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Another Multinational Mexico Investment

12 September, 2012

Major multinational,Electrolux,said last week that it is consolidating its
entire North American laundry manufacturing into its high-tech facility in
Juarez,Mexico. The move represents a massive Mexico investment for the Swedish appliance
manufacturer.

Electrolux said production will be discontinued at its Iowa
factories in 2010/11 and all operations moved to Mexico.

The new Mexico
plant near El Paso is huge: some 1.5 million square feet (135,000 sqm) and 3,000
workers.

It is the biggest industrial building ever in the Mexican state
of Chihuahua,according to officials from the Juarez Chamber of
Commerce.

Electrolux said it would be business as usual in Iowa until
2011,keeping production and employment levels stable.

When it's time to
start cutting jobs,the company said it would work with the city,state and
employment agencies to help employees find new work.

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