BENTON HARBOR, Mich.,
Dec. 8, 2016 /PRNewswire/
-- Whirlpool Corporation announced the transformation of a
logistic center that the company currently owns into a new
manufacturing facility in La Tablada City, located in Buenos Aires Province. The announcement was
attended by Francisco Cabrera,
Argentinean Production Minister, and other government officials.
This new facility will generate 300 direct and indirect jobs
in the country.
"With this investment, we reaffirm our commitment to
Argentina's industry
growth," said William
Custodio, Vice President for Whirlpool Latin America. "We're
proud to be a part of the community in La Tablada and produce two
of the three main home appliance categories."
The new manufacturing lines will produce cooking ranges and
washing machines and are equipped with the latest technologies,
allowing the company to bring Whirlpool Corporation's purposeful
product innovations to consumers. These innovations include
appliances sized to accommodate big and small home spaces, as well
as products with digital and electronic controls that allow users
to set a specific time to turn appliances off.
"It's an honor for us to manufacture our products in
Argentina," said Pablo Feresini,
South Cone Director for Whirlpool Latin America. "We are committed
to developing products that distinguish our brands to the
world."
"The innovation and growth of local industry is the basis of the
public agenda for the economic development of the country,"
explained Francisco Cabrera,
Argentinean Production Minister.
Cooking ranges manufactured at the new facility will be
comprised of more than 90% national components. To achieve this,
the company will implement a program with 25 local suppliers in
Argentina.
About Whirlpool Corporation
Whirlpool Corporation (NYSE: WHR) is the number one major
appliance manufacturer in the world, with approximately
$21 billion in annual sales, 97,000
employees and 70 manufacturing and technology research centers
throughout the world in 2015. The company markets Whirlpool,
KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, Jenn-Air,
Indesit and other major brand names in nearly every country
around 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 mayor 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, in addition, Whirlpool is part of
the "Best Employers" list and "100 Companies with Best Reputation"
list, a ranking published by Apertura Magazine.
Whirlpool Corporation Additional Information
This press release contains forward-looking statements regarding
facility production and employment expectations. Actual events or
results may differ materially from those statements as a result a
many factors. For information about the factors that could cause
such differences, please refer to our Annual Report on Form 10-K
for the year ended December 31, 2015,
as updated by subsequent periodic reports, including the
information set forth under the caption "Risk Factors."
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SOURCE Whirlpool Corporation