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GE Appliances was originally a part of General Electric, a company which began marketing a full roster of heating and cooking products in 1907. [11] In January 2004, it became part of GE Consumer & Industrial when GE Consumer Products (founded in 1905) merged with GE Industrial Systems (founded in 1930) to form GE Consumer & Industrial.
GE is still a major client to Genpact today for services in customer service, finance, information technology, and analytics. [66] [67] In 2001, GE acquired Spanish-language broadcaster Telemundo and incorporated it into NBC. [68] In 2002, Francisco Partners and Norwest Venture Partners acquired a division of GE called GE Information Systems ...
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In June 2016, Haier Group acquired GE Appliances, headquartered in Louisville, Kentucky, from General Electric for $5.6 billion. [21] [22] [23] In October 2018, Haier acquired Italy based Candy group. [24] By 2020, Haier had been the world's number one home appliance brand for 12 consecutive years. [25]
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Most standard-size appliances have a capacity of 3.5 to 5 cubic feet and are suitable for average households. For reference, a washer with a capacity of 4.5 cubic feet can wash a king-size comforter.
Most Hotpoint production moved to GE's mammoth Appliance Park manufacturing complex in Louisville, Kentucky in the beginning of the 1950s. To this day, many Hotpoint appliances are made at Louisville, and as of 2013 [update] was the largest appliance plant in the world.
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