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A microwave oven or simply microwave is an electric oven that heats and cooks food by exposing it to electromagnetic radiation in the microwave frequency range. [1] This induces polar molecules in the food to rotate and produce thermal energy in a process known as dielectric heating .
Rockwell International acquired the company in 1973, selling the appliance operations to Magic Chef, which was later sold to Maytag; in turn, Maytag was later acquired by Whirlpool. [5] [6] [7] The Milwaukee Admirals hockey team derives its name from Admiral appliances. In 1971, when the team was sold by its original owner to a group of ...
Whirlpool Corporation is an American multinational manufacturer and marketer of home appliances headquartered in Benton Charter Township, Michigan, United States. [2] In 2023, the Fortune 500 company had an annual revenue of approximately $19 billion in sales, around 59,000 employees, and more than 55 manufacturing and technology research centers globally.
[clarify] [7] Whirlpool's had a turbulent ownership of Hotpoint and Indesit as in 2015, Indesit released a statement announcing a safety alert for certain models of tumble dryers produced between 2004 and 2015 due to a design flaw which caused large particles of lint to escape the fluff filter into the dryer and build up around the heating ...
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In the 1990s, the appliance industry was very consolidated, with over 90% of the products being sold by just five companies. For example, in 1991, dishwasher manufacturing market share was split between General Electric with 40% market share, Whirlpool with 31%, Electrolux with 20%, Maytag with 7% and Thermador with just 2%. [8]
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Other products marketed by the company in the 1970 and 1980 decades were imported from oversea factories such as mixers, meat slicers, can openers, microwave ovens, oscillating fans, etc. Revenues from a sandwich maker known as the Snackster (originally sold exclusively to Walmart) were significant and lead to the company going public on NYSE ...