Fisher & Paykel Appliances Holdings Ltd. (FPA.NZ), a New Zealand home appliances maker, said Friday it could increase distribution of its products in the U.S. by around 50% after signing a deal with U.S. home improvement chain Lowes.
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.
If you have a story to share, please let us know or contact us on admin@ukwhitegoods.co.uk or contact Kenneth here
The Bank of New York Selected as Successor Depositary
The Bank of New York, a global leader in securities servicing, has been selected by AB Electrolux as successor depositary for its American depositary receipt (ADR) program. The company’s ordinary shares are listed on the Stockholm Stock Exchange and the London Stock Exchange. The Electrolux ADRs …
Ozone layer still at risk – Climate Alliance and RAL
The Climate Alliance and the RAL Quality Assurance Association are warning against the large quantities of chlorofluorocarbons (CFCs) still found in end-of-life refrigerator and freezer appliances. If not disposed of properly, CFCs will destroy the life-preserving ozone layer in the Earth’s upper…
Electrolux to cut 300 jobs
Electrolux has announced that up to 300 jobs would go as the company closes some production and reorganises its refrigeration plants in New South Wales and South Australia.
LG Electronics triples Q1 net profit
LG Electronics said its first-quarter net income more than tripled as strong exports offset slow domestic sales. Net income soared to 585 billion won ($506 million) from 189 billion won a year ago, while sales rose 19 percent to a record 6 trillion won, beating analyst forecasts.
Hoover Sucking Strength from Maytag
Appliance maker Maytag Corp. (MYG) on Thursday reported a strong rise in quarterly profit but its shares fell 6 percent on weakness at the Hoover vacuum unit.
Hualing sets sales goal at millions
Mainland whitegoods maker Hualing Holdings hopes to sell one million units each of air-conditioners and refrigerators this year after recording strong sales in the first quarter.
Electrolux: Speech by Hans Straberg at AGM
Shareholders, guests, ladies and gentlemen, In recent weeks, I have traveled the world, meeting managers from various parts of our company. All in all, I have personally met over 700 managers at five different gatherings, in Venice, Brussels, Stockholm, Atlanta and Bangkok. At these gatherings, I…
Hoover may face more strike action
HOOVER staff in Merthyr Tydfil have staged a one-day strike in protest at a pay freeze at the white goods factory.
New 32-Bit RISC MCU Family From Toshiba
Toshiba America Electronic Components, Inc. (TAEC)* today announced the introduction of a new 32-bit single-chip MIPS-based(TM) reduced instruction set computer (RISC) microcontroller (MCU) family. Designated TX19A70, the new devices provide simultaneous vector motor control of inverter motors an…