Whirlpool to lay off 700 in Arkansas

FORT SMITH, Ark. (AP) -- Whirlpool Corp. says it will lay off another 700 workers from its factory at Fort Smith in Arkansas.

The company said Monday that the layoffs would be effective in November and there is no timetable for calling the workers back.

The company had more than 4,000 workers in Fort Smith before opening a plant in Mexico that also makes refrigerators. Prior to Monday's announcement, the plant had about 2,000 workers.

Benton Harbor, Mich.-based Whirlpool says that a decline in demand and rising costs for materials have forced the company to reduce its number of employees. The company says the changes are necessary to maintain competitiveness.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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