other material
confidence high
sentiment negative
materiality 0.75
Whirlpool to close Supsa Mexico facility by Q2 2027; expects ~$165M restructuring costs
WHIRLPOOL CORP /DE/
- Closure of Supsa manufacturing facility in Apodaca, Mexico by Q2 2027; production transferred to Ramos Arizpe and other network.
- Total estimated restructuring costs of $165M: $95M asset impairment, $30M employee-related, $40M other.
- Approximately $70M of total costs are future cash expenditures; ~$15M cash spend expected in 2026.
- Substantial completion expected in 2027; ~$100M of total costs to be incurred in 2026.