Electrolux Names Construction Contractor | Business
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Electrolux today named WG Yates & Sons Construction as its general contractor for the construction of its new North American Cooking Products manufacturing center in Memphis. Yates will be responsible for the management of the $80 million construction project.
In addition, the company announced that more than 50 percent of the $80 million construction spend would go to Memphis-area firms, with a minimum of 15 percent going to minority and women-owned area businesses. Electrolux originally committed to spend $30 million with local firms, and this represents a 50 percent increase in local spending. The company has already spent $5 million with 10 other local firms.
Electrolux and Yates will soon meet with Memphis Mayor A C Wharton and Shelby County Mayor Mark Luttrell to determine how to further maximize local participation. Additional subcontractors will be named in the coming weeks. Electrolux plans to build a world-class facility, designed to utilize advanced manufacturing processes and is expected to be fully operational by 2014.
Information and image provided by Electrolux North America.
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