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ICP became a wholly owned subsidiary of United Technologies Corporation in 1999. Before this event happened, ICP was known as Inter-City Products. In October 2002, ICP became the exclusive original equipment manufacturer (OEM) of Kenmore brand residential central heating and cooling equipment for Sears, Roebuck and Company.
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]
Sears Holdings now operates Sears and Kmart stores. The company continues to market products under brands held by both companies. [11] The two companies cited several reasons for combining forces: Sears had begun investing in new, larger off-mall stores, called Sears Grand. Earlier in the year, Sears had purchased dozens of current Super Kmart ...
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Sears, Roebuck and Co., commonly known as Sears (/ s ɪər z / SEERZ), [6] is an American chain of department stores founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began as a mail ordering catalog company migrating to opening retail locations in 1925, the first in Chicago. [7]
In July 2017, Sears announced that it would stock Kenmore products on Amazon, and also support integration between its appliances and Amazon Alexa. [ 8 ] [ 9 ] [ 10 ] In April 2018, Sears CEO and major investor Edward Lampert , along with his hedge fund ESL, offered to buy the brand along with Sears Home Services in order to diversify Sears ...
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