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Stock impact report

Whirlpool to lay off over 300 at Iowa plant as Machinists try to save jobs [Yahoo! Finance]

Whirlpool Corporation (WHR) 
Last whirlpool corporation earnings: 4/30 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
This story was originally published on Manufacturing Dive . To receive daily news and insights, subscribe to our free daily Manufacturing Dive newsletter Whirlpool plans to lay off 341 employees at its manufacturing facility in Amana, Iowa, beginning March 9, according to a Worker Adjustment and Retraining Notification post on the state's workforce development agency. The impacted workers are represented by Local Lodge 1526 of the International Association of Machinist and Aerospace Workers union, according to the company's WARN letter dated Feb. 17. The appliance manufacturer will move production to Whirlpool's facilities in Mexico, Sam Cicinelli, IAM's general vice president of the Midwest territory, said during a press conference on Wednesday. In an emailed statement on Thursday, Whirlpool said the Amana plant is “a vital part” of its manufacturing footprint. “Our recent announcement is part of a multi-year modernization plan that will transform the plant into a dynamic Show less Read more
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