Update on Electrolux operations in North America
(WorldNews Africa)

Update on Electrolux operations in North America Electrolux today provided an update on issues expected to impact operating income for its business area North America in the fourth quarter; primarily the consolidation of its U.S. refrigerator/freezer manufacturing and related transition to new product platforms. Electrolux expects costs related to the transition, volume effects and other matters in the quarter to have a combined impact of a total approximately USD -70 million. Electrolux is currently investing approximately USD 250 million in automation, digitalization and new food preservation product platforms at a new...