According to the European Union’s (EU) Waste Electrical and Electronic Equipment (WEEE) Directive, each manufacturer and importer of electrical appliances must finance the recycling of the electrical products it places on the market, beginning in August 2005. Presently, producers share recycling …
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Electrolux could pull plug on 27 western factories
Electrolux, the world’s leading domestic appliance maker, has put 27 plants on an “at risk” list as it speeds up moves to switch production to low-cost countries to maintain its global competitiveness. Its factory at Spennymoor in County Durham, which employs 600 people and makes conventional coo…
Maytag Rolls Out Real-Time Wireless System for Service Technicians
Technology connects repairmen directly to appliance maker’s enterprise system for routing, dispatch, delivery, field data collection and order completion. The typical Maytag repairman may get bored by a lack of service calls, but on the rare occasion when he’s on the road enterprise data and appl…
Electrolux to export Europe jobs
Electrolux saw its shares rise 14% on Tuesday after it said it would be shifting more of its manufacturing to low-cost countries. The Swedish firm, the world’s largest maker of home appliances, said it is to relocate about 10 of its 27 plants in western Europe and North America.
Electrolux Steps Up Cuts in N. America
Electrolux will shift more of its manufacturing to low-cost countries, dismaying its unions but boosting its share price by 14 percent as it grapples with rising raw material prices and stiff competition. The world’s top home appliances maker also said it expected to spin off to shareholders its …
Whirlpool Declares Quarterly Dividend
The board of directors of Whirlpool, at its regular meeting today in Chicago, declared a dividend of 43 cents per share on the company’s common stock. The dividend is payable March 15 to shareholders of record at the close of business on February 28.
Electrolux to Spin Off Outdoor Business After Profit Falls 37%
Electrolux AB, the world’s largest maker of household appliances, will spin off its outdoor-products unit and step up the relocation of production after fourth-quarter net income fell 37 percent. Electrolux said it plans to have shifted most manufacturing by 2008 as part of a plan to save 2.5 bil…
New Hampshire jury rules against Maytag in trademark case
DES MOINES, Iowa Maytag may have to change the name of a new kitchen appliances. That’s after a small business owner in New Hampshire won a trademark infringement case against the Iowa appliance maker.
Harry & Veritas
Harry Cichy who many will know from the now Infamous Hoover Flight promotion and one of UK Whitegoods most read story’s “Maytag Hoover & Harry and The Infamous Flight Promotion” Has taken on the role as a Party Activist for Robert Kiroy Silk Veritas Party. Cichy based in Hemel Hempstead, Hert…
Electrolux Reports Consolidated Results for 2004
Electrolux reported net sales in 2004 of SEK 120.7 billion (approx. U.S. $17.3 billion), and net income to SEK 3.1 billion (approx. $443.2 million), corresponding to SEK 10.55 (approx. $1.51) per share.