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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.
During the 1950s, the 'white goods,' or laundry and kitchen appliance industry, grew rapidly. Maytag first entered the commercial laundry field at this time, manufacturing washers and dryers for commercial self-service laundries and commercial operators.
In 1967, a refrigerator plant was opened near Green Road and South Service Road in Stoney Creek, Ontario, and production of dehumidifiers was added there in 1970 (now home to Mondelez). In 1972, Inglis produced its one-millionth automatic washer and began manufacturing and selling appliances under the Whirlpool brand name.
Image source: Getty Images. Management delivered (just), with MDA NA EBIT margin up 7.3% from 6.3% in the second quarter. Whirlpool will need another 170 basis points to reach 9%, but price ...
The U.S. appliance manufacturer is the subject of deal speculation. For premium support please call: 800-290-4726 more ways to reach us
Speed Queen makes a large variety of residential and commercial products, from 25-pound (11 kg)-capacity tumblers to 250-pound (110 kg) washer-extractors, as well as dryers. Its commercial machines are a popular brand for laundromats , apartment buildings, and hotels .