Electrolux Home Products Inc

Summary

Electrolux Home Products received a combined $137,000,000 million through the Industrial Development Board of Memphis and Shelby County, and the Memphis and Shelby County Port Commission. The State of Tennessee provided $95 million, that was reviewed and approved by the IDB. The City and County provided $42 million, through a Port Commission Bond Issue, with the disbursement approved by the IDB.

Electrolux is a global leader in home appliances and appliances for professional use, selling more than 40 million products to customers in 150 countries every year.

Electrolux has a rich heritage of designing and building kitchen appliances in Europe, which have been used throughout fine homes and restaurants for more than 80 years.

Financing Amount:

$137,000,000

Projected Total Jobs:

1,240

Total Investment:

$195,000,000

Approved

1/12/2011