Electrolux to incur $70 million charge for U.S. overhaul
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(Reuters) - Swedish appliance maker Electrolux AB on Sunday said its North American business will incur costs of about $70 million (54.56 million pounds)in fourth quarter as part of costs incurred to move into a new facility in South Carolina.Electrolux is investing about $250 million in new product platforms at a facility in Anderson, South Carolina, and the plant will replace manufacturing in St Cloud, Minnesota, and manufacturing at another facility in Anderson, it said.The company also..