Whirlpool Announces $60M Investment, Up To 150 Jobs For New Ohio Facility

Whirlpool (NYSE:WHR) will invest over $60 million to convert a former solar panel plant in Perrysburg, Ohio, into a new appliance components facility.

Rhea-AI Summary

Whirlpool (NYSE:WHR) will invest over $60 million to convert a former solar panel plant in Perrysburg, Ohio, into a new appliance components facility.

The 11th U.S. factory and 6th in Ohio is expected to create 100–150 jobs, take about two years to develop, and is subject to incentive approvals.

Positive

• $60M+ capital investment to convert Perrysburg facility
• Creates 100–150 new jobs over a two-year development period
• 11th U.S. factory and 6th Ohio production site expands domestic footprint
• Facility to supply appliance components and subassemblies, supporting nearby Ohio plants

Negative

• Incentive approvals from JobsOhio and state tax credit are still pending
• Job count is a range (100–150), creating hiring uncertainty
• Development timeline of about two years could delay operational benefits

Argus Apr 10 session

-0.65% close to close Open Argus

Details

News Market Reaction – WHR

On Apr 10, the day this news came out, WHR closed 0.65% below the previous close.

Data tracked by StockTitan Argus for the Apr 10 session.

Key Figures

New facility investment: Over $60 million Jobs at new plant: 100–150 jobs U.S. factories total: 11 factories +5 more

New facility investment

Over $60 million

To transform Perrysburg, Ohio facility with advanced manufacturing

Jobs at new plant

100–150 jobs

Expected new roles over the next two years in Perrysburg, Ohio

U.S. factories total

11 factories

Company’s total U.S. factory count after Perrysburg addition

Ohio factories

6 factories

Number of Whirlpool factories located in Ohio

Prior laundry investment

$300 million

Investment in laundry operations announced in October

Laundry jobs

400–600 jobs

New jobs tied to earlier $300M laundry investment

U.S.-produced share

80%

Approximate share of major appliances sold in U.S. made domestically

U.S. suppliers spend

Over $6 billion

Amount spent with U.S. suppliers last year

Historical Context

5 past events · Latest: Mar 30

5 events

1. Mar 30

   Product launch

   24h Move

   -2.0%

   Launch of KitchenAid Artisan Plus tilt-head stand mixer with new features.

2. Mar 24

   CSR partnership

   24h Move

   -1.1%

   Highlighting long-term Habitat for Humanity partnership and domestic manufacturing spend.

3. Mar 19

   Trade show awards

   24h Move

   -0.2%

   Multiple KBIS 2026 awards including Best of KBIS / Best in Show honors.

4. Mar 11

   ESG report

   24h Move

   +1.2%

   Updated emissions targets and progress in 2025 Corporate Responsibility report.

5. Mar 03

   Product launch

   24h Move

   -5.8%

   Introduction of KitchenAid Compact Grain & Rice Cooker with multiple presets.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

advanced manufacturing technologies, automation, tax credit, trade barriers

4 terms

advanced manufacturing technologies technical

"will invest over $60 million to transform the facility, including new advanced manufacturing technologies"

Advanced manufacturing technologies are modern tools and methods—like robotics, 3D printing, advanced sensors, and computer-driven automation—that change how physical products are designed and made. For investors, they matter because they can cut production costs, speed time to market, improve quality and customization, and create durable advantages over competitors, much like switching from a typewriter to a digital workstation transforms how work gets done.

automation technical

"including new advanced manufacturing technologies and automation, to produce appliance components"

Automation is the use of technology to perform tasks with minimal human intervention, often replacing manual work with machines or software. It matters to investors because it can increase efficiency, reduce costs, and enable faster decision-making, potentially leading to higher profits and competitive advantages for businesses.

tax credit financial

"Assistance from JobsOhio and a tax credit from the State of Ohio are pending"

A tax credit is a direct reduction of the taxes a company or individual must pay, like a coupon that subtracts from the final bill rather than lowering the price before tax. For investors, tax credits can boost cash flow and reported profits, lower a company’s effective tax rate, and sometimes create refundable payments or credits that can be used in future periods. The size and timing of the benefit depend on eligibility rules and tax law, so policy changes or qualification details can materially affect a company’s value.

trade barriers regulatory

"reducing trade barriers and ensuring that American workers and businesses can compete"

Trade barriers are government actions that make it harder or more expensive to buy or sell goods and services across borders, such as taxes on imports, limits on quantities, or extra paperwork and standards. Think of them as roadblocks or tolls on international trade that change how easily companies reach customers and source materials. Investors care because these barriers can raise costs, shrink market opportunities, disrupt supply chains and change a company’s revenue and risk outlook.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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BENTON HARBOR, Mich., April 10, 2026 /PRNewswire/ -- Whirlpool Corporation today announced plans to further expand its industry-leading U.S. manufacturing footprint with the addition of a new, state-of-the-art production facility. Located in Perrysburg, Ohio, this will be the company's 11th factory in the United States and its 6th in the state of Ohio, further solidifying the company's position as a cornerstone of American industrial growth.

Whirlpool Corporation acquired an existing building, previously used for solar panel manufacturing, and will invest over $60 million to transform the facility, including new advanced manufacturing technologies and automation, to produce appliance components and subassembly work for washers and dryers. The development of the new plant will take place over the next two years, creating between 100-150 new jobs. This new facility will serve as a vital hub for Whirlpool Corporation's U.S. operations, providing critical support to nearby Ohio plants.

