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Whirlpool may move more production to Mexico
Reuters ^
| 11-10-03
Posted on 11/10/2003 5:56:00 AM PST by Brian S
CHICAGO, Nov 10 (Reuters) - Whirlpool Corp. (NYSE:WHR - News), the largest U.S. appliance maker, said on Monday that it may move production of some refrigerators currently made in Arkansas to a new plant in Mexico.
Whirlpool said it will finalize details about the location, scale and costs of the new facility in early 2005.
Whirlpool said the Mexico plant will make its next generation of side-by-side refrigerators for Mexico's domestic and export markets in 2005.
The company, which makes Whirlpool, KitchenAid and other brands, said it was nearing completion of a $100 million investment in seven U.S.-based plants.
Whirlpool said it expects the investments to strengthen its position in a market "marked by intense competitive pressures and rising costs". (Additional reporting by Brad Dorfman)
TOPICS: Business/Economy; Extended News; Foreign Affairs; Mexico
KEYWORDS: manufacturing; whirlpool
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1
posted on
11/10/2003 5:56:01 AM PST
by
Brian S
To: Brian S
I buy American, so if whirlpool does not make what I want in America, I will buy another brand.
2
posted on
11/10/2003 5:57:24 AM PST
by
RiflemanSharpe
(An American for a more socially and fiscally conservation America!)
To: Brian S
I wonder how many jobs this will affect. Arkansas is not exactly in the top twenty for employment.
3
posted on
11/10/2003 6:01:45 AM PST
by
Lijahsbubbe
("I'm not going to have some reporters pawing through our papers We are the president." -Hilary)
To: Brian S
Very few could afford it in Mexico. Besides, if it's made with cheaper labor, that means Whirlpool will mark the price up here.
4
posted on
11/10/2003 6:02:01 AM PST
by
Dallas59
To: Dallas59
I'm not impressed with Mexican refrigeration I've seen.
To: Brian S
I attempt to only buy American (sometimes it is unknown where a product is produced). I will continue to only buy American.
HOWEVER
The more jobs they have over in Mexico, there will be less illegals or EXCUSES for illegals to be in this country "working".
Maybe whirlpool is a patriotic business after all...
6
posted on
11/10/2003 6:47:14 AM PST
by
Roughneck
(9 out of 10 Terrorists prefer Democrats, the rest prefer Saddam Hussein)
To: RiflemanSharpe; Brian S
What does "buy American" really mean when many, if not most, components are usually sourced from all over the world?
There is truly no such thing as an "American" "German" or "Mexican" product anymore due to global component outsourcing. The possible exception may be toys and textiles from China, as even electronics assembled in China contain components manufactured elsewhere.
7
posted on
11/10/2003 6:51:59 AM PST
by
Clemenza
(East side, West side, all around the town. Tripping the light fantastic on the sidewalks of New York)
To: Clemenza
That is true, but I will try my best to buy American assembled awith as many American parts as possible.
8
posted on
11/10/2003 6:56:39 AM PST
by
RiflemanSharpe
(An American for a more socially and fiscally conservation America!)
To: Clemenza
What does "buy American" really mean Well that depends on what the meaning of "is" is.
9
posted on
11/10/2003 7:01:24 AM PST
by
Jim Cane
("I've always lived twice." ~ Dr. Sarcophagus.)
To: RiflemanSharpe
I buy American, so if whirlpool does not make what I want in America, I will buy another brand.Maybe you ought to buy another brand of politicion instead.
One who understands WHY these companies leave and seeks to fix it.
10
posted on
11/10/2003 7:05:39 AM PST
by
Protagoras
(Hating Democrats doesn't make you a conservative.)
To: Protagoras
buy American, so if whirlpool does not make what I want in America, I will buy another brand.
Maybe you ought to buy another brand of politicion instead.
One who understands WHY these companies leave and seeks to fix it.
I think we all do.
11
posted on
11/10/2003 7:21:56 AM PST
by
RiflemanSharpe
(An American for a more socially and fiscally conservation America!)
To: RiflemanSharpe
Really? Then why are you helping perpetuate the problem instead of addressing it?
Attempting to punish companies who only seek to stay in business in the face of government blundering is a waste of time.
Pretending that companies who are stuggling with high taxes, government regulations and union coersion are somehow noble is wrongheaded.
12
posted on
11/10/2003 7:33:29 AM PST
by
Protagoras
(Hating Democrats doesn't make you a conservative.)
To: Protagoras
Really? Then why are you helping perpetuate the problem instead of addressing it?
Attempting to punish companies who only seek to stay in business in the face of government blundering is a waste of time.
Pretending that companies who are stuggling with high taxes, government regulations and union coersion are somehow noble is wrongheaded.
I disagree. I will continue to buy American and not to buy from companyies that do not make things in American.
13
posted on
11/10/2003 7:36:47 AM PST
by
RiflemanSharpe
(An American for a more socially and fiscally conservation America!)
To: RiflemanSharpe
So much for understanding the problem.
14
posted on
11/10/2003 7:37:35 AM PST
by
Protagoras
(Hating Democrats doesn't make you a conservative.)
To: RiflemanSharpe
(An American for a more socially and fiscally conservation America!) High taxes, abusive government regulations and support for coersive unions ain't conservative.
15
posted on
11/10/2003 7:40:24 AM PST
by
Protagoras
(Hating Democrats doesn't make you a conservative.)
To: Protagoras
So much for understanding the problem.
The problem I see is that there are alot of Americans out of work. Yes taxes and regulations are to high, and we need to lower them. But I will buy American no matter what.
16
posted on
11/10/2003 7:40:36 AM PST
by
RiflemanSharpe
(An American for a more socially and fiscally conservation America!)
To: Protagoras
(An American for a more socially and fiscally conservation America!)
High taxes, abusive government regulations and support for coersive unions ain't conservative.
Choosing to spend ones money on domesticly produced goods is not supporting these. It is supporting American jobs.
17
posted on
11/10/2003 7:42:19 AM PST
by
RiflemanSharpe
(An American for a more socially and fiscally conservation America!)
To: RiflemanSharpe
But I will buy American no matter what.He says as the national anthem plays in the background.
Feely good "solutions" to problems works for Democrats. They have the same ideas.
18
posted on
11/10/2003 7:43:44 AM PST
by
Protagoras
(Hating Democrats doesn't make you a conservative.)
To: RiflemanSharpe
Choosing to spend ones money on domesticly produced goods is not supporting these. It is supporting American jobs.Then why not pay $100,000 for a Ford? Think of all the American workers who would be rich!
19
posted on
11/10/2003 7:45:57 AM PST
by
Protagoras
(Hating Democrats doesn't make you a conservative.)
To: Protagoras
Choosing to spend ones money on domesticly produced goods is not supporting these. It is supporting American jobs.
Then why not pay $100,000 for a Ford? Think of all the American workers who would be rich!
There is not a ford for that price, the fords, dodges, jeeps, chevies are competatively priced. Besides it is no business of your who I chose to spend my money.
20
posted on
11/10/2003 7:48:07 AM PST
by
RiflemanSharpe
(An American for a more socially and fiscally conservation America!)
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