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From 2010 to late 2014, GE Appliances & Lighting was a sub-business under GE Home & Business Solutions. [ 8 ] 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.
General Electric Company. The General Electric Company (GE), known simply as General Electric, was an American multinational conglomerate founded in 1892, incorporated in the state of New York and headquartered in Boston. The company had several divisions, including aerospace, energy, healthcare, and finance. [7][8][9][10]
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.
Food in a refrigerator with its door open. A refrigerator, commonly fridge, is a commercial and home appliance consisting of a thermally insulated compartment and a heat pump (mechanical, electronic or chemical) that transfers heat from its inside to its external environment so that its inside is cooled to a temperature below the room temperature. [1]
Refrigeration is any of various types of cooling of a space, substance, or system to lower and/or maintain its temperature below the ambient one (while the removed heat is ejected to a place of higher temperature). [1][2] Refrigeration is an artificial, or human-made, cooling method. [1][2] Refrigeration refers to the process by which energy ...
With annual sales totaling $2 million, Admiral's products ranged from electronic equipment used by the U.S. military in World War II to consumer televisions. In 1950, Admiral was selling: a line of seven TV sets, with four models having a 12.5 in (32 cm) tube size, at prices between $179.95 and $379.95 (equivalent to $2,279 to $5,065 today); a ...