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| Photo Courtesy Darke County Economic Development (darkecounty.com) |
The deal requires Whirlpool to create an additional $2.2 million in payroll at the Greenville plant and maintain operations in Greenville for at least 8 years. The company is expected to create 65 full time jobs as a result of the deal.
This, of course, is in the wake of the October announcement that Whirlpool would be cutting approximately 5,000 jobs worldwide due to soft demand and high material costs.
You can read more on the deal at DDN by clicking here.
They have full time jobs? thought all they had was temps there !!!!
ReplyDeleteJust goes to show that supply side economics works, wish someone would tell our federal government.
ReplyDelete11:30AM: That's news to David Stockman . . .
ReplyDeleteMore job's coming to town, that's good!
ReplyDeleteProof that a new school building had nothing to do with it.
7:29AM: That's right. And, just think of how many jobs we could have if we tore down the schools altogether.
ReplyDeleteThe DDN story states that Whirlpool received a "45 percent, five-year tax credit" from the State of Ohio works? Does this mean Whirlpool gets a 45 percent reduction in its state taxes for five years? Could someone explain this?
ReplyDeleteOops, typo...delete the word "works"
ReplyDelete