Factory's Reach Far Greater Than the Assembly Line

Summary


Whirlpool's production shutdown will have an economic impact on the Tri-State, but that impact will be neither immediate nor simple to quantify.

That impact includes various factors: Tax revenues will diminish, 1,200 displaced workers will have less money to spend and suppliers will lose Whirlpool as a customer.

See the full content of this document

Extract


Factory's Reach Far Greater Than the Assembly Line

These various factors will come into play over time, and some are difficult to pin down precisely.

Moreover, the exact impact depends on what's being measured - and who's doing the measuring.

Purchasing power

On March 26, 455 employees lost their jobs when Whirlpool eliminated its second shift. The remainder will have jobs until production shuts down entirely in late June. After that, Whirlpool's Evansville presence will be limited to the 300

employees in the company's ...

See the full content of this document

Sponsored links




ver las páginas en versión mobile | web

ver las páginas en versión mobile | web

© Copyright 2012, vLex. All Rights Reserved.

Contents in vLex United States

Explore vLex

For Professionals

For Partners

Company