"Whirlpool Corporation is leaning into our commitment to U.S. manufacturing," said Marc Bitzer, Whirlpool Corporation chairman and CEO. "When there is a level playing field, our American workers can out-compete anyone in the world. This investment is proof of our confidence in that workforce and our determination to win by producing high-quality, innovative products in the U.S."

This announcement follows a period of significant domestic investment for the company, including a $300 million investment in the company's laundry operations announced in October, which is aimed at increasing capacity, by adding a new production line and 400-600 new jobs.

"This new facility represents an evolution in American manufacturing," said Kristin Day, Whirlpool Corporation vice president of U.S. manufacturing. "By creating a hybrid environment where cutting-edge automation meets human ingenuity, we are not just building appliances—we are building the future domestic production for our industry. Our people remain the foundation of our success, and these tools will empower them to reach new levels of precision and efficiency."

Approximately 80% of the major appliances Whirlpool Corporation sells in the U.S. are produced domestically, with the company spending $23 billion in manufacturing, labor and logistics in the past decade. Last year alone, the company spent more than $6 billion with U.S. suppliers.

The investments are subject to the final approval of incentives. Assistance from JobsOhio and a tax credit from the State of Ohio are pending review and approval.

Whirlpool Corporation expects to hold a formal ribbon-cutting ceremony for the facility later this year.

For more information about Whirlpool Corporation and its U.S. manufacturing footprint, click here.

Official Statements of Support
U.S. Trade Representative Jamieson Greer:  "The Trump Administration's agenda is accelerating America's industrial resurgence by reducing trade barriers and ensuring that American workers and businesses can compete on even footing. Today's investment by Whirlpool Corporation demonstrates how an America First trade policy can strengthen the country's manufacturing base, create jobs, boost domestic production and support local economies."

Senator Bernie Moreno (R-OH): "Whirlpool is investing in the American worker and Ohio is leading the way in reindustrializing the American Heartland and an American manufacturing renaissance. Whirlpool and its workforce are a great reflection of American resilience and proof that we can not only make things in America but make them better."

Congresswoman Marcy Kaptur (OH-09): "For decades, we've fought to keep the heart of American manufacturing beating right here in Northwest Ohio. This major investment by Whirlpool proves that when we back our domestic producers, our communities thrive. I am proud to see this commitment to our local workforce, which strengthens our Great Lakes regional economy and ensures that America continues to lead the world in building the products that power our homes and our communities."

Congressman Bob Latta (OH-05): "This investment will strengthen our domestic supply chain in Ohio. When companies like Whirlpool invest in expanding American manufacturing, they create good-paying jobs, strengthen supply chain resilience, and help keep our nation competitive. This new development will bring additional jobs to Perrysburg, further boosting our local economy and creating more opportunities for Ohio workers."

Perrysburg Mayor Mark Weber: "This is exactly the kind of investment we're proud to see in Perrysburg. It means good jobs for our residents, continued growth for a strong local employer and a clear vote of confidence in both our workforce and our community. It's a great day for our city, and I look forward to welcoming Whirlpool to Perrysburg."

Wood County Commissioner Craig LaHote: "Whirlpool has a strong record of success in our region, and we're excited about their plans to bring new opportunities and investment to Wood County. The company's decision to expand here speaks to our strong workforce and business environment, and we look forward to working with them as a new corporate partner in Wood County."

About Whirlpool Corporation
Whirlpool Corporation (NYSE: WHR) is a leading home appliance company, in constant pursuit of improving life at home. As the only major U.S.-based manufacturer of kitchen and laundry appliances, the company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2025, the company reported approximately $16 billion in annual net sales—close to 90% of which were in the Americas—41,000 employees and 35 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.

 

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SOURCE Whirlpool Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much is Whirlpool (WHR) investing in the new Perrysburg, Ohio facility announced April 10, 2026?

Whirlpool is investing more than $60 million to transform the Perrysburg site. According to Whirlpool, the funds will convert a former solar panel plant and add advanced automation to produce appliance components over the next two years.

How many jobs will Whirlpool (WHR) create with the Perrysburg, Ohio expansion announced April 10, 2026?

The Perrysburg project is expected to create between 100 and 150 jobs. According to Whirlpool, hiring will occur during the roughly two-year development as the facility is retooled and equipped with new manufacturing technologies.

What will Whirlpool (WHR) produce at the new Perrysburg, Ohio facility announced April 10, 2026?

The Perrysburg plant will produce appliance components and subassemblies for washers and dryers. According to Whirlpool, the site will support nearby Ohio plants and integrate advanced automation with human operators.

When will the Whirlpool (WHR) Perrysburg facility be operational after the April 10, 2026 announcement?

Development is expected to take about two years before full operation. According to Whirlpool, the company plans a phased conversion with a formal ribbon-cutting planned later in 2026.

Are government incentives finalized for Whirlpool's (WHR) Perrysburg investment announced April 10, 2026?

No, incentives are not finalized; approvals are pending review. According to Whirlpool, assistance from JobsOhio and a state tax credit remain subject to final approval before terms are confirmed.