U.S. Markets closed

Whirlpool to cut 500 EMEA jobs in dryer manufacturing unit

A Whirlpool logo is seen on a range door at the Whirlpool manufacturing plant in Cleveland, Tennessee August 21, 2013. REUTERS/Chris Berry

(Reuters) - Whirlpool Corp (WHR.N) said on Tuesday it would restructure its Europe, Middle East and Africa dryer manufacturing operations, and cut about 500 jobs in the region.

The world's No. 1 maker of home appliances said production at its Amiens, France, facility would cease in 2018 as part of the restructuring. (http://bit.ly/2iZVd3P)

The company said its Yate, UK, facility would now focus on manufacturing for UK consumers solely, and the production of dryers for non-UK consumer needs would be concentrated in Lodz, Poland.

Whirlpool said it expects to incur about $88 million in costs related to the restructuring.

The company previously said it expects restructuring charges of up to $200 million for 2016.

(Reporting by Ankit Ajmera in Bengaluru; Editing by Martina D'Couto)