
Whirlpool's Brazil unit says company will cease production in Argentina

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Whirlpool's Brazilian unit announced it will stop production in Argentina, where it has a plant in Pilar. This decision aligns with the company's strategic focus on operational efficiency and resource allocation. Import, commercialization, and distribution in Argentina will continue unaffected. Previously, Whirlpool announced a 550 million-real investment to enhance its Brazilian plants in Rio Claro and Joinville.
SAO PAULO, Nov 26 (Reuters) - Whirlpool SA (WHRL4.SA) , the Brazilian unit of Whirlpool Corp (WHR.N) , said on Wednesday that the company will cease production in Argentina, where it has a manufacturing unit located in Pilar.
- Whirlpool SA owns home appliance brands Brastemp and Consul.
- The company said the decision reflects “strategic guidelines of operational efficiency and responsible source allocation.”
- The move does not affect import, commercialization and distribution activities in Argentina, it added in a securities filing.
- Whirlpool had announced last year a 550 million-real ($102.31 million) investment to expand and modernize its Rio Claro and Joinville plants in Brazil. ($1 = 5.3759 reais)

