Whirlpool closing 2 plants, adding jobs at others
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Whirlpool Corp  said on Thursday it planned to close two refrigerator plants and cut about 1,250 jobs in a restructuring expected to cost $15 million to $20 million, while adding 875 jobs at two other plants.
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Limited Brands is cutting loose the brands that are dragging it down.
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Chrysler LLC has closed four assembly plants and may be forced to shutter the rest of its global assembly operations within a short time due to a dispute with supplier Plastech Engineered Products Inc, which filed for bankruptcy court protection on Friday.
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DETROIT -- Ford took drastic steps yesterday to remold itself into a smaller, more competitive company, slashing thousands of jobs and shuttering two additional plants to cut costs and fend off a financial crisis.
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The appliance maker freezes pay and asks workers to quit, but rewards its executives with stock options.
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The closings of the Huronia, Rideau and Southwestern Regional Centres in Orillia, Smith Falls and Chatham will mean 2,200 lost jobs in the centres and moving 1,000 people from institutions to community settings such as group homes.
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Too many companies seem to place no value on their customers' time. Maytag Corp. on Feb. 1 said it was recalling 2.3 million dishwashers because of a potential fire hazard. The company, which received 135 reports of fires, urged affected customers to stop using their machines, disconnect the power, and contact Maytag to discuss the appropriate repair.
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Two General Motors plants in Canada are forced to close because they rely on parts made by striking US plants.
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The work may have been subcontracted to another firm.
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Massachusetts lawmakers expressed disappointment that telecommunications equipment company Alcatel - Lucent plans to close its North Andover plant in 2008. The politicians said they would use federal resources to help retrain Lucent workers and assist them in finding new jobs. "It's always disappointing when high-paying, quality manufacturing jobs disappear from an area with great employment needs, such as ...
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Dow Chemical Co. DOW.N on Thursday   said it will shut down a number of its plants around the world   to enhance efficiency and cut costs, including facilities in   Sarnia and Fort Saskatchewan, Canada, as well as its Porto   Marghera plant in Italy.
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All or part of four North American plants will be closed, and its parent company did not rule out selling the unit.
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Norcross, Ga.-based Rock-Tenn Co. will close its folding-carton plant in St. Paul in December. The operations will be consolidated into other Rock-Tenn plants around the country.
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The manufacturer of Aga cookers is considering splitting its business and selling off part of it.
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The UK's largest brewer announces it is closing its operation in Berkshire putting 362 jobs there at risk.
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Hanesbrands Inc. HBI.N said on   Wednesday it would close some plants in Mexico and the United   States, cutting more than 2,000 jobs, as part of its plan to   reduce costs and streamline manufacturing operations.
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Speculation runs high over which of these companies might buy the Wichita plant -- perhaps by the end of the year. BY MOLLY MCMILLIN.