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In 1957, it was merged with the Food Giant Markets of California. [5] [6] In 1958, it was sold to Dixie Products, [7] [8] a small stove company of Cleveland, Tennessee, after selling off a few underperforming divisions of Magic Chef. [9] In 1974, Magic Chef bought the Norge Village Laundry & Dry Cleaners chain. [10]
[1] In 1946, Utility Appliance Corporation purchased both Gaffers and Sattler and Occidental Stove. [2] Republic Corporation then purchased the company in 1961. [3] In 1968, Republic sold Gaffers and Sattler to Magic Chef for approximately $20 million. [4] [5] By the early 1970s, Businessweek referred to the business as "moneylosing."
From 1929 until 1980, the brand was owned by McGraw Electric, renamed to McGraw-Edison in 1957. Following a leveraged buyout in 1980 to Magic Chef, the brand changed hands several times and finally went public in 1992 as Toastmaster, Inc.
During its manufacturing prime, the plant produced stoves and ranges under Allen Manufacturing Company, Dortch Stove Works, and Magic Chef Inc., as well as bedding and furniture under Jamison Bedding Company. [1] Now, the plant is known as The Factory at Franklin, and operates as a mixed dining, retail, and entertainment center. [2]
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Maytag acquired Hardwick Stove Company. 1983: Maytag discontinued production of wringer washers, after 76 years. 1985: Maytag introduced the first-ever stacked washer/dryer. 1986: The Maytag Company became the Maytag Corporation. It acquired Magic Chef and Norge Appliance Company, and started selling a full line of appliances. 1987
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The Norge name was acquired in 1979 by Magic Chef, which in turn was absorbed by Maytag in 1986. [1] Since 2006, Maytag is a part of Whirlpool Corporation. Norge Sales Corporation; Model AWW 562 Washer & Model LD-300 Dryer
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