STOCK TITAN
  1. Home
  2. Sec-filings
  3. WHR
  4. [8-K] WHIRLPOOL CORP /DE/ Reports Material Event

Whirlpool (NYSE: WHR) plans Mexico plant closure with $165M restructuring

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Whirlpool Corporation plans to close its Supsa manufacturing facility in Apodaca, Mexico by the second quarter of 2027 as part of broader factory footprint changes. Production will be shifted to Ramos Arizpe, Mexico and other sites to streamline its refrigeration manufacturing network and cost structure.

The company estimates up to $165 million in total restructuring costs, including approximately $95 million of asset impairment, $30 million of employee-related costs, and $40 million of other associated costs. About $70 million of these costs are expected to be future cash expenditures.

Whirlpool expects roughly $100 million of the total restructuring costs and about $15 million of the anticipated cash outlays to occur in 2026, with the actions substantially complete in 2027. The company highlights that these figures and timelines are forward-looking and subject to risks and uncertainties.

Positive

  • None.

Negative

  • None.

Insights

Whirlpool outlines a sizable, multi-year plant closure with $165M in restructuring costs.

Whirlpool Corporation is shutting its Supsa facility in Apodaca, Mexico and transferring production to Ramos Arizpe and other locations. The company ties this move to optimizing its manufacturing footprint and improving the cost structure of its refrigeration product category.

Total restructuring costs are estimated at $165 million, split into about $95 million of asset impairments, $30 million of employee-related costs, and $40 million of other items. Around $70 million of these costs are expected to require future cash expenditures, indicating a mix of non-cash and cash impacts.

Whirlpool expects about $100 million of the restructuring costs and around $15 million of the related cash outflows in 2026, with completion targeted in 2027. The company flags these as forward-looking statements, noting that actual timing and expenses could differ due to execution risks and other factors described in its risk disclosures.

Item 2.05 Costs Associated with Exit or Disposal Activities Financial
The company committed to an exit plan involving layoffs, facility closures, or restructuring charges.
Total restructuring costs $165 million Estimated total for Supsa facility closure actions
Asset impairment costs $95 million Estimated impairments related to Supsa facility closure
Employee-related costs $30 million Estimated employee-related restructuring expenses
Other associated costs $40 million Other restructuring costs tied to Supsa actions
Future cash expenditures $70 million Portion of restructuring costs expected to use cash
Costs in 2026 $100 million Estimated restructuring costs to be incurred in 2026
Cash outflows in 2026 $15 million Part of the $70 million cash expenditures expected in 2026
Target completion year 2027 Actions expected to be substantially complete in 2027
Costs Associated with Exit or Disposal Activities regulatory
"Item 2.05. Costs Associated with Exit or Disposal Activities."
restructuring actions financial
"the Company announced restructuring actions related to the closure of its Supsa manufacturing facility"
Restructuring actions are deliberate changes a company makes to its operations, finances, or organization—such as cutting costs, selling assets, combining or closing units, or changing debt arrangements—to become leaner or financially healthier. Like rearranging a cluttered house to make it run more smoothly, these moves can improve future profits and cash flow but often cause short-term charges, disruption, or uncertainty that investors watch closely because they affect value and risk.
asset impairment costs financial
"The Company estimates that it will incur up to approximately $95 million in asset impairment costs"
forward-looking statements regulatory
"constitute “forward-looking statements” within the meaning of the federal securities laws"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Regulation FD regulatory
"for complying with our disclosure obligations under Regulation FD"
Regulation FD is a rule that prevents company insiders, like executives, from sharing important information with some people before others get it. It matters because it helps ensure all investors have equal access to key news, making the stock market fairer and reducing chances of insider trading.
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Understanding 8-K Material Events →
WHIRLPOOL CORP /DE/0000106640false00001066402026-07-012026-07-010000106640exch:XNYSus-gaap:CommonStockMember2026-07-012026-07-010000106640stpr:TXus-gaap:CommonStockMember2026-07-012026-07-010000106640stpr:TX2026-07-012026-07-010000106640exch:XNYS2026-07-012026-07-010000106640exch:XNYSwhr:DepositaryShareMember2026-07-012026-07-01


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) July 1, 2026
 
WHIRLPOOL CORPORATION
(Exact name of registrant as Specified in Charter)
 
