Korean conglomerate to buy Mitsubishi plant, create 410 Memphis jobs

By , Daily Memphian Updated: December 13, 2019 2:24 PM CT | Published: December 13, 2019 9:36 AM CT

A Korean company will make an $87 million investment and establish its first presence in the U.S. in Memphis.

Bluff City Biz

Sign up to get the latest news and analysis from our Business team.

Manage Your Email Subscriptions

Topics

economic development Employment Mitsubishi Electric Power Products Hyosung Heavy Industries
Tom Bailey

Tom Bailey

Tom Bailey covers business news for The Daily Memphian. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He's worked in journalism for 40 years and has lived in Midtown for 36 years.


Comment On This Story

Become a subscriber to join the discussion.
Bluff City Biz

Sign up to get the latest news and analysis from our Business team.

Manage Your Email Subscriptions