Whirlpool have recently announced a 30% hike in its investments in Brazil for 2011. The company’s total investment in the Latin American country amounted to about $180 million last year.
Category: Whirlpool
Whirlpool news and information on new products, company news and information and so on.
Whirlpool Takes On LG & Samsung
Whirlpool Corp. said Wednesday that South Korean government subsidies are enabling Samsung Electronics and LG Electronics to sell some refrigerators made in South Korea and Mexico in the U.S. at less than fair value.
Whirlpool Profits Hit By Increased Costs
Whirlpool is raising prices of its goods this year to combat rising costs of materials like steel, plastics and paint, echoing a similar move from Swedish rival Electrolux. Whirlpool missed quarterly profit estimates and plans to boost productivity as it waits for demand in mature markets l…
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…
Panasonic & Whirlpool Subsidiary To Plead Guilty To Price Fixing
Japanese electronics giant Panasonic Corp. and a subsidiary of Michigan-based appliance manufacturer Whirlpool have agreed to plead guilty and pay more than $140 million in criminal fines for their roles in an international price-fixing scheme, the U.S. Justice Department said Thursday. The compa…
Whirlpool To Open $120M Facility
Whirlpool are to invest $120 million in a new, 1 million-square-foot manufacturing facility in Cleveland, Tennessee, the company and state officials announced today, making it the company’s largest investment anywhere. The new plant will replace a 100-year-old facility in Cleveland. Whirlpool als…
Whirlpool Cleared By EU To Buy Otto Appliance Brand
Whirlpool has received EU regulatory approval to buy the Privileg home appliances brand from German mail order group Otto. The activities of Whirlpool and Privileg overlap in major and small domestic appliances but the deal will not raise competition concerns, the European Commission said in a st…
Whirlpool Announce Production Closures
Whirlpool have announced changes to its North American manufacturing operations, including the closure of its machining facility in Benton Harbor, Michigan. The Company’s newest, most energy efficient laundry products will be manufactured at the Clyde, Ohio, manufacturing facility. As a result, t…
Whirlpool Loses Patent Battle
Whirlpool, currently the world’s largest appliance manufacturer, has lost a round in a patent fight with LG Electronics according to Reuters as the companies battle for the premium U.S. appliance market.
Whirlpool Production To Start In Canada, Layoffs Elsewhere
Whirlpool has announced the former Ottawa W.C. Wood freezer manufacturing site will become an official Whirlpool factory, starting May 3rd with 190 full-time employees. Whirlpool bought the factory and some inventory in December after W.C. Wood filed for bankruptcy protection and ceased productio…
