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Kelvinator was an American home appliance manufacturer and a line of domestic refrigerators that was the company's namesake. Although it is now defunct as a company, the name remains a brand owned by Electrolux AB .
Mason accepted, but placed one condition on the job: Nash would acquire controlling interest in Kelvinator, which at the time was the leading manufacturer of high-end refrigerators and kitchen appliances in the United States. As of 4 January 1937, the resulting company was known as Nash-Kelvinator. As a brand name, Nash continued representing ...
Kelvinator consumer products, before and after the merger with Nash, were considered an upmarket brand of household appliances. In 1954, Nash-Kelvinator acquired Hudson Motor Car Company of Detroit, Michigan, in what was called a mutually beneficial merger that formed the American Motors Corporation. It was the largest corporate consolidation ...
The Nash-Kelvinator/Hudson deal was a straight stock transfer (three shares of Hudson listed at 11 + 1 ⁄ 8, for two shares of American Motors and one share of Nash-Kelvinator listed at 17 + 3 ⁄ 8, for one share of American Motors) and finalized in the spring of 1954, forming the fourth-biggest auto company in the U.S. with assets of US$355 ...
Nash gave up the presidency in 1932, but remained board chairman. Nash wanted George W. Mason as his executive vice president, and to have Mason, he had to buy Kelvinator, a leading manufacturer of refrigerators. [20] After twenty years of success in running his company, Nash turned it over in 1937 and the merged company was renamed Nash ...
Leonard merged with Kelvinator in 1926. The Leonard brand of appliances continued to be sold exclusively through Leonard dealers, as well as through Canadian and English dealers. The Leonard brand of appliances continued to be sold exclusively through Leonard dealers, as well as through Canadian and English dealers.
Hudson's first factory at Mack and Beaufait Avenues, 1909 photo [1] 1910 Hudson Model 20 Roadster 1917 Hudson Phaeton 1919 Hudson Phantom, 1919 photo. The name "Hudson" came from Joseph L. Hudson, a Detroit department store entrepreneur and founder of Hudson's department store, who provided the necessary capital and gave permission for the company to be named after him.
Nash-Kelvinator's President George W. Mason saw that the company needed to compete more effectively and insisted a new car had to be different from the existing models in the market offered by the "Big Three" U.S. automakers. Mason also realized the basic problem that had eluded others trying to market smaller-sized cars to Americans: low price ...