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Plant Utility Assembler

Plant Utility Assembler Amana, IA, US, 52204 Oct 1, 2021 0.00 mi

Amana, IA, US, 52204 Oct 1, 2021 Process Engineer

Process Engineer Biandronno, VA, IT, 21024 Oct 2, 2021 0.00 mi

Biandronno, VA, IT, 21024 Oct 2, 2021 HR Business Partner

HR Business Partner Comunanza, AP, IT, 63087 Oct 15, 2021 0.00 mi

Comunanza, AP, IT, 63087 Oct 15, 2021 EMEA Industrial Inventory Financial Analyst

EMEA Industrial Inventory Financial Analyst Pero, Milan, IT, 20016 Oct 7, 2021 0.00 mi

Pero, Milan, IT, 20016 Oct 7, 2021 HR Manager

HR Manager Biandronno, VA, IT, 21024 Oct 15, 2021 0.00 mi

Biandronno, VA, IT, 21024 Oct 15, 2021 Senior Manager, Procurement

Senior Manager, Procurement Apodaca, NLE, MX, 66634 Oct 13, 2021 0.00 mi

Apodaca, NLE, MX, 66634 Oct 13, 2021 Manufacturing Systems Analyst

Manufacturing Systems Analyst Radomsko, PL, 97-500 Oct 15, 2021 0.00 mi

Radomsko, PL, 97-500 Oct 15, 2021 HR Operations - On-Site Customer Service Manager

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Capital Investments Engineer Wrocław, PL, 51-210 Oct 18, 2021 0.00 mi

Wrocław, PL, 51-210 Oct 18, 2021 (GPO) Associate, Engineering

(GPO) Associate, Engineering Joinville, SC, BR, 89219-900 Oct 9, 2021 0.00 mi

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Apodaca, NLE, MX, 66634 Oct 1, 2021
Sours: https://jobs.whirlpool.com/key/whirlpool-amana-plant.html

Whirlpool has sold its Amana plant to a third party in a move it said will “optimize its real estate portfolio.” CREDIT WHIRLPOOL

Industrial sale leaseback transactions are on the rise around the country and in the Corridor as the COVID-19 pandemic and recession prompt businesses to offload real estate assets as a way of increasing liquidity, fueling growth and strengthening their capital reserves.

Last month, the private equity firm that owns Advanced Material Processing (AMP), a newly formed umbrella company consisting of Marion Process Solutions and Kason Corp. of New Jersey, announced a $3.83 million sale leaseback involving its Marion facility that it said “unlocks significant value for AMP to deploy toward its growth initiatives.

Now, in a newly recorded sale, appliance giant Whirlpool Corp. has sold its Amana plant for close to $93 million in a deal it says was part of a “global real estate review.”

According to the Iowa County assessor’s website, Whirlpool’s 88,000-square-foot facility at 2800 220th Trail in Middle Amana sold for $92.7 million on Oct. 26. The buyer was WHRAMIA001 LLC, identified on the Iowa Secretary of State’s business entity website as a foreign limited liability company using a fictitious name. Its listed home office address on Chicago’s Wacker Drive, however, is the office of Oak Street Real Estate Capital, a private equity real estate firm that scooped up a slew of industrial and retail properties on a sale leaseback basis earlier this year.

An internal Whirlpool memo obtained by the CBJ refers to the Amana sale as a “minor real estate change,” and stressed it is business as usual at the plant. Under the agreement, the only change is that Whirlpool will now enter a long-term lease with a third party instead of owning the facility outright.

“There will be no short- or long-term changes to the company’s current business in the area,” the memo stated. “No jobs are being lost, no buildings are being closed – our footprint in Amana will remain the same.”

In a statement to the CBJ, Whirlpool reiterated the sale leaseback would have no impact on operations, describing it as “a common business practice that allows companies to optimize their real estate portfolios.”

