Whirlpool Comments on ITC's Decision Regarding Korean Washers

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The U.S. International Trade Commission voted today that imports of large residential washers from South Korea and Mexico – including imports by Samsung Electronics and LG Electronics – are harming the domestic appliance industry in the United States. This preliminary vote was taken as a result of the anti-dumping petition filed by Whirlpool Corporation (NYSE: WHR) against large residential washers from South Korea and Mexico, and a companion countervailing duty petition against the same products from South Korea. “Whirlpool Corporation is pleased with the ITC's preliminary affirmative injury determination,” spokesperson Kristine Vernier said. “This decision by the ITC validates the actions we've taken to protect the U.S. domestic appliance industry, our 23,000 U.S. employees and the communities in which they work.” Whirlpool Corporation filed its petitions with the ITC and U.S. Department of Commerce ( on December 30, 2011, to promote a fair and open global trading system, to protect American jobs and to ensure its ability to continue to innovate and invest in the United States. Of the products Whirlpool makes, more than 80 percent of those sold in the U.S. are made in the U.S.


 
 
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