Electrolux to discontinue production at factory in Alcalà, Spain

Electrolux will discontinue production at a factory in Alcalà, Spain in 2011. The factory manufactures entry level washing machines for the Spanish, Portuguese, French and UK markets and has 450 employees. “The European market for household appliances is fiercely competitive. Unfortunately we can not manufacture products at a competitive cost level in the Alcalà factory which is why Electrolux will stop production there in 2011”, says Enderson Guimaraes, head of Electrolux Major Appliances Europe. The closure is scheduled to be completed during the first quarter of 2011. The closure of the factory will incur a total cost of approximately SEK 440 million, which will be taken as a charge against operating income in the fourth quarter of 2009 within items affecting comparability.

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Electrolux shapes living for the better by reinventing taste, care and wellbeing experiences, making life more enjoyable and sustainable for millions of people. As a leading global appliance company, we place the consumer at the heart of everything we do. Through our brands, including Electrolux, AEG, Anova, Frigidaire, Westinghouse and Zanussi, we sell more than 60 million household and professional products in more than 150 markets every year. For more information go to www.electroluxgroup.com.

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