From a written report received Tuesday morning from the Indiana Economic Development Corporation:
EVANSVILLE, Ind. (April 3, 2012) - The Indiana Economic Development Corporation and Whirlpool Corporation announced today that Whirlpool will honor its commitment and pay the state of Indiana $800,000 to resolve all tax credits and incentives associated with the loss of employment in the company's Evansville facility.
Following a significant layoff of manufacturing jobs, in 2009, Whirlpool agreed to preserve 260 full-time positions in Evansville in order to retain previously awarded tax credits. As part of its organizational efficiency efforts, Whirlpool recently relocated most North America procurement positions, including some from Evansville, to the company's global headquarters. The company's refrigeration research, engineering and design functions remain in Evansville.
"As per our standard agreements with companies, incentives are conditional upon the hiring and retention of Hoosier employees," said Dan Hasler, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation. "While we are delighted to have Whirlpool, who has been a part of the local community for more than 50 years, continue to employ associates in Evansville, the current levels do not meet previous commitments. The State looks forward to continuing its partnership with the company and continuing to do everything we can to help them thrive and be profitable in our state."
Whirlpool continues to employ approximately 230 people at its Evansville product development center, of which approximately 210 are Indiana residents. Whirlpool has a national parts operation center in Plainfield, where nearly 500 workers are employed by Ryder Integrated Logistics.
"As the global leader in the appliance industry, Whirlpool recognizes and appreciates the quality business environment and workforce in the state of Indiana," said Jeff Noel, corporate vice president of Whirlpool. "While our industry continues to face economic challenges that have impacted employment levels, we are proud that approximately 1,000 Hoosiers work at Whirlpool facilities, including many who commute to our nearby world headquarters in Michigan."