4 ms·
Memphis has slowly bled jobs for the past 60+ years, and we’ve been darn close to bleeding out since 2008. We’ve routinely lost corporate jobs to other headquar
by ethagknight 5y ago
Memphis has slowly bled jobs for the past 60+ years, and we’ve been darn close to bleeding out since 2008. We’ve routinely lost corporate jobs to other headquarter cities, we’ve had outright corporate theft from the city including Delta Airlines stealing Northwest Airlines, lying to Congress under oath by saying the merger would not hurt competition and they wouldn’t close the hub (it did, they did).
Not to say that Memphis “deserves” jobs, but other cities seem to get the government jobs handouts (namely, military or 3 letter mega-orgs), the big corporate “insider deals” due to better politicians and connections, and Memphis has been shut out de facto. The case for Memphis is just a phenomenal location within the US, excellent freights access via interstates, rail, FedEx super hub, and river, low cost of energy, cheap land and cheap labor. You would think this would mean something for corps looking to do business, but it’s been crickets.
This is tremendous news for the region.
- bluedino 5y agoFord should be making the plants in Michigan where it's based. They've shut down so many factories there over the last 30 years...
- b9a2cab5 5y agoWages are lower in the Deep South than they are in the Great Lakes area. Sometimes by a lot. That's why there's so many factories there - Boeing, VW, Toyota, etc.
- WorldMaker 5y agoA predecessor to Ford's Louisville Assembly Plant was one of the earliest Model T factories and Ford's Kentucky Truck Plant has nearly always been one of the largest truck plants in the company's portfolio. I'm sure Michigan is still important to Ford as well, but these aren't entirely new territories for Ford plants either.