Independent electrical retailers are today being urged to sign up to the energy saving recommended scheme and take advantage of the new free toolkit from the Energy Saving Trust, as latest figures reveal increasing consumer demand for ‘greener’ products.
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Whirlpool Suppliers Expanding To Mexico
FORT SMITH, Ark. — Two Fort Smith manufacturers that supply the local Whirlpool Corp. refrigerator plant have launched operations in Mexico.
Samsung Hung Out To Dry
Samsung Electronics’ recently launched Silver Nano washing machine marketing is being put through the wringer by the Korea Consumer Protection Board.
White goods sales slow-down
Whites are slowing but independent retailers are doing better. SALES of white goods in 2005 are expected to be down by around five per cent, in volume terms, as the industry comes to term with the tough trading conditions brought on by subdued consumer confidence and increasing competition betwee…
CCT Telecom to sell Haier Electronics stake
CCT Telecom, a Hong Kong-listed cordless phone maker, will dispose of its stake in Haier Electronics Group at a premium of nearly 3 percent, sources said.
Maytag delays investor vote on Whirlpool deal
Appliance maker Maytag Corp. pushed back the date for a shareholder vote on its proposed acquisition by rival Whirlpool Corp. to Dec. 22 from Dec. 16 to allow more time to mail materials, the companies said in a statement.
Haier CEO ranked world most respected business leaders
Zhang Ruimin, CEO of Chinese white goods maker Haier Group, has just been awarded as one of the 50 most respected business leaders in the world. Financial Times, one of the authoritative British financial news media, released the rankings on Monday, with Microsoft CEO Bill Gates topping the list.
PRG’s sale of finance arm will free cash to pay debt
Eric Watson’s Pacific Retail Group yesterday agreed to sell its finance business for $145 million, concluding nearly a year of deliberations over its future. The deal with GE Finance, a finance arm of US giant General Electric, will free up cash to repay debt and help prop up its money-hungry Bri…
Study Disputes “˜Silver Nano’ Technology
Front-loading washing machine commercials these days are flaunting their sterilizing functions with phrases like “silver nano technology”; “silver ions,” and “steaming options.” Silver nano-enabled machines generate silver ions that allegedly kill off bacteria and fungi. However, it turns o…
Zanussi, Electrolux And Tricity Bendix Washing Machine Motors
A recurrent problem in the Public Forums concerns the above washers throwing water out and generally banging around. A brief explanation of how the motor works is called for. These are carbon brush motors, comprising a set of field coils around the outside of the motor and a live armature revolvi…