Iowa State University
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News Service

News Service:

Annette Hacker, director,
(515) 294-3720

Office: (515) 294-4777

05-11-06

Contacts:

Annette Hacker, News Service, (515) 294-3720

Mike Ferlazzo, News Service, (515) 294-8986

NEWS TIP: Iowa State University experts can comment on Whirlpool closures, job cuts

AMES, Iowa -- Whirlpool Corp. announced May 10 that it would cut 4,500 jobs, close plants and consolidate offices, 40 days after completing its acquisition of Newton, Iowa-based Maytag Corp.

Maytag's corporate headquarters, research center and washer and dryer plants in Newton will close, as will factories in Illinois and Arkansas. Administrative offices in Illinois, Canada and Mexico also are slated to close.

The Maytag name has been a part of Newton's history since 1893. Maytag began producing washing machines there in 1907, and in 1911 introduced the first washing machine with an electric motor.

Faculty at Iowa State University can provide perspective for the media. The following experts are available to discuss business and economic impacts of the pending Whirlpool closures and what they may mean in the Newton community and elsewhere.

Jon Ryan

State director, Small Business Development Center

(563) 340-2728 or jonryan@iastate.edu

Ryan will be meeting with one of Maytag's phase-out managers and can discuss entrepreneurial training, starting a business, and acquiring an existing business.

Peter Orazem

University Professor of economics

(515) 294-8656 or pfo@iastate.edu

Orazem can discuss labor economics and union relations; local, state and national employment statistics; and trade and manufacturing issues.

Frank Montabon

Assistant professor of operations & supply chain management

(515) 294-1208 or montabon@iastate.edu

Montabon can discuss issues related to offshoring of operations by major U.S. firms such as Maytag/Whirlpool, the direction of supply chain management in general, and U.S. business competitiveness. He just returned from the Institute of Supply Management conference where offshoring was a central issue.

Tim Borich

Associate dean for research and outreach, College of Design

Director, ISU Extension to Communities and Economic Development

Associate professor, community and regional planning

(515) 294-0220 or borich@iastate.edu

Borich can discuss community economic development, rural sociology and development, citizen participation and community planning.

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Peter Orazem

Orazem

Frank Montabon

Montabon


Jon Ryan

Ryan

Tim Borich

Tim Borich

(Click on photos for print-quality versions.)