Whirlpool Corporation · NYSE:WHR
Whirlpool — Corporate Update (January 2015)
14 slides from Whirlpool's corporate update, Jan 27, 2015
Slide 1: 2014 Annual Progress Report presentation to Fort Smith City Directors
On Thursday, January 15, 2015, Whirlpool submitted the 2014 Annual Progress Report to the Arkansas Department of Environmental Quality (ADEQ), the residents of Fort Smith, and the Directors and staff of the City of Fort Smith. The Annual Progress Report summarizes all the 2014 activities related to
Slide 2: Summary
Summary: As can be seen on the timeline above, Whirlpool’s work in Fort Smith during 2014, the first twelve months of the two-year process described in the 2013 RADD, was extensive. The activities included completing groundwater oxidation injections, proposing and executing supplemental hot-spot soi
Slide 3: Remediation - Completed Activities Required by the RADD
Remediation - Completed Activities Required by the RADD: In 2014, Whirlpool completed the following remedial activities required by the RADD: • Submitted work plans to ADEQ; • Conducted bench scale tests of in-situ chemical oxidation (ISCO) in a laboratory; • Administered three phases of ISCO inject
Slide 4: Remediation - Completed Supplemental Activities
Remediation - Completed Supplemental Activities: In addition to the work required by the 2013 RADD, Whirlpool completed the following supplemental activities in 2014: • Voluntary supplemental investigation beneath the manufacturing building; • Voluntary supplemental ISCO treatments in the “neck area
Slide 5: Validation – Extensive Analysis
Validation – Extensive Analysis: Whirlpool continues to closely monitor the TCE plume to confirm there is no exposure risk to area residents or to workers on the Whirlpool property. To supplement the soil and groundwater data collected from soil probes, five additional groundwater monitoring wells w
Slide 6: Validation – Impact and Results
Validation – Impact and Results: Implementation of the Adaptive Remedy activities completed in targeted areas in 2014 resulted in the following: • An approximate 55% reduction in TCE concentrations in the “neck area,” located on the Whirlpool property in the parking area north of the northwest corne
Slide 7: Validation – Observations From Groundwater Monitoring
Validation – Observations From Groundwater Monitoring: Observations from groundwater monitoring showed: • A separation of the plume in the neck area, signaling that TCE in Area 1 is not contributing to contamination beneath the neighborhood to the north; • A small expansion of the plume boundary in
Slide 8: Validation – Ongoing Scientific Process
Validation – Ongoing Scientific Process: Extensive data collected in 2014 confirmed the prior decision that there is no change in the prior determination that there is no health risk to area residents, no health risks to employees, visitors or workers at the Boys and Girls Club from the impacted gro
Slide 9: Validation – Vapor Intrusion Testing
Validation – Vapor Intrusion Testing: The vapor intrusion testing process measures TCE concentrations in soil vapors and groundwater to ensure any TCE vapors that reach the surface are not causing health risks. To reach indoor air, TCE vapors coming off groundwater must make it through layers of soi
Slide 10: Resolution – Extensive Work to Achieve a Fair, Transparent Resolution
Resolution – Extensive Work to Achieve a Fair, Transparent Resolution: With the goal of reaching fair resolutions based on unique individual circumstances, Whirlpool continues to communicate with legal representatives of property owners affected by the TCE. In July 2014, Whirlpool reached a resoluti
Slide 11: Redevelopment
Redevelopment: In 2014, Whirlpool made significant progress toward the site’s redevelopment. The warehouse was sold to Spartan Logistics in September. Spartan is already generating new economic activity in the area and has indicated an intention to invest further in this property. Whirlpool remains
Slide 12: Community Engagement – Ongoing
Community Engagement – Ongoing: Whirlpool undertook a series of activities to keep residents of Fort Smith informed of important developments in 2014. Whirlpool continues to regularly update the website WhirlpoolFortSmith.com to provide the Fort Smith community, elected officials and members of the
Slide 13: Looking Forward - Next Steps in 2015
Looking Forward - Next Steps in 2015: Whirlpool will continue to meet its commitments to the Fort Smith community in 2015 on all fronts. Consistent with Whirlpool’s commitment to transparency, we have outlined the anticipated timeline for upcoming reports and events in 2015. 13
Slide 14: Conclusion
Conclusion: Whirlpool appreciates the City Directors’ interest in receiving ongoing updates regarding the progress toward meeting the goals of the RADD. The regulatory and political process is working when options, plans, and results are openly shared and sometimes differing perspectives are appropr