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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 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 ...
This page was last edited on 2 February 2020, at 10:22 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
All new cars in the United States come with a warranty that cover repairs for a certain period of time and a certain number of miles, such as 3 years and 36,000 miles. An extended warranty provides similar coverage beyond those time or mileage limits. Legally, only the original manufacturer can "extend" a warranty.
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In 2014, Whirlpool Corporation agreed to pay 758 million euros to buy a 60% stake in Indesit and its owner Hotpoint, which was a market leader in Italy, the United Kingdom and Russia, from the Merloni family to further expand outside its U.S. home market. [9] Following the buyout, Indesit was delisted from Borsa Italiana on 3 December of that year.
In the past five years, 201 athletic departments earned $26 billion. But they spent $35 billion. As a result, just 21 broke even or recorded a budget surplus. The other 180 used $10 billion in student fees and other support to make up for the shortfall.