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Whirlpool to close Mexico plant, expects $165M restructuring cost

July 1, 2026 5:06 PM

Whirlpool Corporation (NYSE: WHR) announced on July 1, 2026, plans to close its Supsa manufacturing facility in Apodaca, Mexico, by the second quarter of 2027, according to a company statement.

The company said it will gradually phase out the Supsa facility by transferring production to its plant in Ramos Arizpe, Mexico, and across its broader manufacturing and supply chain network. The move is intended to optimize its operational footprint and reduce costs within its refrigeration product category.

Whirlpool estimates total restructuring costs of approximately $165 million, broken down as follows: up to $95 million in asset impairment costs, approximately $30 million in employee-related costs, and approximately $40 million in other associated costs. Of the total, approximately $70 million is expected to result in future cash expenditures.

The company expects approximately $100 million of the $165 million total restructuring costs to be recorded in 2026, with approximately $15 million of the $70 million in total cash expenditures also occurring in 2026. The restructuring actions are expected to be substantially complete in 2027.

Whirlpool had previously referenced these factory footprint changes during its first-quarter 2026 earnings call.

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