Whirlpool Corp. (NYSE:WHR), recently broke ground on a $120 million cooking appliance plant and distribution center in Cleveland, a project expected to create 130 new jobs in the East Tennessee community.
Whirlpool is closing a 100-year-old facility and building a 1 million square-foot plant and 400,000 square-foot distribution center.
The LEED-certified facility is expected to start production of built-in cooking products in early 2012.
Whirlpool Corporation engages in the manufacture and marketing of home appliances worldwide.
Linn Energy, LLC (NASDAQ:LINE) announced a cash distribution for the third fiscal quarter of 2010 of $0.66 per unit, or $2.64 per unit on an annualized basis, for all of its outstanding units. This distribution represents an increase of approximately five percent over the second quarter distribution of $0.63 per unit. The distribution will be payable on November 12, 2010, to unitholders of record at the close of business on November 4, 2010.
Linn Energy, LLC, an independent oil and natural gas company, engages in the development and acquisition of gas and oil properties in the United States.
Ruth’s Hospitality Group, Inc. (NASDAQ:RUTH) reported unaudited financial results for its third quarter ended September 26, 2010.
Total revenues, which include Company-owned restaurant sales, franchise income, and other operating income, were $79.8 million compared to $76.1 million in the third quarter of 2009.
Company-owned restaurant sales increased 4.4% to $76.9 million for the third quarter of 2010 from $73.6 million in the same quarter last year. Total operating weeks increased 1.2% to 1,131 from 1,118.
Average weekly sales for Ruth’s Chris Steak House were $69.3 thousand in the third quarter of 2010 compared to $66.1 thousand in the third quarter of 2009. Average weekly sales at Mitchell’s Fish Market were $66.4 thousand compared to $67.9 thousand in the prior year third quarter.
Ruths Hospitality Group, Inc., together with its subsidiaries, operates restaurants in the United States and internationally. It operates the Ruths Chris Steak House, Mitchells Fish Market, Columbus Fish Market, Mitchells Steakhouse, and Camerons Steakhouse restaurant concepts in the full-service dining industry.
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