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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.
Domestic refrigerators and freezers for food storage are made in a range of sizes. Among the smallest is a 4-litre (0.14 cu ft) Peltier refrigerator advertised as being able to hold 6 cans of beer. A large domestic refrigerator stands as tall as a person and may be about 1 metre (3.3 ft) wide with a capacity of 600 litres (21 cu ft).
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GE Appliances was originally a part of General Electric, a company which began marketing a full roster of heating and cooking products in 1907. [11] In January 2004, it became part of GE Consumer & Industrial when GE Consumer Products (founded in 1905) merged with GE Industrial Systems (founded in 1930) to form GE Consumer & Industrial.
In 1923, the company acquired AB Arctic and subsequently added absorption refrigerators to its product line. [ 14 ] [ 9 ] Other appliances soon followed, including washing machines in 1951, [ 15 ] dishwashers in 1959, [ 15 ] and food service equipment in 1962.
After declining by over 18% in 2022, the S&P 500 has been on a roll for the past two years. In 2023, the U.S. stock market's most important index gained over 24%, and so far in 2024 it has gained ...