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Harold V. Goodman died in 1996 and was succeeded by Frank H. Murray who became chairman and CEO in April 1996. In 1997, Murray initiated and spearheaded the Goodman acquisition of [6] Raytheon Appliances, the predecessor of Amana Corporation, a manufacturer of appliances and HVAC units.
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]
By 2008, a report by the United States Department of Energy ranked the firm as fifth in the US in the central air conditioner and heat pump market with a 12% market share (behind UTC/Carrier with 27%, both Goodman/Amana and American Standard/Trane with 14% and Lennox with 12%), while in the residential gas furnace market as of 2008, the company ...
Maytag acquired Amana. Maytag relabels some Amana-built models with the 'Maytag' brand, selling them as Maytag products. 2002: A class-action lawsuit is filed against the company on behalf of Neptune washing machine consumers. 2004: Maytag Corporation announces a loss of $9 million. 2005
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Walmart (NYSE: WMT) and Costco (NASDAQ: COST) are both recession-resistant retailers. Walmart's scale enables it to sell its products at lower prices than many of its competitors, and it leverages ...
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