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The company leases Washers and Dryers to residential and commercial customers in 26 U.S. metropolitan markets. [1] David Newberger founded Azuma as a startup company in 1993. [2] He sought competitive advantage by installing washers and dryers directly to apartment residents [3] as a service amenity. [4]
Speed Queen makes a large variety of residential and commercial products, from 25-pound (11 kg)-capacity tumblers to 250-pound (110 kg) washer-extractors, as well as dryers. Its commercial machines are a popular brand for laundromats , apartment buildings, and hotels .
Gas dryers require a gas line hookup, naturally, and electric dryers need a 240-volt connection. Gas models are typically more expensive up front, with some dryers starting as low as $500 up to $1500.
The small size of these machines, compared to the total space consumed by a separate washer and dryer, suits them to small homes, apartments, condominiums, and any place where space is an issue. Aside from having a small footprint, combo units also have a small height, allowing them to fit into confined places, like under a kitchen counter or ...
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The company's precursor Barlow & Seelig Manufacturing was established in 1908 and later introduced a hand-operated washer to the marketplace. The Speed Queen brand was created in 1928 with the introduction of stainless steel wash tubs in 1939 [10] and automatic washers and dryers in 1952. [11]
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