Whirlpool to Close Shanghai Plant

April 8, 2009
Company consolidates its operations in China

Whirlpool Corp. said it would close its washing machine manufacturing plant in Shanghai, eliminating around 600 jobs, as it consolidates its operations in China.

Production of washing machines will be moved to the company's Hisense-Whirlpool joint venture facility in eastern Zhejiang province, Whirlpool said on April 7.

The relocation to the joint venture factory, which also makes refrigerators, will create 900 jobs by the end of 2009. The company said the move would cut costs and lead to economies of scale.

"Whirlpool sees great potential in the Chinese market and in its consumers, and we believe these moves will enable us to speed up innovation," said Paulo FMO Periquito, president of Whirlpool International.

Whirlpool formed a joint venture last year with China's Hisense Kelon Electric Holdings Corp, in which each firm has a 50% stake, for the development and production of washing machines and refrigerators.

The company said in October it would take "substantial" steps worldwide to reduce costs and production capacity.

As part of the belt-tightening measures, Whirlpool announced the elimination of approximately 5,000 jobs from its global workforce by the end of 2009.

Copyright Agence France-Presse, 2009

Popular Sponsored Recommendations

Global Supply Chain Readiness Report: The Pandemic and Beyond

Sept. 23, 2022
Jabil and IndustryWeek look into how manufacturers are responding to supply chain woes.

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

How Manufacturers Can Optimize Operations with Weather Intelligence

Nov. 2, 2023
The bad news? Severe weather has emerged as one of the biggest threats to continuity and safety in manufacturing. The good news? The intelligence solutions that build weather ...

How Organizations Connect and Engage with Frontline Workers

June 14, 2023
Nearly 80% of the 2.7 billion workers across manufacturing, construction, healthcare, transportation, agriculture, hospitality, and education are frontline. Learn best practices...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!