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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 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 ...
A whirlpool is a body of rotating water produced by opposing currents or a current running into an obstacle. [ 1 ] [ clarification needed ] Small whirlpools form when a bath or a sink is draining. More powerful ones formed in seas or oceans may be called maelstroms ( / ˈ m eɪ l s t r ɒ m , - r ə m / MAYL -strom, -strəm ).
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]
In 2011, to mark Whirlpool's 100th anniversary, the city of St. Joseph, Michigan declared June 6–10 Upton Week, marked by a series of celebratory events. [45] Whirlpool Corporation is still recognized today as one of the "World's Most Admired Company" being placed on Fortune Magazine's distinguished list for the ninth consecutive year in 2019.
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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]
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.
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