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 facility in