Tax incentive approved for first Memphis automaker in 63 years

By , Special to the Daily Memphian Updated: March 18, 2021 8:17 AM CT | Published: March 17, 2021 4:41 PM CT

Mullen Technologies received tax break in return for hiring 434 people, investing $362 million and becoming the first company to make cars in Memphis since the Ford plant closed in 1958.

Topics

mullen technologies Economic Development Growth Engine (EDGE) electric vehicles Southwind
Tom Bailey

Tom Bailey

Tom Bailey retired in January as a business reporter at The Daily Memphian, and after 40 years in journalism. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He has lived in Midtown for 36 years.