Whirlpool to Expand Two of its Manufacturing Facilities

Whirlpool Corporation has recently announced its decision to expand its Ohio laundry-manufacturing facilities located in Clyde, Sandusky County and in Marion County. Whirlpool plans to invest over $53 million in new machinery and equipment, and is expected to create over 1,100 jobs, roughly split…

Whirlpool to cut 4,500 jobs at 3 plants

GRAND RAPIDS, Mich. “” Vic Ritter is disappointed and angry about Whirlpool’s decision to close the Maytag washing machine plant in Herrin, Ill., where he’s the mayor. But Ritter said yesterday he is hoping that Whirlpool will have a change of heart and decide to continue operating at least…

Whirlpool Corporation Reports Record 2006 First-Quarter Results

Whirlpool Corporation WHR today announced that net earnings increased 37 percent for the first quarter of 2006 to $118 million, or $1.70 per diluted share, compared to $86 million, or $1.26 per diluted share, in the same period last year. The increase reflects strong trade and consumer demand for…

Whirlpool-Maytag deal eyed by appliance rivals

Some of Whirlpool’s biggest appliance rivals said they were surprised the US Department of Justice required no divestitures in allowing the purchase of Maytag, but they do not expect the merger to affect their business strategies.

Whirlpool/Maytag Deal, An Opinion

As we all know there are currently allsorts going on in the US with regards to Whirlpool’s $1.68-$1.79 billion offer to buy its arch-rival, Maytag. The story is all over the web and media and you have to wonder what all the fuss is about. In this I’ll try to explain why it is important and why we…

US staff lawyers against Whirlpool-Maytag deal

Staff antitrust lawyers at the U.S. Justice Department are opposed to Whirlpool Corp.’s proposed acquisition of rival Maytag Corp., and a final decision about whether to block the deal could be weeks away, a source close to the matter said on Friday

Thumbs up for Appliances Duo Proposed Merger

Whirlpool and Maytag corporations proposed merger has been cleared by the Competition Bureau of Canada recognizing the home appliances industry is open and competitive. Whirlpool Corporation and Maytag Corporation today announced that their proposed merger has been cleared by the Competition Bure…