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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.
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]
On September 8, 2014, General Electric agreed to sell the company to Electrolux, a Swedish appliance manufacturer and the second-largest consumer appliance manufacturer after Whirlpool Corporation, for US$3.3 billion in cash. The deal carried a US$175 million termination fee clause if Electrolux was unable to complete the acquisition.
Admiral radio-phonograph, c. 1950, at the Lamar County Historical Museum. In 1934 in Chicago, Illinois, Ross Siragusa founded Continental Radio and Television Corporation (CRTC), which produced consumer electronics such as radios and phonographs. [1]
After the war, Inglis entered the consumer products business, producing fishing tackle, house trailers, oil burner pumps and domestic heaters and stoves. In 1946, they licensed production of a wringer washer being manufactured in the US by the Nineteen Hundred Corporation (now Whirlpool Corporation). A fully automatic washer was added in 1950 ...
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In July 2019, Whirlpool finally issued a recall for the appliances, stating that up to 800,000 machines would either be replaced or repaired. In December 2019, Whirlpool announced a safety recall for certain models of Hotpoint and Indesit washing machines manufactured between 2014 and 2018, due to faulty door interlocks that could cause the ...