Place-based corporate hegemony: General Electric in Tell City, Indiana, 1943–1947

This paper examines the dynamics behind the selling of a federally owned World War II factory in Tell City, Indiana in 1946 and 1947. The federal agency charged with disposing of wartime plant, the War Assets Administration, reversed its decision to sell the factory to a small innovative company, Electra-Voice, selling it instead to the giant electrical equipment manufacturer, General Electric. What would make federal administrators who were part of a powerful liberal state apparatus committed to economic competition and anti-monopoly change their mind? The answer lies in what I call place-based corporate hegemony. Probing the material consequences of everyday action, place-based corporate hegemony revolves around the formation of alliances based on axiomatic values, the continued appeal of these values, the redistribution of symbolic and material resources, and the incorporation of threatening elements. Deploying a range of archival materials I show how the concerted efforts of the community, business organizations, politicians and unions as well as General Electric to question the initial decision forced the state to rethink and change its decision.