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WHR Whirlpool Corp

95.56
1.05 (1.11%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Whirlpool Corp NYSE:WHR NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  1.05 1.11% 95.56 97.51 95.26 96.50 1,040,809 01:00:00

Whirlpool Corporation Completes Expansion of Manufacturing Facility in Argentina

29/11/2017 2:30pm

PR Newswire (US)


Whirlpool (NYSE:WHR)
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BENTON HARBOR, Mich., Nov. 29, 2017 /PRNewswire/ -- Whirlpool Corporation announced the completion of its manufacturing facility expansion in La Tablada city, located in Buenos Aires Province, Argentina. The development is part of a more than $20 million dollar investment plan, which began last year when the facility started manufacturing ranges. The facility will now also manufacture front load washing machines with Sense Inverter technology.

This investment will result in the addition of approximately one hundred new and three hundred indirect jobs.

"We're thrilled this significant facility expansion will help us bring the latest innovations to the Argentine market faster, and allow us to hire top talent," said Armando Valle Jr., Vice President of Whirlpool Latin America. "We're also proud to be part of a milestone in Whirlpool Corporation history, adding Argentina to the company's roster of facilities that already includes 70 manufacturing and technology research centers around the world."

This facility represents the completion of a two-year project to allow the company to bring its global platform and new innovation to this important market, and to customize those innovations to meet the needs of consumers in this region.  

About Whirlpool Corporation 
Whirlpool Corporation (NYSE: WHR) is the number one major appliance manufacturer in the world, with approximately $21 billion in annual sales, 93,000 employees and 70 manufacturing and technology research centers in 2016. The company markets Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, Jenn-Air, Indesit and other major brand names in nearly every country throughout the world. Additional information about the company can be found at WhirlpoolCorp.com, or find us on Twitter at @WhirlpoolCorp.

About Whirlpool Latin America
Whirlpool Latin America, leader in Latin America of major home appliances, markets across the region Whirlpool, Consul, Eslabón de Lujo, KitchenAid, Brastemp, Acros, Maytag and Jenn-Air. It has offices in Argentina, Brazil, Chile, Peru, Guatemala, Ecuador, Colombia, Miami and Puerto Rico, and reaches 47 countries through official distributors.

The company presents a complete portfolio of products -refrigerators, freezers, wine cellars, microwaves, stoves, ovens, hoods, washing machines, dryers and dishwashers- and a portfolio of brands with a high-profile design and innovation, in addition to traditional products, easy to use and durable.

Whirlpool was also chosen as a Preferred Brand by consumers according to Millward Brown in 15 countries in Latin America and the Caribbean. In Argentina, Whirlpool is part of the "Best Employers" list and "100 Companies with Best Reputation" list, a ranking published by Apertura Magazine.

Whirlpool Corporation (PRNewsFoto/Whirlpool Corporation)

View original content with multimedia:http://www.prnewswire.com/news-releases/whirlpool-corporation-completes-expansion-of-manufacturing-facility-in-argentina-300563503.html

SOURCE Whirlpool Corporation

Copyright 2017 PR Newswire

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