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John Inglis and Company was a Canadian manufacturing firm which made weapons for the United Kingdom and British Commonwealth military forces during the World War II era, then later became a major appliance manufacturer. Whirlpool Corporation acquired control of Inglis in 1987 and changed the company's name to Whirlpool Canada in 2001. Today the ...
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.
The deal included Whirlpool's sales operations in Kazakhstan and selected countries in the Commonwealth of Independent States. [10] In January 2023, Arcelik and Whirpool agreed to combine their European business with Arcelik owning a 75% share. The new entity will own rights to the Hotpoint brand in Europe. [11]
The appliance giant's cautious near-term outlook reflects several economic realities. For one, expectations for interest rate cuts have been pushed back after optimism over them exploded late in 2023.
[9] [11] Maytag introduced a value-priced appliance line under a separate label, Performa by Maytag. To increase sales, the company also marketed Maytag-branded 'Legacy Series' washing machines that were otherwise identical to low-end Amana models, and built at the formerly Amana assembly plant in Searcy, Arkansas.
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