Detroit - Whirlpool is investing $1 billion in its U.S. footprint, chairman/CEO Jeff Fettig told the Detroit Economic Club here yesterday.

The company said those investments include a new manufacturing plant now under construction in Cleveland, Tenn.; improvements to its Amana, Iowa, and Clyde and Ottawa, Ohio, facilities; and a new $85 million office campus at its Benton Harbor, Mich., headquarters.

In his address, Fettig said Whirlpool is "very confident in the future of U.S. manufacturing," and looks to increase its revenue 33 percent over the next three years to $24 billion, the Detroit News reported.

 "I have never seen more opportunities for growth than I see today," he said.