Category: Electrolux

STOCKHOLM, Sweden, Feb. 12, 2004 (PRIMEZONE) — (ELUX) Electrolux is investigating a transfer of vacuum cleaner production in Vastervik, Sweden, to Hungary and a possible closure of the factory in Vastervik.

Electrolux Home Products plans to invest $6 million and add as many as 100 jobs in the next three years at an advanced technology center at its Anderson plant.

Electrolux of Sweden is interested in buying shares in Brest Gas Appliance Plant, a Russian-Belarussian joint venture.

Electrolux, one of the world’s leading home appliances maker based in Sweden, is challenging local electronics giants by tapping into a new class of consumers.

ELECTROLUX Home Appliances Sdn Bhd (Electrolux Malaysia) has introduced two new household products, the Oxygen Air Cleaner and Ultra Silencer vacuum cleaner.

Two major manufacturers announced over €100 million in new investments in Hungary last Thursday.

Electrolux Kelvinator Ltd (EKL) has shelved plans to use its excess capacity as a outsourcing platform top produce goods for other companies.

United Auto Workers President Ron Gettelfinger hit the nail on the head in explaining why Electrolux AB is closing its refrigerator plant in Greenville and moving it to low-wage Mexico.

Bad news at Electrolux isn’t enough to dull the spirit of hope for the faithful of Greenville.

Electrolux Kelvinator hopes to turn around by December next year following the success of its restructuring and rightsizing exercise.