Whirlpool to cut 1,100 jobs, shut plant in Indiana
Whirlpool Corp. announced Friday that it will close its refrigerator factory in Evansville, Ind., by next year and cut 1,100 jobs as it continues a push to trim excess capacity.
Whirlpool said it will move the production of refrigerators with freezers on top to a company location in Mexico, where they are cheaper to produce. Ice makers produced in Evansville will be moved to a yet-to-be-decided location.
The jobs will be eliminated in mid-2010. The Benton Harbor, Mich.-based appliance maker has aggressively cut costs as demand for big-ticket items has shrunk in the recession.
Posted by: Fred 2009-08-29 |