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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]
A hot plate can be used as a standalone appliance, but is often used as a substitute for one of the burners from an oven range or a kitchen stove. Hot plates are often used for food preparation, generally in locations where a full kitchen stove would not be convenient or practical. A hot plate can have a flat or round surface.
Induction cooking surfaces work well with any pans with a high ferrous metal content at the base. Cast iron pans and any black metal or iron pans are compatible. Stainless steel pans are compatible if the base of the pan is a magnetic grade of stainless steel. If a magnet sticks well to the bottom of the pan, it is compatible.
A "drop-in range" is a combination stovetop-and-oven unit that installs in a kitchen's lower cabinets flush with the countertop. Most modern stoves come in a unit with built-in extractor hoods. Today's major brands offer both gas and electric stoves, and many also offer dual-fuel ranges combining a gas stovetop and an electric oven.
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