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Tennessee prepares to sell $584M in bonds to fund various projects, including Electrolux:

The state of Tennessee plans to sell an estimated $584 million worth of bonds, the largest sale in the state’s history. The sale will use some of the proceeds to pay for new capital projects and infrastructure. These include economic development grants for Volkswagen in Chattanooga, Wacker Chemie in Bradley County, Hemlock Semiconductor in Clarksville and Electrolux in Memphis. According to a state news release, these projects are expected to create 4,650 new jobs, plus thousands more construction jobs and jobs in related industries. To continue reading, click here.