NYSE:WHRConsumer Durables
Did Whirlpool’s (WHR) US$60 Million Perrysburg Bet Just Redefine Its US Manufacturing Edge?
Earlier this month, Whirlpool Corporation announced it is expanding its U.S. manufacturing footprint by investing over US$60.00 million to convert a former solar panel plant in Perrysburg, Ohio into its 11th domestic factory, focused on washer and dryer components and expected to create 100–150 jobs over the next two years.
This expansion deepens Whirlpool’s already substantial U.S. manufacturing base, where about 80% of its major appliances sold domestically are produced, while leveraging...