excalibur
Diamond Member
- Mar 19, 2015
- 28,523
- 57,695
- 2,290
We are seeing this type of investment all across corporations in America.
Add in the recent JPMorgan Chase announcement too.
This will pay off in 2026 and beyond.
Whirlpool CEO Marc Bitzer said President Donald Trump’s tariff policies have created a “level playing field” for expanding U.S. manufacturing and incentivizing companies to invest in domestic production.
“What the tariff policy does [is] it makes a business case, an economic business case, just much more attractive,” Bitzer told Fox News in an Oct. 15 interview.
His remarks came as Whirlpool announced a $300 million investment in its U.S. laundry manufacturing facilities, a move the company described as “one in a series of strategic commitments to grow its American manufacturing footprint.”
Bitzer told Fox News that without Trump’s tariff measures, the company might have reduced, delayed, or possibly reconsidered the investment. But now, he said, Whirlpool views the policy landscape as stable enough to justify long-term commitments.
“Any investment is a bet for the future,” Bitzer said. “So, yes, our bet is that these tariff policies stay, it creates a level playing field and, therefore, these economic investments generate profitable returns.”
Whirlpool’s Oct. 15 announcement covers planned upgrades at its manufacturing plants in Clyde and Marion, Ohio, expected to create 400 to 600 new direct jobs and support up to 5,000 additional positions along the supply chain. The Marion dryer factory celebrated its 70th anniversary in September, while the Clyde facility—operating since 1952—remains the largest washing machine plant in the world.
...
thelibertydaily.com
Add in the recent JPMorgan Chase announcement too.
This will pay off in 2026 and beyond.
Whirlpool CEO Marc Bitzer said President Donald Trump’s tariff policies have created a “level playing field” for expanding U.S. manufacturing and incentivizing companies to invest in domestic production.
“What the tariff policy does [is] it makes a business case, an economic business case, just much more attractive,” Bitzer told Fox News in an Oct. 15 interview.
His remarks came as Whirlpool announced a $300 million investment in its U.S. laundry manufacturing facilities, a move the company described as “one in a series of strategic commitments to grow its American manufacturing footprint.”
Bitzer told Fox News that without Trump’s tariff measures, the company might have reduced, delayed, or possibly reconsidered the investment. But now, he said, Whirlpool views the policy landscape as stable enough to justify long-term commitments.
“Any investment is a bet for the future,” Bitzer said. “So, yes, our bet is that these tariff policies stay, it creates a level playing field and, therefore, these economic investments generate profitable returns.”
Whirlpool’s Oct. 15 announcement covers planned upgrades at its manufacturing plants in Clyde and Marion, Ohio, expected to create 400 to 600 new direct jobs and support up to 5,000 additional positions along the supply chain. The Marion dryer factory celebrated its 70th anniversary in September, while the Clyde facility—operating since 1952—remains the largest washing machine plant in the world.
...
Whirlpool CEO Says Trump's Tariffs Have Created a "Level Playing Field", Helped Spur Company's $300 Million Expansion - 🔔 The Liberty Daily
If you love the news, check out The Liberty Daily's homepage. (The Epoch Times)—Whirlpool CEO Marc Bitzer said President Donald Trump’s tariff policies have created a “level playing field” for expanding U.S. manufacturing and incentivizing companies to invest in domestic production. “What the...
thelibertydaily.com
Whirlpool