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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.
In March 1985, the Malleable Iron Range Company filed for bankruptcy protection with assets of $7 million and debts of $5.8 million. [9] In July, 1985, the assets, excluding buildings and land, were purchased for $2.36 million by the Famco Machine Division of Belco Industries of Kenosha, Wisconsin. [10]
The Magic Chef name was so successful as an oven and stove brand that American Stove Company changed its name to Magic Chef, Inc. in 1951. [ 2 ] [ 3 ] [ 4 ] The company remained well known for its gas stoves , but attempts to spread the brand to other household appliances were unsuccessful.
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The Moffat Stove Company, Limited was established in 1892 in Weston, Toronto, Ontario and manufactured stoves and ranges that have been widely distributed across the continent and even used extensively in Europe and Asia. Moffat Stoves are credited with inventing the first electric ranges for the domestic market.