Electrolux Springfield Campus Hosts Job Fair to Fill More than 200 Positions

The Electrolux company is hosting a job fair in Springfield, Tennessee on January 29, from 10 A.M. to 2 P.M. In a release shared with The Tennessee Star, it listed multiple incentives for joining the company, including starting pay up to $21 an hour, up to a $2,000 sign-on bonus, full benefits on day one and room to advance within the company. The fair will be held at 866 Bill Jones Industrial Drive, Springfield TN.

The statement included the company would be “modernizing our 48-year-old plant by investing more than $250 million to expand production and manufacture amazing new cooking products.”

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Tennessee’s Electrolux Disaster ‘The Worst Such Deal’ in State History, Financial Expert Says

The decision to give away more than $100 million in corporate welfare to lure Electrolux to set up shop in Memphis was so bad it was “the worst such deal in Tennessee history,” according to Bloomberg.com. In an article released this week, the national financial news website held nothing back criticizing the deal. As The Tennessee Star reported last month, Electrolux officials announced they will shut down their Memphis plant sometime next year, despite taking all that money from Memphis, Shelby County, and the Tennessee governments eight years ago. The Memphis Electrolux plant employs about 530 people, all of whom will likely lose their jobs when the plant closes. Despite that, Bloomberg said this disaster still won’t stop other government entities from handing out even more subsidies in the future. Bloomberg opinion columnist Joe Nocera interviewed Tennessee Department of Economic and Community Development Commissioner Bob Rolfe for his piece. “When I mentioned to Rolfe the idea — much favored by academics and journalists — that perhaps communities should stop offering subsidies to lure (or keep) companies, he laughed,” Nocera wrote. “That would be unilateral disarmament,” Nocera quoted Rolfe as saying. Nocera then opined that “it’s foolish to think that subsidies…

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Electrolux of Memphis, which Took More Than $100 Million in Corporate Welfare, Calls it Quits

Electrolux officials announced Thursday they are shutting down their Memphis plant sometime next year, even though they took more than $100 million in corporate welfare from the city, county, and state governments eight years ago. The Memphis Electrolux plant employs about 530 people, all of whom will likely lose their jobs when the plant closes, according to The Memphis Commercial Appeal. In a press release, U.S. Rep. Steve Cohen, D-Memphis, said the “Swedish appliance maker failed to live up to its job-creation promise.” “I’m very disappointed that the employees of Electrolux learned today that Memphis’ economic development investment in one company’s future apparently won’t pay off,” Cohen said. “The company’s abandonment of Memphis will mean potential financial hardship for its employees and suppliers, and should result in more careful review of promises made by corporations about local job creation in the future.” Electrolux officials plan to consolidate all U.S. cooking manufacturing into an expanded facility in Springfield, Tennessee, according to The Commercial Appeal. The article not did specify why Electrolux officials are pulling out of Memphis, but it did cite unnamed company officials complaining about “challenges they face in today’s global economy.” Tennessee officials announced in 2011 that Electrolux would…

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