Maytag Corp. will lay off more employees in Newton next week. Maytag cut more than 300 manufacturing positions last year at its Newton plant. It is unclear how many employees will be affected. At the Medicine Shoppe Pharmacy, pharmacist Larry Ambroson said that the future of Maytag is a source of…
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Harry Looks Into Warranty covers
The Consumer Champian Harry Cichy from the Infamous Hoover free flight debacle. Is Looking Into Warranty covers sold by large Electrical retailers. Harry say’s ” Are these Warranty’s worth the paper they are written on”. In many cases the cost of a the Warranty, seems to be more than the goods th…
Increased costs hurt profits at Whirlpool
BENTON HARBOR (AP) — Higher material and transportation costs offset increased sales as Whirlpool Corp. reported a 21.8 percent drop in fourth-quarter earnings, but the appliance maker’s performance still surpassed Wall Street’s expectations.
SELL A COPIED KETTLE AND GO TO JAIL
Electrical retailers who knowingly sell counterfeit or copied product could go to jail under a new European law.
Welsh councils gain £2.83m fridge recycling windfall
Welsh local authorities are being given an extra £2.83 million this financial year to help with the recycling of domestic fridges.
World Commercial Refrigeration Demand to Grow Through 2008
World demand for commercial refrigeration equipment is projected to rise 5.3 percent per year (including price increases) through 2008 to U.S. $25.8 billion, with developing nations expected to register the strongest gains, according to research from The Freedonia Group, Inc.
Whirlpool Reports Record 2004 Sales
Whirlpool Corporation announced fourth-quarter 2004 net earnings of U.S $97 million, compared to $124 million, in the same period last year. Record net sales for the fourth quarter of $3.63 billion increased 8.1 percent from the previous year’s results. Excluding currency translations, net sales …
Fisher & Paykel Downgrades Fiscal Year Net Profit
High raw materials costs and low-cost imports from Asia prompted Fisher & Paykel Appliances Ltd. to cut its current year profit forecasts by as much as 19 percent.
Manufacturer Seeks Repair Agents
UK Whitegoods has again been approached to look for agents in specific areas of the UK across all wet and cooking products including natural and LPG gas fired appliances. The particular problem areas are detailed on the following map although agents may well be required in other areas not detaile…
Procter & Gamble Acquires Gillette
The Procter & Gamble Company (P&G) announced it has signed a deal to acquire 100 percent of The Gillette Company, creating what some believe is the world’s largest consumer goods company. The transaction is valued at approximately U.S. $57 billion.