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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsElectrolux halts $250 million project in Springfield after Trump's tariff announcement
Way to go, DonSpringfield, Tennessee
After announcing in January a $250 million plant expansion in Springfield, Sweden's Electrolux reported Friday that its plans are now on hold.
Reuters first reported that the company, Europe's largest home appliance manufacturer, was delaying its Tennessee investment after President Donald Trump announced Thursday new tariffs on imported aluminum and steel.
Electrolux's investment plans included modernizing and adding 400,000 square feet to the Springfield plant, construction on which was slated to begin later this year
"Unfortunately, this decision gives foreign appliance manufacturers a cost advantage that is hard to compete against," Electrolux spokesperson Eloise Hale said in a statement to USA TODAY NETWORK - Tennessee.
Reuters first reported that the company, Europe's largest home appliance manufacturer, was delaying its Tennessee investment after President Donald Trump announced Thursday new tariffs on imported aluminum and steel.
Electrolux's investment plans included modernizing and adding 400,000 square feet to the Springfield plant, construction on which was slated to begin later this year
"Unfortunately, this decision gives foreign appliance manufacturers a cost advantage that is hard to compete against," Electrolux spokesperson Eloise Hale said in a statement to USA TODAY NETWORK - Tennessee.
https://www.tennessean.com/story/news/2018/03/02/electrolux-tennessee-springfield-plant-trump-tariff-aluminum-steel/391059002/
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Electrolux halts $250 million project in Springfield after Trump's tariff announcement (Original Post)
spanone
Mar 2018
OP
msongs
(67,394 posts)1. red states love trump and all the joy he brings. more traction for bredeson nt
spanone
(135,818 posts)2. and this is just one town in tennessee... i thought trump was all jobs, jobs, jobs...?
lame54
(35,284 posts)3. After all the money Monty Burns gave him
RainCaster
(10,865 posts)4. So much winning
I'm underwhelmed.
pazzyanne
(6,547 posts)5. The jobs president strikes again.