Whirlpool showcases apprenticeship programs during visit from Acting U.S. Labor Secretary Keith Sonderling
Rhea-AI Summary
Whirlpool (NYSE:WHR) highlighted its nearly 70-year apprenticeship program during a visit by Acting U.S. Labor Secretary Keith Sonderling to its Clyde, Ohio washing machine factory, which employs about 2,600 people and has run a formal apprenticeship since 1958.
The company is investing $300 million in its Clyde and Marion U.S. laundry operations, including new and modernized lines and a new generation of front-load washers and dryers launching later this year. Whirlpool is also building a new Perrysburg parts and sub-assembly facility that is expected to employ up to 150 people. The company reports approximately 20,000 U.S. employees, 14,000 in manufacturing, building 80% of products sold in the U.S., with 96% of steel sourced domestically and expanded apprenticeship, certification and tuition reimbursement programs.
Positive
- $300 million investment in Clyde and Marion laundry operations
- New Perrysburg facility to employ up to 150 people
- Approximately 20,000 U.S. employees, including 14,000 in manufacturing
- Builds 80% of U.S.-sold products domestically; 96% U.S.-sourced steel
- State-certified four-year apprenticeship provides debt-free skilled trades career path
Negative
- None.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 23 | Earnings rescheduling | Neutral | +4.4% | Second-quarter earnings release and conference call dates were rescheduled. |
| Jul 22 | Marketing partnership | Positive | +1.9% | GrowthLoop partnership supported KitchenAid Small Appliances direct-to-consumer strategy. |
| Jul 20 | Earnings scheduling | Neutral | -1.3% | Whirlpool announced dates for second-quarter results and its investor conference call. |
| Jun 24 | Manufacturing anniversary | Positive | +4.6% | Whirlpool highlighted domestic manufacturing, jobs, donations, and its 115-year history. |
| Jun 15 | Debt tender offer | Neutral | -4.2% | Whirlpool priced a cash tender offer for outstanding 2026 and 2027 notes. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent Whirlpool news reactions were mixed, with positive corporate and manufacturing announcements followed by positive moves while scheduling and financing-related news showed divergent reactions.
Key Terms
journeymen technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
At the world's largest washing machine factory, Whirlpool Corp. showcases the start of its
The
The visit came the same day Sonderling convened a workforce roundtable with
"Whirlpool believes in the future of
"Whirlpool is a leader not just in American manufacturing but also in workforce development," said Acting Labor Secretary Keith Sonderling. "Touring their facility, speaking with apprentices, and learning about the decades of experience the company has in training new hires and preparing them for long-term careers gave me invaluable insights. Under President Trump's leadership, the Department of Labor is committed to fostering industry-driven innovation to bridge America's skills gap."
"For more than 70 years, generations of
Whirlpool is investing
Whirlpool is the only remaining major kitchen and laundry appliance company still based in America, building
A skilled trades pipeline that begins in high school
Whirlpool is focused on attracting strong talent, creating defined career pathways and constantly focusing on how to make Whirlpool the best place to work. Whirlpool has expanded its apprenticeship and certification programs with some of the largest classes in its history, recognizing the growing need for skilled trades.
The
The apprenticeship sits alongside other Whirlpool workforce pathways:
- An on-site training academy where new production employees learn and certify on plant processes
- Expanded certification programs, with some of the largest classes in the company's history
- Tuition reimbursement that allows hourly employees to earn degrees and move into engineering and plant leadership roles
The next class of apprentices starts this fall. Four years from now, they will be the journeymen showing the next class around.
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SOURCE Whirlpool Corporation