The company did not elaborate further on the reason behind the facility sale, although it is not the first time this year Whirlpool has entered into a sale leaseback agreement. In February, the Michigan-based company sold a 3.1 million-square-foot portfolio of five U.S. industrial assets – four distribution centers and one manufacturing facility – and two office sites in Italy for $178.9 million to an undisclosed buyer in a similar transaction.

Real estate experts say sale leasebacks have become more attractive to retailers, manufacturers and other companies looking for an influx of cash as the limitations of the COVID-19 economy, including a tighter lending environment, set in. Leasebacks allow them to keep possession of their facilities under a traditional triple-net lease, while extracting capital they can put to better use, whether to pay down debt, make acquisitions or reinvest in the company.

In a recent webinar on the triple-net market, Gino Sabatini, head of investments for W.P. Carey, one of the nation’s largest net lease real estate investment trusts (REITs), said its brokers were hearing from companies that had never considered doing a sale leaseback before. In October alone, W.P. Carey acquired $85 million or 1.2 million square feet in industrial assets, including three manufacturing facilities and a Midwest refrigerated food processing and distribution facility.

“They’ve had all this real estate on their books for years and maybe, in the back of their minds, they thought, ‘Jeez, maybe I should do something about it,’ but never really brought it to the forefront,” Mr. Sabatini said. “Now, with things a bit tighter, they are looking at their alternatives, looking at that real estate, and thinking we should really pull the trigger on this and enter into a long-term lease or figure out how to maximize the value … because it’s certainly not doing much for us sitting on the books.”

Mr. Sabatini predicted a spate of sale leaseback activity by the end of the year, which has already been a busy one in the manufacturing, retail and hospitality sectors. Among the most notable deals so far are the $178.9 million Whirlpool sale in February, handled by Chicago-based CBRE, and a $725 million deal to buy four Big Lots chain store distribution centers from Oak Street Real Estate Capital, the presumed buyer of the Amana property.

Oak Street, which could not be reached by the CBJ for this story, told Crain’s Chicago Business earlier this year it planned to spend as much as $3 billion this year on sale leaseback opportunities.

So far, it has closed the Big Lots sale, allowing the retailer to pay down debt, and inked a $250 million, 2.1 million-square-foot arrangement with Bed Bath & Beyond as part of that company’s “asset-light” strategy. More recently, Oak Street picked up 126 Cracker Barrel restaurants for $358 million and Sensormatic’s Boca Raton, Florida headquarters facility, owned by Johnson Controls, for $51 million.

In an October GlobeSt.com column, Mr. Sabatini said that limited working capital, a less friendly lending environment and volatile capital markets were making it appealing for companies to put their assets to work as a source of liquidity. Record low interest rates allow for higher sales prices and favorable long-term lease rates.

Marion’s move

On the investor side, sale leasebacks with high quality tenants – such as Whirlpool and Marion Process Solutions, whose parent company, May River Capital, executed a sale leaseback with Texas-based MAG Capital Partners in October – provide a certain income stream with minimal landlord responsibility thanks to the triple-net lease structure. Investors can also leverage their investment by borrowing much of the purchase price of the property on the back of the seller-tenant’s creditworthiness.

“The economic impacts of the pandemic are recalibrating entire industries as companies are reimagining, in many cases, their entire business and delivering products that keep the world running,” explained MAG Capital Partners Principal Andrew Gi in a release announcing the Marion Process deal. “Everything is on the table now in terms of go-forward solutions. We are clearly seeing the impacts of this year’s pandemic; most often we see the resilience and creativity at the heart of American business.”

May River Capital’s deal with MAG Capital Partners allows the company to lease back Marion Process Solutions’ headquarters and manufacturing facility, freeing up capital for additional investment in the new AMP platform. May River Capital Partner Steve Griesemer said private equity firms like his generally eschew holding on to real estate as part of their investment portfolio “because it doesn’t achieve the return we’re seeking to achieve.”

What’s more, hot demand for sale leaseback transactions allows the firm to take advantage of low rental rates while redeploying capital into growth opportunities, including the acquisition of new equipment and new manufacturing companies for the AMP platform.

