Shareholders of Maytag Corp. on Thursday approved the sale of the company to rival appliance-maker Whirlpool Corp. for about $1.79 billion in cash and stock.
Category: Domestic Appliance News
Domestic Appliance News
All the latest general news from the domestic appliance industry that we find all over the world, and stories that are of interest to the trade and public, often with our own unique non-politically correct spin on it.
We cover almost anything interesting to do with appliances or that affects the industry, including new product releases, scandals, recalls, mergers, takeovers and all the other juicy appliance news from around the world.
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Maytag says it will honor union pact
Hoover parent intends to keep N. Canton plant open at least three years, local officials report
Electrolux to expand fridge plant in Juarez
Appliance giant Electrolux AB is investing another $40 million to expand its new Juarez refrigerator production next year, company officials said Monday.
Homespares Launch New Vacuum Bag Range
Homespares have launched a new range of SWIRL “Micropor” vacuum cleaner bags offering a higher quality and longer lasting bag than previously available.
Whirlpool Spent $250 Million in North America
According to Whirlpool, it invested approximately $250 million in its North American manufacturing base in 2005.
Dispute over shutdown
A dispute has developed between Electrolux and the Australian Workers’ Union over wages lost when a toxic chemical spill shut the plant. The Edward Street factory shut down for two full shifts on December 4 and 5 after it was discovered a liquid chemical used in the polyurethane foam insulation o…
German workers ready to fight against transfer of production
Employees of German house appliances factory AEG in Nuremberg protest against plans of transferring production to Poland.
Whirlpool to lay off 730 at Ark. plant
Appliance maker Whirlpool announced Monday it plans to lay off 730 workers at its refrigerator plant in Fort Smith, Ark.
Electrolux Closing Plant, Cutting Jobs
Swedish home-appliance maker AB Electrolux will close its plant in Nuremberg, Germany, by the end of 2007, transferring production to Poland and Italy and eliminating 1,750 jobs.
WHIRLPOOL TO INVEST 77 MLN EURO IN CAMPANIA
(AGI) – Naples, Italy, Dec.6 – Investments totalling 77 mln euro, reclaim of the productive site east of Naples with 14 productive and logistic operations, 240 people to be hired (making the overall staff 1000 units), two advanced research laboratories cooperating with the engineering faculties o…