Category: Electrolux

(Greenville, December 24, 2003, 7:16 a.m.) Its coming down to the wire to save Greenville’s Electrolux refrigerator plant and 2,700 jobs from moving to Mexico. In October, company officials told employees they may move production out of the country beginning in 2005. City officials responded by c…

BEIJING – Electrolux, one of the world’s biggest household appliance producers, announced here on Monday that it is planning to become the leader in China’s light home appliances market over the next three years

Electrolux Kelvinator Ltd (EKL), the Indian arm of the $2 billion Sweden-based AB Electrolux white goods giant, expects to clock profits from 2005. The company also expects to phase out the name Kelvinator in two years.

STOCKHOLM, Sweden, Dec. 17, 2003 (PRIMEZONE) — Electrolux repurchased 400,000 own shares of series-B, at an average price of SEK 152.59. After this transaction, the Company holds 16,323,872 own B-shares, corresponding to 5.0% of the share capital and 3.9% of the voting rights.

THE rising value of the Australian dollar is putting enormous pressure on Orange’s largest employer, the Electrolux fridge factory, forcing it to find new ways of cutting costs from its business to remain globally competitive.

That’s the day Greenville’s largest employer reveals whether it will keep its refrigerator plant in West Michigan or move the work to Mexico.

(Greenville, December 10, 2003, 7:56 a.m.) Executives from refrigerator giant Electrolux will be in Greenville this week to see what a task force has done to keep the plant and 2,700 jobs from moving to Mexico.

THE Electrolux group plans to purchase more parts and components from Malaysia as part of its target to source US$1.2bil worth of materials from Asia by 2005, its general manager of International Purchasing Offices (Asia) Jay Cheng said.

STOCKHOLM, Sweden (AP)–Electrolux AB chairman Rune Andersson said Monday he will step down in April to spend more time on his own group of companies.

Electrolux Home Products employees voted by a 3-1 margin Monday to ratify a three-year contract for workers at the St. Cloud freezer plant.