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From 2010 to late 2014, GE Appliances & Lighting was a sub-business under GE Home & Business Solutions. [ 12 ] On September 8, 2014, General Electric agreed to sell the company to Electrolux , a Swedish appliance manufacturer and the second-largest consumer appliance manufacturer after Whirlpool Corporation , for US$3.3 billion in cash.
Whirlpool Corporation is an American multinational manufacturer and marketer of home appliances headquartered in Benton Charter Township, Michigan, United States. [2] In 2023, the Fortune 500 company had an annual revenue of approximately $19 billion in sales, around 59,000 employees, and more than 55 manufacturing and technology research centers globally.
It was founded in 1934 by George Foerstner as the Electrical Equipment Co. in Middle Amana, Iowa, to manufacture commercial walk-in coolers. The business was later owned by the Amana Society and became known as Amana Refrigeration, Inc. [ 2 ] It is now owned by the Whirlpool Corporation . [ 3 ]
List of assets owned by General Electric: Primary business units. GE Aerospace; GE Power; GE Renewable Energy; Other business units. GE Additive; GE Capital. GE ...
Engineering crescendoed with a Double Drawer dishwasher which today is manufactured in Findlay Ohio at the Whirlpool Plant, the only Maytag legacy product built in the Whirlpool Appliance line-up. The Jackson plant evolved into a streamlined manufacturing facility that could build thousands of dishwashers daily on multiple lines.
Hotpoint continued as a subsidiary of GEC until 1989, when it was merged into a new division of GEC called General Domestic Appliances (GDA). 50% of GDA was purchased by General Electric (USA), with whom it owned the joint venture. In 1998, the Redring and Xpelair brands also joined GDA, and Hotpoint was categorized as part of GDA Applied Energy.
GE’s legendary CEO Jack Welch had built GE Capital—the division that did everything from real estate investing to junk bond financing—into a giant, and Jeff Immelt made it far bigger.
Articles related to brands owned by Whirlpool Corporation. Subcategories. This category has the following 2 subcategories, out of 2 total. I. Indesit Company (5 P) M.
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