MAYTAG is to enter the built-in cooking market in the run-up to Christmas.
And this will be followed by moves into the built-in home laundry and dishwasher markets early in 2006.
In an exclusive interview with ERT Weekly, Maytag’s UK managing director Richard Thompson said that the launch of the new built-in ranges – with built-in cooking planned for September – are expected to double the size of the Maytag UK business.
From ERT Weekly
Is Whirlpool serious, or just curious? After making a tentative proposal to acquire appliance-industry rival Maytag Corp., Whirlpool is now conducting an in-depth review of the target company’s non-public information. This process is known as “due diligence”–a prerequisite to closing a deal.
About one thousand repairmen employed by Maytag before the appliance maker was bought by Whirlpool earlier this year are expected to begin working for a different repair company next year.
Maytag Corp. (MYG) expects appliance industry sales this year to top 2003’s level as first-quarter sales exceeded expectations, executives said on Friday.