“The environment today with low interest rates has pushed up the value of properties and pushed down rents for companies like us,” Mr. Griesemer explained, adding May River was actively considering more sale leasebacks for companies in its portfolio to fuel growth, and is in “active dialogue” with four or five other businesses to join the platform.

While some companies are turning to sale leasebacks as a way of “monetizing assets to stay alive,” May River Capital has a $300 million fund behind it.

“Often entrepreneurs, family businesses, small and medium sized business will own their [real estate], but we want to expand very rapidly,” he said. “We’re constantly looking at where to allocate capital and the environment today makes this part of the market [sale leasebacks] look pretty attractive.”

Sours: https://corridorbusiness.com/exclusive-whirlpool-sells-amana-plant-as-leasebacks-rise/
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Whirlpool has temporarily suspended manufacturing operations at its Amana, Iowa, facility after an employee tested positive for COVID-19.

According to a report by local KCRG-TV9, the plant was closed pending a precautionary deep cleaning while Whirlpool attempts to determine if any other workers were exposed to coronavirus. The afflicted employee has since been hospitalized, the TV station said.

The Amana plant assembles French door, bottom freezer and built-in refrigeration products under the Amana, JennAir, KitchenAid, Maytag and Whirlpool brands. In a statement, U.S. Sales Vice President David Cichocki noted that the facility’s fulfillment distribution center “continues to be operational; we are loading and shipping products as normal.”

Separately, Whirlpool is warning investors that demand disruptions and production impacts from the pandemic could slightly exceed the company’s previously estimated hit to first-quarter earnings before interest and taxes (EBIT) of $25 billion to $40 billion. It added that production has returned to near full capacity in China, but that U.S. manufacturing could be reduced in line with guidelines from the Centers for Disease Control (CDC) and other regulatory agencies.

Sours: https://yoursourcenews.com/2020/03/whirlpool-shuts-amana-plant-warns-of-possible-production-slowdowns/
Global Manufacturing - You're Hired! - Whirlpool Corporation

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Plant Utility Assembler

Plant Utility Assembler Amana, IA, US, 52204 Oct 1, 2021 0.00 mi

Amana, IA, US, 52204 Oct 1, 2021 Manufacturing Leadership Development Program (MLDP) Full Time, July 2022

Manufacturing Leadership Development Program (MLDP) Full Time, July 2022 Columbus, OH, US, 43215 Sep 21, 2021 0.00 mi

Columbus, OH, US, 43215 Sep 21, 2021 Manufacturing Leadership Development Program (MLDP) Internship, Summer 2022

Manufacturing Leadership Development Program (MLDP) Internship, Summer 2022 Columbus, OH, US, 43215 Sep 21, 2021 0.00 mi

Columbus, OH, US, 43215 Sep 21, 2021 Controls and Automation Engineer

Controls and Automation Engineer Amana, IA, US, 52204 Oct 20, 2021 0.00 mi

Amana, IA, US, 52204 Oct 20, 2021 Process Engineer

Process Engineer Biandronno, VA, IT, 21024 Oct 2, 2021 0.00 mi

Biandronno, VA, IT, 21024 Oct 2, 2021 HR Business Partner

HR Business Partner Comunanza, AP, IT, 63087 Oct 15, 2021 0.00 mi

Comunanza, AP, IT, 63087 Oct 15, 2021 EMEA Industrial Inventory Financial Analyst

EMEA Industrial Inventory Financial Analyst Pero, Milan, IT, 20016 Oct 7, 2021 0.00 mi

