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View Diary: Whirlpool Kills US Manufacturing Plant (10 comments)

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  •  Whirlpool fell behind the times, and (1+ / 0-)
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    Victor Ward

    their shareholders have suffred. The stock has gone from 85 in 2008 to 62 today. They need to cut costs in order to stay competitive, and that means moving some of their manufacturing to lower labor cost regions. This is not optional  it is necessary to survive. And if they were to fail, it would mean job losses that would dwarf these numbers.

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