Good For Them!

HK3- · 09-01-2010, 10:40 AM

I attended this announcement this morning here at my wifes work. Glad to see a large company keeping jobs in the US.

http://online.wsj.com/article/SB1000...Tabs%3Darticle

darkleeroy · 09-01-2010, 11:06 AM

Hey I used to live 20 minutes from Cleveland, TN. That and the Volkswagen plant should be helping the people up there a bunch.

Chingas · 09-01-2010, 11:57 AM

That's always good to see. 300 million is no small upgrade but will definitely get some hands working again!

CigarNut · 09-01-2010, 12:12 PM

I've always liked Whirlpool products (own a number of them) and now I like them even more!

d'am · 09-03-2010, 10:19 PM

From http://online.wsj.com/article/SB1000...googlenews_wsj

Quote:

Whirlpool considered sites in Mexico and elsewhere in the U.S. before opting to replacing a century-old factory in Cleveland, Tenn., where it assembles built-in cooking ranges and ovens. It will add 130 staff to an existing work force of 1,500.

Later on in the article...

Quote:

Tennessee and local governments committed to providing Whirlpool with about $45 million in tax breaks, abatements and grants to offset the company's costs of building the plant.

It's nice to have jobs here in the U.S. It'd be really nice if state/local governments didn't have to bribe corporations for them. I have no idea what the ROI is on the $45M, but given that it's a mid-term election year, it probably doesn't matter.

09-01-2010, 10:40 AM	#1
HK3- Cashmere Jungle Lord Join Date: Oct 2008 First Name: Boffa Location: The town so nice they named it twice Posts: 5,035 Trading: (48)	Good For Them! I attended this announcement this morning here at my wifes work. Glad to see a large company keeping jobs in the US. http://online.wsj.com/article/SB1000...Tabs%3Darticle

09-01-2010, 11:06 AM	#2
darkleeroy Adjusting to the Life Join Date: Jul 2010 First Name: Josh Location: Miami, FL Posts: 318 Trading: (0)	Re: Good For Them! Hey I used to live 20 minutes from Cleveland, TN. That and the Volkswagen plant should be helping the people up there a bunch. __________________

09-01-2010, 11:57 AM	#3
Chingas Death Is Waiting Join Date: Jun 2010 First Name: Chingas Location: Slayerville, Jersey Posts: 5,295 Trading: (35)	Re: Good For Them! That's always good to see. 300 million is no small upgrade but will definitely get some hands working again! __________________ ---Chingas--- ---Team Death Bomb Squad: Captain---

09-01-2010, 12:12 PM	#4
CigarNut Fck Cancer! Join Date: Jan 2009 First Name: Michael Location: Clermont, Florida Posts: 18,042 Trading: (111*)	Re: Good For Them! I've always liked Whirlpool products (own a number of them) and now I like them even more! __________________ Need Beads? Need Five Finger Bags? 2 of 3 Requirements for use of the CA Rolodex: 100 posts/ 60 day membership/ participation in trade (trader rating). New members can be added at any time.