This one really hits home. Not only is it in my state but it also affects the field I use to be in:
Whirlpool Corp. said Wednesday that it will eliminate 4,500 jobs by closing three plants and consolidating corporate offices and other sites following its acquisition of rival appliance maker Maytag Corp.
The moves come in the wake of Whirlpool's $1.8 billion acquisition of Maytag on March 31, extending its lead as the nation's biggest appliance maker.
Whirlpool plans to close Maytag washer and dryer plants in Newton, Iowa; Herrin, Ill.; and Searcy, Ark. Laundry manufacturing sites in Clyde, Ohio, and Marion, Ohio, will absorb the production, Whirlpool spokesman Daniel Verakis said.
Also slated to close are Maytag's corporate headquarters and research center in Newton, Iowa, as well as administrative offices in Schaumburg, Ill., Canada and Mexico.
I started out in the appliance repair field in 1994. Back then it was a vibrant industry and provided a decent living. Within 7 years the field totally imploded to being almost none existent.
The problem is that we live in a disposable society. Instead of repairing appliance, it is easier, and a lot of the time cheaper for people to go out an buy new.
The manufacturers of appliances also dealt a serious blow to the industry by increasing the price of replacement parts dramatically while decreasing the price of new appliances. This caused the appliance repair field to also dwindle down to nothing. A couple years ago I went to my old parts house to get a new ice maker for my refrigerator. It was my first time there in about three years. When I use to go there, they had approximatley 30 people working for them. That work force had been reduced to eight and still shrinking.