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On June 6, 2016, Qingdao Haier (now Haier Smart Home Company) acquired GE Appliances for $5.6 billion. Under the terms of the sale, Haier has the right to use the GE brand name until 2056. GE Appliances launched a refreshed tagline ("good things, for life") in 2017, [ 14 ] [ 15 ] [ 16 ] a nod to its history with General Electric, which used the ...
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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, 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 broad usage allows for nearly any device intended for domestic use to be a home appliance, including consumer electronics as well as stoves, [5] refrigerators, toasters [5] and air conditioners. The development of self-contained electric and gas-powered appliances, an American innovation, emerged in the early 20th century.
GE Home & Business Solutions had three primary sub businesses: GE Appliances; GE Lighting; GE Intelligent Platforms; GE Intelligent Platforms was moved under GE's Energy Management business in 2012, leaving just Appliances and Lighting. Following the proposed sale of GE Appliances to Electrolux in September 2014, [2] GE Appliances & Lighting ...
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