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On June 6, 2016, Qingdao Haier (now Haier Smart Home Company) acquired GE Appliances for $5.6 billion. Under the terms of the sale, Haier has the right to use the GE brand name until 2056. GE Appliances launched a refreshed tagline ("good things, for life") in 2017, [ 14 ] [ 15 ] [ 16 ] a nod to its history with General Electric, which used the ...
An electric plate cooktop. A cooktop (American English), stovetop (Canadian and American English) or hob (British English), is a device commonly used for cooking that is commonly found in kitchens and used to apply heat to the base of pans or pots. Cooktops are often found integrated with an oven into a kitchen stove but may also be standalone ...
Also in 2007, GE Oil & Gas acquired Vetco Gray for $1.9 billion, [73] [74] followed by the acquisition of Hydril Pressure & Control in 2008 for $1.1 billion. [75] [76] GE Plastics was sold in 2008 to SABIC (Saudi Arabia Basic Industries Corporation). In May 2008, GE announced it was exploring options for divesting the bulk of its consumer and ...
The electrical stove slowly began to replace the gas stove, especially in household kitchens. Electric stoves and other household appliances were marketed by electrical utilities to build demand for electric power. During the expansion of rural electrification, demonstrations of cooking on an electric stove were popular. [12]
Quick Meal manufactured the stoves, with Ringen Stove handling sales and distribution of the entire output of Quick Meal's production. The phenomenal growth of these two companies during the 1880s and 1890s led to the merger of eight other stove companies in St. Louis, Chicago and Cleveland in 1901 to form the American Stove Company. [1]
GE Power (formerly known as GE Energy) was an American energy technology company owned by General Electric (GE). In April 2024, GE completed the spin-off of GE Power into a separate company, GE Vernova. Following this, General Electric ceased to exist as a conglomerate and pivoted to aviation, rebranding as GE Aerospace.
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