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spanone

(135,818 posts)
Sat Mar 3, 2018, 01:14 AM Mar 2018

Electrolux halts $250 million project in Springfield after Trump's tariff announcement

Way to go, Don

Springfield, 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.


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
red states love trump and all the joy he brings. more traction for bredeson nt msongs Mar 2018 #1
and this is just one town in tennessee... i thought trump was all jobs, jobs, jobs...? spanone Mar 2018 #2
After all the money Monty Burns gave him lame54 Mar 2018 #3
So much winning RainCaster Mar 2018 #4
The jobs president strikes again. pazzyanne Mar 2018 #5
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