Whirlpool opens $52 million plant in Argentina
BENTON HARBOR, Michigan — Whirlpool Corp. on Oct. 21 announced the opening of its new $52 million production plant in Argentina.
Joao Carlos Brega, Global VP and President of Whirlpool Latin America, led the opening event in Fátima, within the district of Pilar, with national, provincial and municipal authorities in attendance.
“With more than 30 years in Argentina, Whirlpool has become known as one of the main appliance brands in the country. Now, we seek to be the largest exporter in our industry from the country. Our success is the product of constant and continuous work in research, development and innovation, with a focus on offering the best products to our consumers,” said Carlos Brega.
Exports and jobs
The growth in capacity positions Whirlpool Corp. to become Argentina’s largest exporting company of household appliances, with the capability to finish a washing machine approximately every 40 seconds. It is expected that two thirds of what is manufactured will be exported to Latin America — primarily to Brazil — and generate an annual revenue of more than $50 million. The new plant will create 300 new jobs directly and is expected to also create more than 600 indirect jobs.
“The opening of this plant is a key step in the process of industrial growth of the company in this country. We continue to grow as a leading brand committed to national industry and to the generation of quality employment,” said Martín Castro, director of business for the South Region in Whirlpool Latin America.
Whirlpool has five plants in Ohio, including one in Clyde that produces more than 20,000 washing machines per day, or one every 3.8 seconds.
This article originally appeared on Fremont News-Messenger: Whirlpool opens $52 million plant in Argentina
