Electrolux re-examined: 'Our incentive package would look very different'

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State and local economic development officials say the $200-plus million deal that brought Electrolux to Memphis wouldn’t get done today — at least not the same way. In Feb. 1 interview, Tennessee Economic and Community Development (TNECD) commissioner Bob Rolfe said the 2010 Electrolux deal would not have included the $97 million in guaranteed, unprotected state incentives if done in the present climate. The company also received $40 million in Memphis and Shelby County bonds and a PILOT...

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