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Haier (90%) KKR (10%) Number of employees. 12,000, including 6,000 at Appliance Park. Website. geappliancesco.com. Footnotes / references[ 2 ] GE Appliances is an American home appliance manufacturer based in Louisville, Kentucky. It has been majority owned by multinational home appliances company Haier since 2016. [ 3 ]
General Electric Company. General Electric Company (GE) was an American multinational conglomerate founded in 1892, incorporated in the state of New York and headquartered in Boston. The company had several divisions, including aerospace, energy, healthcare, and finance. [7][8][9][10] In 2020, GE ranked among the Fortune 500 as the 33rd largest ...
Food in a refrigerator with its door open. A refrigerator, commonly 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]
Due to antitrust issues, GE cancels the appliance business deal with Electrolux after strong oppositions from antitrust regulators [29] 2015 GE completes Alstom Power acquisition. 2016 GE agreed to sell its appliance business to Qingdao Haier for $5.4 billion including the 48.4% of shares it held in Mabe, a Mexican appliance maker [30] 2016
The company name Hotpoint comes from the hot point of the innovative first electric iron. Invented by American, Earl Richardson (1871–1934) in 1905, he subsequently formed his Pacific Electric Heating Co. in Ontario, California, in 1906. [2][3] The device became known as the Hotpoint iron, with its hottest point at the front and not the center.
Refrigerator, toaster, kettle, microwave, blender. A home appliance, also referred to as a domestic appliance, an electric appliance or a household appliance, [1] is a machine which assists in household functions [2] such as cooking, cleaning and food preservation. The domestic application attached to home appliance is tied to the definition of ...
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