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Whirlpool Corporation is an American multinational manufacturer and marketer of home appliances headquartered in Benton Charter Township, Michigan, United States. [2] In 2023, the Fortune 500 company had an annual revenue of approximately $19 billion in sales, around 59,000 employees, and more than 55 manufacturing and technology research centers globally.
Nine of the barges, which had sunk, later resurfaced after the whirlpool subsided. [15] [16] [17] A more recent example of an artificial whirlpool that received significant media coverage occurred in early June 2015, when an intake vortex formed in Lake Texoma, on the Oklahoma–Texas border, near the floodgates of the dam that forms the lake ...
In 1967, a refrigerator plant was opened near Green Road and South Service Road in Stoney Creek, Ontario, and production of dehumidifiers was added there in 1970 (now home to Mondelez). In 1972, Inglis produced its one-millionth automatic washer and began manufacturing and selling appliances under the Whirlpool brand name.
Here's Why Whirlpool Surged 13% Today (and Why There Could Be More to Come) Lee Samaha, The Motley Fool. October 24, 2024 at 12:37 PM. ... By 11 a.m. ET today, the stock was up 13%.
Over the following years, Whirlpool closed Maytag plants in Newton, Iowa; Herrin, Illinois; Searcy, Arkansas; and Jackson, Tennessee. The Hoover floor care plant in Canton, Ohio was sold to Techtronic Industries, and its Dixie-Narco vending machine plant in Williston, South Carolina was acquired by Crane Merchandising Systems. (Techtronic and ...
Frigidaire was founded as the Guardian Frigerator Company in Fort Wayne, Indiana, and developed the first self-contained refrigerator, invented by Nathaniel B. Wales and Alfred Mellowes in 1916.
In 2022, the company made a $70 million investment to build gas water heaters in Camden, South Carolina. [30] In March 2023, GE Appliances co-founded the Home Connectivity Alliance to support interoperability among various smart home devices. [31] In October 2023, GE Appliances opened CoCREATE, a new facility in Stamford, Connecticut.
After being cleared by a federal appeals court in January 1986, Whirlpool Corporation was cleared to purchase KitchenAid for $150 million, after initial complaints regarding competition from dishwasher manufacturers White Consolidated Industries and Magic Chef were dismissed. [8] [9] Refrigerators were added to the product line later in 1986. [1]