Whirlpool Corp. (WHR), a home appliance manufacturer, on Wednesday announced plans to invest $300 million in its U.S. laundry manufacturing facilities in Clyde and Marion, Ohio, to expand production of next-generation washers and dryers.
The move strengthens its position as the U.S.-based manufacturer of kitchen and laundry appliances.
The investment is expected to create 400 to 600 new jobs and support about 5,000 additional roles outside the company.
The company said that the Financial assistance from JobsOhio and state tax credits will support the expansion, pending final approval.
In the pre-market trading, 0.99% higher at $74.78 on the New York Stock Exchange.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.