Pero, Milan, IT, 20016 Oct 7, 2021 HR Manager

HR Manager Biandronno, VA, IT, 21024 Oct 15, 2021 0.00 mi

Biandronno, VA, IT, 21024 Oct 15, 2021 Industrial Engineering Manager

Industrial Engineering Manager Clyde, OH, US, 43410 Sep 22, 2021 0.00 mi

Clyde, OH, US, 43410 Sep 22, 2021 MES Engineer

MES Engineer Amana, IA, US, 52204 Oct 12, 2021 0.00 mi

Amana, IA, US, 52204 Oct 12, 2021 Forklift Operator 2nd shift

Forklift Operator 2nd shift North Liberty, IA, US, 52317 Sep 30, 2021 0.00 mi

North Liberty, IA, US, 52317 Sep 30, 2021 Senior Manager, Procurement

Senior Manager, Procurement Apodaca, NLE, MX, 66634 Oct 13, 2021 0.00 mi

Apodaca, NLE, MX, 66634 Oct 13, 2021 Manufacturing Systems Analyst

Manufacturing Systems Analyst Radomsko, PL, 97-500 Oct 15, 2021 0.00 mi

Radomsko, PL, 97-500 Oct 15, 2021 Assembly Process Engineering Manager

Assembly Process Engineering Manager Amana, IA, US, 52204 Oct 11, 2021 0.00 mi

Amana, IA, US, 52204 Oct 11, 2021 HR Operations - On-Site Customer Service Manager

HR Operations - On-Site Customer Service Manager Apodaca, NLE, MX, 66634 Oct 17, 2021 0.00 mi

Apodaca, NLE, MX, 66634 Oct 17, 2021 Material Manager, Operations/Production

Material Manager, Operations/Production Amana, IA, US, 52204 Sep 30, 2021 0.00 mi

Amana, IA, US, 52204 Sep 30, 2021 Commodity Buyer

Commodity Buyer Fabriano, AN, IT, 60044 Oct 10, 2021 0.00 mi

Fabriano, AN, IT, 60044 Oct 10, 2021 Senior Analyst, Procurement

Senior Analyst, Procurement Apodaca, NLE, MX, 66634 Oct 6, 2021 0.00 mi

Apodaca, NLE, MX, 66634 Oct 6, 2021 Industrial Engineer

Industrial Engineer Amana, IA, US, 52204 Oct 3, 2021 0.00 mi

Amana, IA, US, 52204 Oct 3, 2021 Industrial Engineer

Industrial Engineer Amana, IA, US, 52204 Oct 1, 2021 0.00 mi

Amana, IA, US, 52204 Oct 1, 2021 Capital Investments Engineer

Capital Investments Engineer Wrocław, PL, 51-210 Oct 18, 2021 0.00 mi

Wrocław, PL, 51-210 Oct 18, 2021 (GPO) Associate, Engineering

(GPO) Associate, Engineering Joinville, SC, BR, 89219-900 Oct 9, 2021 0.00 mi

Joinville, SC, BR, 89219-900 Oct 9, 2021 Senior Analyst, Software Engineering

Senior Analyst, Software Engineering Pune, MH, IN, 411014 Sep 30, 2021 0.00 mi

Pune, MH, IN, 411014 Sep 30, 2021 Senior Analyst, Engineering

Senior Analyst, Engineering Pune, MH, IN, 411014 Oct 8, 2021 0.00 mi

Pune, MH, IN, 411014 Oct 8, 2021 Junior Level

Junior Level Apodaca, NLE, MX, 66634 Sep 26, 2021 0.00 mi

Apodaca, NLE, MX, 66634 Sep 26, 2021
Sours: https://jobs.whirlpool.com/key/whirlpool-plant-amana-iowa.html

Amana plant whirlpool

Whirlpool Amana Operations — 50001 Ready Facility

BACKGROUND

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Success with 50001 Ready to be Replicated Across the Company

Whirlpool Corporation is a manufacturer of major home appliances, with more than 50 manufacturing and technology research centers and 77,000 employees. The company markets Whirlpool, KitchenAid, Maytag, Amana, JennAir, and other major brands worldwide.

Whirlpool North America has a longstanding commitment to reducing water and energy use, designing zero-waste-to-landfill manufacturing plants, and using renewable energy. The company signed the DOE Better Plants pledge in 2009 and was named ENERGY STAR Partner of the Year in 2014. In 2015 and 2016, it earned the U.S. EPA Smart Way Excellence Award for its sustainable supply chain achievements in energy efficiency.

