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Electrolux Touts Local Contracts:

Electrolux North America executives said the company has awarded $6.3 million of the $15.3 million in contracts so far for construction of its new Memphis plant to local minority-owned firms. Overall, $14.5 million of that $15.3 million total has been awarded to local companies. The $6.3 million in minority contracts went to five companies, four of them in Shelby County and the fifth in the Memphis metropolitan statistical area. The entire manufacturing project, which takes in more than the construction of the plant in southwest Memphis, is $266 million. Electrolux has said it will contribute more than $100 million of that in capital spending.  To continue reading, click here and also here.