Delaware1-393238-1490038
(State or Other Jurisdiction of Incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
2000 North M-63,
Benton Harbor,
Michigan
49022-2692
(Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code (269) 923-5000
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered
Common stock, par value $1.00 per shareWHRNew York Stock ExchangeandNYSE Texas
Depositary Shares, each representing a 1/20 interest in a share of 8.50% Series A Mandatory Convertible Preferred Stock, par value $1.00 per shareWHR-PRANew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 2.05. Costs Associated with Exit or Disposal Activities.
As previously discussed during its first-quarter 2026 earnings call, Whirlpool Corporation (“the Company”) is executing critical factory footprint changes to unlock greater operational efficiencies within its manufacturing network.
On July 1, 2026, the Company announced restructuring actions related to the closure of its Supsa manufacturing facility in Apodaca, Mexico (“the Supsa Facility”) by the second quarter of 2027. The Company expects to gradually phase out the Supsa Facility by transferring production to its manufacturing facility in Ramos Arizpe, Mexico, and across its manufacturing and supply chain network. These actions are intended to optimize its operational footprint and improve the cost structure of its refrigeration product category.
The Company estimates that it will incur up to approximately $95 million in asset impairment costs, approximately $30 million in employee-related costs, and approximately $40 million in other associated costs in connection with these actions. The Company estimates that approximately $70 million of the estimated $165 million total restructuring costs will result in future cash expenditures. The Company expects these actions to be substantially complete in 2027. As such, the Company estimates that approximately $100 million of the $165 million total restructuring costs will be incurred in 2026 and that approximately $15 million of the estimated $70 million total cash expenditures will occur in 2026.
Cautionary Statements Regarding Forward-looking Statements
Certain statements in this current report relating to the Company’s anticipated costs and cash expenditures, and the timing for completion of these actions, constitute “forward-looking statements” within the meaning of the federal securities laws. These statements reflect management’s current expectations regarding future events and speak only as of the date of this current report. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance and will not necessarily be accurate indications of whether or not, or the times at or by which, events will occur. Actual performance may differ materially from that expressed or implied in such statements. Important factors that could cause actual results to differ materially from these expectations include, among other things, the risk that timing for completion of these actions may be delayed, or the risk that expenses may be more or less than anticipated. In addition to these risks, reference should also be made to the factors discussed under “Risk Factors” in Whirlpool Corporation’s periodic filings with the Securities and Exchange Commission. Although the forward-looking statements contained in this current report are based upon what are believed to be reasonable assumptions, investors cannot be assured that actual results will be consistent with these forward-looking statements, and the differences may be material. These forward-looking statements are made as of the date of this current report and, except as expressly required by applicable law, Whirlpool Corporation assumes no obligation to update or revise them to reflect new events or circumstances.
Website Disclosure
We routinely post important information for investors on our website, whirlpoolcorp.com, in the "Investors" section. We also intend to update the Hot Topics Q&A portion of this webpage as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our webpage is not incorporated by reference into, and is not a part of, this document.



SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: July 1, 2026                     WHIRLPOOL CORPORATION

                            By:     /s/ ROXANNE L. WARNER         
                            Name:     Roxanne L. Warner
                            Title:     Executive Vice President and Chief Financial Officer
 


Source: View Original Filing on SEC EDGAR

FAQ

What restructuring actions did Whirlpool (WHR) announce regarding its Mexico operations?

Whirlpool plans to close its Supsa manufacturing facility in Apodaca, Mexico by the second quarter of 2027. Production will be transferred to its Ramos Arizpe plant and other sites to optimize its refrigeration manufacturing footprint and improve its long-term cost structure.

How much will Whirlpool (WHR) spend on the Supsa facility closure?

Whirlpool estimates total restructuring costs of about $165 million tied to the Supsa closure. This includes approximately $95 million of asset impairments, $30 million of employee-related costs, and $40 million of other associated costs over the restructuring period.

What portion of Whirlpool’s Supsa restructuring costs are cash expenditures?

Whirlpool expects about $70 million of the $165 million restructuring costs to be future cash expenditures. The remaining costs are primarily non-cash, such as asset impairments, which affect accounting results without equivalent cash outflows.

When will Whirlpool (WHR) recognize most Supsa restructuring costs and cash outflows?

Whirlpool expects to incur roughly $100 million of the $165 million total restructuring costs in 2026. About $15 million of the anticipated $70 million cash expenditures are projected to occur in 2026, with the overall actions substantially complete in 2027.

Why is Whirlpool closing the Supsa facility in Apodaca, Mexico?

Whirlpool links the Supsa facility closure to broader factory footprint changes designed to unlock greater operational efficiencies. By shifting production and consolidating manufacturing, the company aims to optimize its operational footprint and improve the cost structure of its refrigeration products.

Are Whirlpool’s Supsa restructuring estimates considered forward-looking statements?

Yes. Whirlpool states that estimates of restructuring costs, cash expenditures, and completion timing are forward-looking statements. It notes these involve significant risks and uncertainties, and actual results may differ materially due to execution timing and expense variability.

Filing Exhibits & Attachments

4 documents

Other Documents