Electrolux (MN)

Company Chief Executive
Alan Shaw
Corporate Headquarters
10200 David Taylor Dr Charlotte, NC, 28262 United States

Closure Date
2019
Number of Jobs Lost
 1100

Closure Locations
Memphis, TN Kinston, NC St. Cloud, MN Anderson, SC.
Moving to Right to Work State
Yes

Noteworthy Information
In 2017, Anderson County, South Carolina approved of incentives of $228 million dollars. In addition, the company must maintain 1,200 jobs in Anderson County with an average hourly rate of $16.00 per hour for employees.
Financials

Profile Details

Electrolux last month announced it will close its St. Cloud facility which makes Frigidaire brand freezers, causing 900 people to lose their jobs. Production will be shifted to a plant in Anderson, SC. The company has stated that employees will be eligible to apply for jobs at other Electrolux facilities. Electrolux is currently investing $500 million to modernize its facilities in South Carolina and Springfield, TN. Under various owners, freezer manufacturing has been performed at this location in St. Cloud since 1946. The plant in St. Cloud had already been downsized twice, in 2015 and 2016, when the production of certain lines of freezers was stopped. Electrolux, based in Sweden, is the world’s second-largest appliance maker, after Whirlpool, and has owned Frigidaire since 1986.