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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.
Kelvinator ad from 1920 Kelvinator refrigerator, c. 1926. The enterprise was established on September 18, 1914, in Detroit, Michigan, United States, by engineer Nathaniel B. Wales, who introduced his idea for a practical electric refrigeration unit for the home to Edmund Copeland and Arnold Goss.
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. The deal ...
Major appliances, also known as white goods, comprise major household appliances and may include: air conditioners, [10] dishwashers, [10] clothes dryers, drying cabinets, freezers, refrigerators, [10] kitchen stoves, water heaters, [10] washing machines, [10] trash compactors, microwave ovens, and induction cookers.
The use of gas eliminated the need for an electric compressor motor and decreased the size of the refrigerator. However, electric companies that were customers of GE did not benefit from a gas-powered unit. Thus, GE invested in developing an electric model. In 1927, GE released the Monitor Top, the first refrigerator to run on electricity. [35]
In May 2006, Best Buy acquired a majority interest in Chinese appliance retailer Jiangsu Five Star Appliance for $180 million. At the time of the deal, Jiangsu was the fourth-largest appliance chain in China with 193 stores across eight Chinese provinces. [44] In June, the company opened Geek Squad precincts at Office Depot in Orlando, Florida ...