The 43-acre Whirlpool Amana Operations facility in Amana, IA manufactures French door and column refrigerators, with nearly 3,000 of its employees working out of one building measuring 2.2 million square feet. The plant became interested in 50001 Ready as part of its effort to requalify as a World Class Manufacturing (WCM) facility. The WCM concept is the philosophy of being the highest quality, fastest, and lowest-cost producer of a product or service. It involves continual improvement of products, processes, and services to provide the best choice for all customers. A goal for the Amana facility is to advance to the next WCM level, and achieving ISO 14001 and readiness for ISO 50001 will help to accomplish this goal.

In implementing 50001 Ready, the Amana plant produced tangible savings at low cost, which is particularly valuable to plants with older equipment and in challenging times. As the level of savings per dollar investment was higher than expected, Whirlpool is working to replicate the success of 50001 Ready across the company and the global enterprise. Whirlpool plans to implement 50001 Ready at all nine of its plants in North America.

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SOLUTIONS

50001 Ready helped the Amana plant save $450,000 in its first year of implementation with a 15% reduction in energy consumption as reflected in the plant’s last 12 months of energy bills.

Establishing an energy management system helped the plant identify its plastics processing line as a significant energy use. Consisting of 11 Rotovacs and four inline Thermoformers, the process line creates the plastic interiors and compartments of refrigerator doors. A spun ceramic thermal insulation material was selected for the Rotovac machines, resulting in 60% reduction in energy consumption for these machines.

“Through our 50001 Ready implementation, we discovered these ovens were over 500 degrees on the exterior of their casing and, after investigating, we found the ovens lacked any thermal barrier or insulation between their elements and the machine casing.”

Lance Bohlen
Whirlpool Amana’s Energy Pillar Leader

Additional benefits resulting from plastics processing line improvements included:

  • Annual savings of $300,000; savings of $20,000 per year per 12 machines, with some machines yielding savings upwards of $50,000.
  • Ambient temperature reduced by ~4°F, resulting in increased comfort and safety of nearby workers, as well as shorter machine run-time and warm-up times.
  • Increased and more consistent production quality.

These energy-saving measures have been so successful that plastics processing is no longer the top priority of the energy team and focus has shifted toward improving the performance of the air compressors. Repairing leaky compressed air distribution lines and hoses increased the energy efficiency of the plant’s air compression system, lowered noise levels, and prevented blown dust and dirt from getting inside manufacturing equipment—reducing breakdowns and promoting an extended equipment service life. Additional savings resulted from installation of occupancy sensors, LED lighting, and time delay relays placed in air handling equipment to alternate run times for lower peak demands.

“Achieving 50001 Ready is very important to the company. Amana is the first Whirlpool plant to achieve this designation and that is something all of us can be proud of.”

Humberto Silva
Plant Lead

Implementing a 50001 Ready Energy Management System

  • Investments. 50001 Ready helped the Amana plant achieve an annual savings of $450,000. Most of the projects undertaken had very low capital costs. Even the insulation added to the plastics machinery was low in cost. The most significant investment was for the purchase of devices to measure the energy consumed by various systems and pieces of equipment within the plant. Now that the team has the capabilities to effectively monitor key pieces of equipment, it can use these metrics to inform operations and support greater efficiency throughout the process line.
  • Reporting. The 50001 Ready Navigator task activities required regular reporting to corporate managers led the Amana plant to generate monthly energy reports that clearly document the plant’s achievements. These reports helped the plant to take top honors for energy savings across Whirlpool North America.
  • Management support. Plant executives readily recognized 50001 Ready as an opportunity to complement and leverage the plant’s WCM activities to earn additional savings and recognition. From a management perspective, 50001 Ready helped to formalize the plant’s internal management review process and enhanced its energy management effectiveness.
  • Energy Team.  The core energy team consisted of the team leader, a management representative, a process engineer, an autonomous maintenance specialist from the shop floor, a maintenance person, and a controls expert. At any given meeting, group size varied from four to nine people, depending upon production levels and includes additional staff as relevant.
  • Implementation and effort. The sequence of the 25 steps in the 50001 Ready Navigator guided the Amana team’s daily activities in a logical way and helped the energy team track and measure progress. The entire 50001 Ready preparation and implementation effort took about 18 months.
  • Professional experience for college students. To support activities in the Navigator tasks, the Amana plantleveraged the on-site presence of college students participating in intern or co-operative education programs. Involving college students in 50001 Ready expedited progress at the plant and helped build important skills in the future workforce.

