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In 1950, Admiral was selling: a line of seven TV sets, with four models having a 12.5 in (32 cm) tube size, at prices between $179.95 and $379.95 (equivalent to $2,279 to $5,065 today); a 16 in (41 cm) model retailing at $299.95 ($3,187); and two 19 in (48 cm) models (priced at $495 and $695, equivalent to $6,269 and $8,801). [2]
In 1997, the company was purchased by Goodman Global (now part of Daikin North America), a heating-and-cooling manufacturer which sold it to Maytag (now part of Whirlpool) in 2002. [2] Goodman still owns Amana's air conditioner and furnace division, and Amana home appliances are now owned and manufactured by the Whirlpool Corporation . [ 3 ]
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.
In July 2019, Whirlpool finally issued a recall for the appliances, stating that up to 800,000 machines would either be replaced or repaired. In December 2019, Whirlpool announced a safety recall for certain models of Hotpoint and Indesit washing machines manufactured between 2014 and 2018, due to faulty door interlocks that could cause the ...
Consumer Price Index Summary, U.S. Bureau of Labor and Statistics. Accessed November 14, 2024. Producer Price Index News Release summary, U.S. Bureau of Labor and Statistics. Accessed November 15 ...
Shop these 10 thoughtful gifts under $50 from Nordstrom that’ll arrive in time for Christmas
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