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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 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]
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]
A whirlpool is a body of rotating water produced by opposing currents or a current running into an obstacle. [ 1 ] [ clarification needed ] Small whirlpools form when a bath or a sink is draining. More powerful ones formed in seas or oceans may be called maelstroms ( / ˈ m eɪ l s t r ɒ m , - r ə m / MAYL -strom, -strəm ).
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Here's Why Whirlpool Surged 13% Today (and Why There Could Be More to Come) Lee Samaha, The Motley Fool. October 24, 2024 at 12:37 PM. ... By 11 a.m. ET today, the stock was up 13%.
Arçelik acquired Whirlpool’s Turkish manufacturing plants for €78.3M. These plants have an annual production capacity of 1.3 million freezers and 1.4 million washing machines. [22] Arçelik acquired Whirlpool’s operations in Russia and several other Commonwealth of Independent States (CIS) countries on the wake of Russian invasion of ...
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