Key Takeaways

A good energy management system provides a logical way to manage energy and reduce costs. A plant that has successfully implemented 50001 Ready can provide an example for other plants and employees around how energy awareness and simple changes can lead to real savings. 

WCM and 50001 Ready overlap in some ways, yet each approach delivers unique benefits. The energy component of WCM focuses primarily on identifying and solving energy usage problems, whereas 50001 Ready provides a formal system for managing energy effectively and continually improving energy performance.

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OTHER BENEFITS

Whirlpool team
Amana Whirlpool team photo. Photo courtesy of Madison Monahan, Whirlpool Corporation
Before and after photos of a Rotovac with and without thermal barrier
Before and after photos of a Rotovac with and without thermal barrier, photos courtesy of Lance Bohlen, Whirlpool Corporation.
Sours: https://betterbuildingssolutioncenter.energy.gov/showcase-projects/whirlpool-amana-operations-%E2%80%94-50001-ready-facility
Column Refrigerator Line - Amana, IA

#PlacesthatMatter: Amana, Iowa

He says there is a growing population at the plant of people coming from Africa, as well as from other countries. “They like to come here because it’s very peaceful,” Shabani says. “There’s not a lot of crime, and life is easier than in the big cities, and there are lots of jobs. It’s a nice place to raise a family.”

When he isn’t working or spending time with his family, he coaches and referees soccer in the local community, all the way up to the high school and college levels. “It’s fun for me. I like to watch the kids play and see how they improve, and teach them the game.”

Another employee who came to Amana, Iowa in search of a better life is supervisor Rasvita Hrustanovic. “I fled to the U.S. from Bosnia with nothing but two luggage bags and $350,” she says.

Her former farm and home are now burned to the ground, but today, she has built a new life. Hrustanovic owns her own home near Czech Village in Cedar Rapids and works hard to provide a better future than she had for her teenage son, while instilling in him her own hard work ethic.

Sours: https://www.whirlpoolcorp.com/places-that-matter-amana-iowa/

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*The photo above is not of the Whirlpool Plant in Middle Amana, Iowa.

The Whirlpool Corporation has sold its refrigeration plant in Middle Amana.

According to our news partner, Iowa's News Now, Whirlpool has confirmed the sale of the plant for $92.7 million to a real estate holding company based in Chicago, Illinois. The good news is Whirlpool says the sale won't impact operations at the plant.

The Iowa County Assessor site shows the five parcels of land, that features five buildings, were sold to Whramia001 LLC on October 26. A Whirlpool spokesperson told Iowa's News Now that the company is committed to the plant and the community. Their statement went on to say,

The company recently sold our Amana plant to a real estate holding company and we have entered into a long-term lease with the new owners. This is a common business practice that allows companies to optimize their real estate portfolios. There are no short or long-term changes to Whirlpool Corporation’s current business operations in Amana.

Middle Amana has a long history with appliances. The Amana brand was formed in Amana Colonies town in 1934. Maytag purchased Amana in 2001, with Whirlpool Corporation acquiring Maytag just five years later. Eighty-six years after the plant first opened, a variety of products are still made in Middle Amana. They bear the brand names Whirlpool, Maytag, KitchenAid, JennAir, and of course, Amana.

Here are 50 of your favorite retail chains that no longer exist.

Sours: https://khak.com/whirlpool-plant-in-middle-amana-has-been-sold/


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