Whirlpool is getting out of Russia and will sell its operations there to an appliance company based in Istanbul, Turkey. The deal includes Whirlpool’s manufacturing site in Lipetsk, sales organization in Moscow, and sales operations in Kazakhstan and elsewhere in eastern Europe. The Benton Harbor-based company expects to love between 300 and 400-million dollars in the second quarter of this year from the sale. It is expected to be finalized later this year.
