannix Painting (located in Memphis MSA)

 

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