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.


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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.