As previously reported, Indesit Company, is reported to be moving a substantial part of its production to Lodz, central Poland from Peterborough in England. Some 400 employees of the Indesit owned factory based in Woodston near Peterborough Which produced Hotpoint refrigerators have received…
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General Electric Confirms It Is Exiting The Appliance Business
GE’s Chairman and CEO Jeff Immelt says while GE Appliances “has a very strong brand,” it’s primarily a U.S. business and that means its “fortunes are tied to the rise and fall of a single market.” GE’s appliance unit is primarily a domestic business and has been in a sharp decline, together with …
Report Proves Washing Powders Do Not Cause Skin Problems
We often hear that cleaning detergents used in washing machines and washer dryers cause people to have skin problems and, for many years, we have been telling people that this just isn’t the case. A few days ago The Times reported that scientists have no proven that this is in fact the case. The …
Indesit To Close Hotpoint Peterborough
More than 420 workers stand to lose their jobs following the decision to close the Peterborough factory making Hotpoint and Indesit fridges. Indesit says the closure of the complex in Peterborough has been prompted as there has been a decline in the market for fridges across the UK. Although trad…
GE To Sell Off Appliance Division?
Bloomberg and other have today reported that General Electric have been said to perhaps be selling or seeking a partner for the unit that makes refrigerators and washers, ending more than a century in an industry. GE, the biggest maker of appliances for new U.S. homes, hired Goldman Sachs Group I…
DSG To Axe Up To 400 Jobs
As was reported in the Rumour Mill Forum a few days ago it seems to be confirmed by a report in the Times that DSG is to shed up to 400 jobs at its head office. There are no reports of further cuts at present. The new chief executive of DSG International (Currys, Dixons, PC World, Pixmania) is ex…
LG & Whirlpool Spat Update
Suits and counter suits between Whirlpool and LG Electronics are mounting in a Delaware district court here over alleged refrigerator patent infringements. In the latest round of legal wrangling, Whirlpool has added four more patent violations to an existing suit in which it is seeking injunctive…
Indesit Launch Smart Cards For Appliances
We’d heard the rumours that this was going to happen and, it appears, that the rumours were in fact true yet again. Indesit have launched “smart cards” to reprogram their appliances which include washing machines, washer dryers, dishwashers, cookers and some refrigeration products. Indesit states…
Indesit Expanding With The Scholtes Brand
Indesit is considering acquisitions in China, India and the United States in order to expand internationally and take advantage of the strong euro the La Repubblica newspaper reports. In a report mostly citing analysts, the newspaper said CEO Marco Milani is considering a marketing campaign to bo…
Whirlpool Signs Deal With Hisense In China
Whirlpool and Chinese conglomerate Hisense have formed a joint venture to serve the vast consumer market in China which was announced on Monday. The 50-50 joint venture was formed “for the delivery of new world-class and innovative appliances to consumers in China,” they said in a statement.