Category: Maytag

Shares of Maytag Corp. rose more than 7 percent on Monday after the appliance maker backed its previous forecast for 2005 profit, which is currently above average Wall Street expectations. The maker of Jenn-Air and Amana appliances said it was on track to achieve $150 million in annual savings fr…

Maytag today reaffirmed its business strategies and guidance during the 26th annual Raymond James Institutional Investors Conference in Orlando, Fla., saying that Maytag is a much different company than it was a year ago. Chairman and CEO Ralph F. Hake commented, “We are realizing the cost saving…

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…

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.

As Maytag Corp. cuts costs to boost profits, analysts also say the appliance maker needs to develop innovative products that stand out to capitalize on a consumer shift to washers and refrigerators with extra features. Maytag, whose earnings have been pinched by high steel costs and a slump at it…

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…

Maytag Corp. plans a $65 million expansion at its Amana refrigeration plant that would add 200 jobs. The Newton-based appliance maker said Thursday that it chose Iowa to launch a refrigerator product over foreign suppliers and its plants in Mexico and elsewhere in the United States.

In cooperation with CSA International, Maytag Corporation of Newton, Iowa is voluntarily recalling approximately 30 Jenn-Air Downdraft Gas Cooktops in Canada. The recalled cooktops have switches located too close to the gas tubing leading to the grill burner. Electrical arcing can cause the tubin…

Credit spreads on Maytag Corp. have weakened following news that retailer Best Buy Co. will no longer carry its appliances but market participants are divided over where spreads go from here. Best Buy , the fourth-largest U.S. appliance retailer, said on Wednesday it would stop selling Maytag’s m…

Maytag UK is the one player in the premium sector of American refrigeration brings another first to the market with the launch of the Maytag TriLogy. Maytag is the original American refrigeration manufacturer, with an established appliance business spanning almost 100 years, and is renowned for p…