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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 major appliances, Maytag was among the top three companies in the North American market, offering a full line of washing machines, dryers, dishwashers, cooktops, refrigerators, and ranges under the Maytag, JennAir, Amana, and Magic Chef brands. Maytag also used to manufacture the top load laundry for Crosley until Maytag's merger with Whirlpool.
Rockwell International acquired the company in 1973, selling the appliance operations to Magic Chef, which was later sold to Maytag; in turn, Maytag was later acquired by Whirlpool. [5] [6] [7] The Milwaukee Admirals hockey team derives its name from Admiral appliances. In 1971, when the team was sold by its original owner to a group of ...
Major appliances, also known as white goods, comprise major household appliances and may include: air conditioners, [10] dishwashers, [10] clothes dryers, drying cabinets, freezers, refrigerators, [10] kitchen stoves, water heaters, [10] washing machines, [10] trash compactors, microwave ovens, and induction cookers.
Food in a refrigerator with its door open. A refrigerator, commonly shortened to fridge, is a commercial and home appliance consisting of a thermally insulated compartment and a heat pump (mechanical, electronic or chemical) that transfers heat from its inside to its external environment so that its inside is cooled to a temperature below the room temperature. [1]
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. Four years later, in 2001, Goodman separated its appliances business from its HVAC business and would sell the appliances business to Maytag Corporation .
Common absorption refrigerators use a refrigerant with a very low boiling point (less than −18 °C (0 °F)) just like compressor refrigerators.Compression refrigerators typically use an HCFC or HFC, while absorption refrigerators typically use ammonia or water and need at least a second fluid able to absorb the coolant, the absorbent, respectively water (for ammonia) or brine (for water).
Tactical pricing decisions are shorter term prices, designed to accomplish specific short-term goals. Pricing tactics that are commonly used in retail include discount pricing, [45] everyday low prices, [46] high-low pricing, [46] [47] loss leaders, product bundling, [48] promotional pricing, and psychological pricing. [49]