Home » News » Electrolux agrees to sell a disused Memphis factory in the United States

Electrolux agrees to sell a disused Memphis factory in the United States

The Swedish group said late Wednesday that it intends to finalize the transaction with an unknown buyer and make a profit of approximately SEK 740 million (65.3 million) in the fourth quarter.

US group rival Whirlpool stopped production in Memphis in June, moving production to a new Springfield facility.

($ 1 = 11.3368 Swedish kronor)

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.