Whirlpool Corp warned investors on Thursday it expects raw material costs to be at the higher end of its forecast, forcing the world's largest appliance maker into another round of price increases.
The maker of Maytag and KitchenAid appliances also said it did not see a huge improvement in global demand for appliances this year. Its shares fell about 4 percent afternoon trading.
Whirlpool, which now sees raw material costs at the higher end of a $300 million to $350 million range...
Whirlpool announced Monday the opening of its new $70 million Riverview Campus in Benton Harbor, Mich.
"With the opening of this beautiful and spacious campus, we are looking forward to a continued future with the city of Benton Harbor, which we have been proud to call home for over 100 years,"
The U.S. International Trade Commission this week found in favor of LG and Samsung and against Whirlpool, ruling against the imposition of duties on steel car wheels used in refrigerators.