Indesit Factory Closes A Week After Re-opening

Agency workers controversially employed at a Bodelwyddan factory have been told to go. Last week, 37 workers at the Indesit factory in Kinmel Park were informed that they were no longer needed as the work was finished. Indesit sparked anger when it took on staff from a recruitment agency rather t…

Best Buy Launch Online Store

The US electricals store Best Buy have launched an online shop in the UK to take the fight to its rivals Currys, Comet and Argos on to the web. Best Buy, which opened its first UK store in May and now has five, will deliver across the UK, but not in the Channel Island or the Isle of Man. The elec…

GE Spend $432M And Add 500 U.S. Appliance Jobs

General Electric Co. plans to spend $432 million and add 500 U.S. jobs to design and make energy efficient refrigerators, returning positions to a division up for sale as recently as 2008. Factories and design centers in Bloomington, Indiana; Louisville, Kentucky; Decatur, Alabama; and Selmer, Te…

Tesco To Launch Home Repair Service

The Sun has reported that Tesco is moving into household repairs and selling handyman services ranging from plumbing to pest control. Britain’s biggest supermarket is offering a “one- stop shop” for odd jobs in a trial at its store in Swindon, Wiltshire. Under a new banner of Tesco Home Services,…

Whirlpool -v- LG, Whirlpool Wins

Whirlpool have announced that a jury in the United States District Court (Chicago) decided unanimously in favor of Whirlpool, finding that Whirlpool steam dryers do, in fact, create steam, and refusing to award any relief to LG. The jury’s decision marks the second time this year that Whirlpool h…

Speculation That Comet To Be Sold To Best Buy?

Earlier this month Kesa shares rose as much as 14% in London trading on speculation that the operator of Comet. It has been reported that Best Buy may make an offer, the Financial Times Alphaville column said, without saying whether it was referring to Best Buy Co. or Best Buy Europe, a joint ven…

New Washing Machine Manufacturer Starts Production

The National Integrated Industries Complex (NIIC), the first industrial complex of its kind in the Middle East, announced the full preparation of its washing machines factory, as its production lines and operation have actually kicked off. This step is part of the final phase of setting up the in…

Currys Launch A Range Of Cheap Appliances

Currys has launched a new range of basic, “no frills” appliances this month. The press release says that the Essentials collection, encompasses a breadth of everyday domestic products ““ from TVs to toasters, washing machines to whisks ““ offers no-nonsense products, for those who wan…

Iran’s Entekhab to buy Daewoo For $513M

Unlisted Iranian appliance maker Entekhab Industrial Group will sign a deal soon to buy South Korea’s Daewoo Electronics for about 577.8 billion won ($513 million), Daewoo’s leading creditor said on Wednesday. Woori Bank, which represents creditors-turned-shareholders of the unlisted Korean firm,…