FORT SMITH, Ark. — The Whirlpool Corp. is moving jobs and another one of its production facilities overseas.
The company announced Friday that it will move its ice maker line to China.
The announcement comes less than two months after Whirlpool announced that it plans to move much of the work on its refrigerator lines to Mexico.
The production will not be moved for at least another year, the company said.
From thehometownchannel.com
WARSAW, April 2 (Reuters) – U.S. appliance maker Whirlpool (nyse: WHR – news – people) will invest 100 million euros ($123 million) over two years in expanding its white-goods plant in the south-west city of Poland, the company said on Friday.
While long time rival Electrolux may be faring a little better by reporting an increase in profits, Whirlpool has reported a huge forty six percent drop in profits for the first quarter’s trading.
A Whirlpool spokeswoman said yesterday that the company will lay off 440 workers, or more than 20 percent of the work force, at its Middle Amana plant. Whirlpool spokeswoman Jill Saletta says the layoffs are the result of sagging market conditions. The company informed workers of its plans on Thu…