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GE Appliances is an American home appliance (Chinese owned) manufacturer based in Louisville, Kentucky. It is owned by Haier Smart Home Company, a publicly-traded affiliate of Haier, after an acquisition from General Electric in 2016. Haier has the right to use the GE brand name until 2056. [3]
Haier was founded as Qingdao Refrigerator Co. in 1984. With China opening up to world markets, foreign corporations began searching for partnerships in China. One of these, Germany's refrigerator company Liebherr, entered into a joint-venture contract with Qingdao Refrigerator Co., offering technology and equipment to its Chinese counterpart.
Hotpoint is a brand of domestic appliances.Ownership of the brand is split between American company Whirlpool, which has the rights in Europe, [1] Chinese company Haier, which has the rights in the Americas and Turkish company Arcelik which has rights in Russia and the CIS.
From Airstream trailers and motorcycles to crayons and Stetson hats, many iconic brands and upstarts resist the urge to push all production overseas.
The company had a manufacturing base in Australia for almost 20 years and nearly 70 years in New Zealand, but stated it can no longer compete with low cost labour countries and had to close them. [7] [8] In 2012, Haier purchased over 90% of Fisher & Paykel Appliance shares. No changes in manufacturing or board of directors were made. [9]
In 2005, Haier sought to expand its share of foreign markets by acquiring rival white-goods OEMs and by expanding overseas production capacity. With backing from two large U.S. private equity funds, Haier made a bid to acquire U.S. appliance maker Maytag for $1.28 billion. The bid failed and Maytag was bought by Whirlpool for $1.7 billion. [23]
The image may still be all American, but these shades aren't made in the U.S. In 1999, eye-care giant Bausch & Lomb sold the brand to Italy’s Luxottica, and the stylish shades have since been ...
7. Indian Scout Motorcycle. $13,250 from a local Indian Motorcycle dealer Shop Now. Founded in 1897, left for dead shortly after World War II and revived briefly during the '60s, '70s and late ...