Whirlpool to Invest $60M in Ohio, Adding 150 Jobs

Whirlpool Corporation will invest $60 million to build a new production facility in Ohio, creating up to 150 new jobs by 2026.

"This investment is a testament to our commitment to American manufacturing and the skilled workforce in Ohio," a Whirlpool spokesperson said in a statement.

The new state-of-the-art facility is part of the company's broader strategy to enhance its U.S. manufacturing operations. The specific location in Ohio and the product lines were not yet disclosed.

The $60 million investment reinforces Whirlpool's domestic supply chain and could provide a competitive edge against rivals like Samsung and LG Electronics.

For investors, this expansion signals confidence in long-term demand and a commitment to controlling production costs. The market will watch for further details on the plant's specific output and its impact on Whirlpool's (WHR) margins.

This article is for informational purposes only and does not constitute investment advice.