Ford Electric Vehicle plant: Potential challenges ahead
On one hand it's a good news that there will be new opportunities coming to Memphis with the new Ford Electric Vehicle plant.
I think it could potentially challenge the West Tennessee real estate market as it will need thousands of new homes and apartments for employees.
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@Jason Rhodewalt - Those are great questions. The plants will be near a small town called Stanton, TN (pop. 452) and will bring about 6,000 jobs (according to what the newspapers are telling us). I haven't heard about what type of rollout of employment is to be expected, but obviously with such rural areas we will see a increase in developments in the county and increase in demand of higher-end homes along hwy 79 towards Memphis.