Davies welcomes Whirlpool’s R100m investment
Trade and Industry Minister Dr Rob Davies has congratulated appliance manufacturer Whirlpool South Africa on its R100-million investment in a new manufacturing line that is expected to create about 100 jobs.
The investment in the company’s plant, located in the Isithebe Industrial Park near Mandeni, in KwaZulu-Natal, included the procurement of large production equipment that was imported from Europe and India.
“This increased and expanded investment reaffirms Whirlpool’s commitment to the country . . . as it retains 1 000 jobs and brings about 100 new jobs . . . I cannot overemphasise the importance of the white goods sector and its contribution to the South African economy in terms of growth, job creation, localisation and exports. All these elements are critically important to the Industrial Policy Action Plan which underpins economic growth,” Davies commented.
He added that the investment signifies that South Africa remains an attractive investment destination across all sectors including advanced manufacturing. He further stated that Invest SA, a division of the Department of Trade and Industry, which played a role in facilitating the Whirlpool investment, remains committed to assisting foreign and domestic investors in realising their investment in South Africa.
Whirlpool South Africa MD Michele Caputo said that, as the company expands its presence in Southern Africa, it 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,” he added.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...
VISIT SHOWROOM
Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
