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Whirlpool Invests R 100 Million in South Africa

 

Faizel Patel, Radio Islam News – 02-03-2018

Appliance manufacturer Whirlpool has invested R 100 million in South Africa which is expected to create about 100 jobs.

The multinational, which manufactures a comprehensive range of KIC brand refrigerators and freezers among others, this week launched a new range of 14 upgraded bottom mount fridges and a new model of twin-tub washing machines, which is set to revolutionise the entry point of the South African home appliance market.

Trade and Industry Minister Dr Rob Davies has welcomed the investment saying it bodes well for the economy.

“This increased and expanded investment reaffirms Whirlpool’s commitment to the country and the region, as it retains 1 000 jobs and brings about 100 new jobs. Industrialisation is a key pillar coupled with localisation.”

Managing Director of Whirlpool South Africa, Michele Caputo, says that as the company remains committed to providing solutions that will enable growth and sustain economic development.

“Whirlpool is keen to support the South African government’s localisation programme by partnering with local manufacturers to consolidate an integrated domestic supply chain.”

The R100 million investment in the company’s plant, which is located in the Isithebe Industrial Park near Mandeni, includes large scale production equipment imported from Europe and India.

 

Twitter: @FaizelPatel143 

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