This week’s posting calls attention to two good stories from NPR on manufacturing in America, where it’s going and how this affects the Midwest. Both focus on Electrolux, the global corporation based in Sweden which has had an outside impact on industrial life in the Midwest.
Both stories are by a reporter named Andrea Hsu. The first, which is good news, more or less, tells about the opening of an Electrolux factory in Memphis, Tennessee. It will create a lot of jobs, 1,200 of them, most of them shifted from a plant near Montreal, in Canada. The job descriptions which Electrolux has posted on the web don’t give salaries, but Hsu says they’ll be about one-third less on average than the $19 per hour it’s been paying workers in Montreal.
Memphis and Tennessee offered Electrolux a package of $188 million in subsidies and incentives (also called bribes) to move to Memphis. That works out to about $156,000 per worker for each job created. That figure is about five times the average wage. In other words, Tennessee taxpayers have picked up the first five years of Electrolux’s payroll there.
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