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Electrolux products are sold under a variety of brand names (including its own), and are primarily major appliances and vacuum cleaners intended for home consumer use. [6] Electrolux has a primary listing on the Stockholm Stock Exchange and is a constituent of the OMX Stockholm 30 index.
Workers will manufacture the company's Electrolux ICON, Electrolux and Frigidaire product lines, including drop-in/slide-in ranges, wall ovens, specialty freestanding ranges and cooktops. The $190 million, 750,000 square foot Memphis manufacturing plant began production of stoves and ranges in 2013.
White-Westinghouse is an American home appliance brand used under license by trademark owner Westinghouse Licensing Corporation. [1] It was created in 1975 when White Consolidated Industries bought the Westinghouse Electric Corporation's major appliance business. White Consolidated Industries was in turn acquired by Electrolux in 1986. [2] [3]
Kelvinator ad from 1920 Kelvinator refrigerator, c. 1926. The enterprise was established on September 18, 1914, in Detroit, Michigan, United States, by engineer Nathaniel B. Wales, who introduced his idea for a practical electric refrigeration unit for the home to Edmund Copeland and Arnold Goss.
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The company had two previous deals fall through on the Memphis property. In October 2022, Electrolux Group announced it had a buyer and $82.5 million deal in place. That initial deal fell through ...
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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