Content about Whirlpool Corp.

July 23, 2014

Whirlpool Corporation reported net sales of about $4.7 billion in the second quarter of 2014, virtually unchanged from the company's performance in the same quarter last year.

Net sales for the three months ended June 30 totaled $4.68 billion, down 1.4% from $4.75 billion in 2013.

The company's bottom line read $179 million for the quarter, down from $198 million in the second quarter of last year.

June 16, 2014

Whirlpool Corporation has earned the first and only (for now) Energy Star certification for the clothes dryer category, now on the market as the Duet model WED87HED steam dryer.

The Duet dryer combines moisture sensors with dual element modulation technology to arrive at an energy-efficient drying cycle that uses no more heat (and runs for no more time) than is required. Beyond conserving energy, it also helps preserve fabrics.

February 20, 2014

Whirlpool Corporation has elected Geraldine "Gerri" Elliott, EVP and chief customer officer at Juniper Networks, to its board of directors.

January 30, 2014

Whirlpool reported record earnings in 2013 for the full-year and three months ended Dec. 31, with net earnings more than doubling over 2012.

2013's net earnings of $827 million more than doubled 2012's $401 million. Additionally, fourth-quarter earnings of $181 million were 48.4% above year-ago figures.

Overall, net sales for the appliance manufacturer were $18.8 billion for the year -- a 3.5% improvement -- and $5.09 billion for the quarter, up 6.2% year-over-year.

January 29, 2014

Whether we’re in a boom or a bust economy, there’s no shortage of luxury items in the home channel — and in fact, brand equity for many of the nation’s high-end companies has only improved in recent years, with well-heeled customers virtually shielded from the squeeze of the recession.

Then again, when it comes to home improvement retailing, luxury can mean anything ranging from prohibitively expensive building materials to upscale flashlights that may only retail for a little under $200 — attainable enough for many middle-class Americans.

January 29, 2014

Whirlpool Corporation issued a statement Tuesday declaring that it would conclude its involvement in the current refrigeration appeal over illegal appliance trade activity, having received a favorable ruling from the U.S. Court of International Trade.

January 23, 2014

Haier America announced that Shariff Kan, president and CEO has stepped down and will be replaced by Adrian Micu, effective Feb. 10.

Micu comes to Haier with more than 25 years of executive-level engineering, technology and product development experience within the appliance industry. Most recently, he held the position of VP engineering with Whirlpool Corporation.

January 23, 2014

Whirlpool Corporation has announced its plans to adopt Honeywell's Solstice Liquid Blowing Agent (LBA) in the manufacture of its U.S.-made refrigerators and freezers.

Citing energy efficiency and eco-friendliness, Whirlpool is harnessing the agent's 99.9% reduction in global warming potential compared to the most common foam blowing agent in the U.S. The implementation is expected to be equivalent of removing over 400,000 cars from the road.

January 14, 2014

Whirlpool Corporation made a step forward on Monday in its appeal of a case against what it claims is predatory pricing.

The U.S. Court of International Trade took Whirlool's side in its appeal of the U.S. International Trade Commission's previous decision, which ruled that refrigerators from LG and Samsung -- reportedly dumped at margins of up to 15% -- were causing material injury to U.S. manufacturing.

January 13, 2014

Appliance manufacturer Maytag, which is part of the Whirlpool Corp., has introduced an integrating marketing campaign and new face of its brand: the Maytag Man.

The company made over its Maytag Repairman; the new Maytag Man has a new role as the machine. He will be featured as Maytag appliances, “the human embodiment of the brand’s core values of reliability, durability and power,” according to the company.

December 23, 2013

In a move that's sure to be seen as a boon for American manufacturing, Whirlpool Corporation has announced its plans to move the production of its commercial front-load washing machines from Monterrey, Mexico to Clyde, Ohio, with production officially beginning in April 2014.

November 13, 2013

Joseph Liotine, who currently serves as VP marketing for the company's North American region, has been promoted to president of Whirlpool Corp.'s U.S. operations, as well as to the corporation's Executive Committee.

In this newly created role, effective Dec. 1, Liotine will oversee the company's ascendant U.S. business operations, which has delivered strong financial results in the wake of challenging market conditions a couple years ago.

November 8, 2013

Benton Harbor, Mich.-based Whirlpool Corp. signed a supplier agreement with David Weekley Homes.

October 9, 2013

Sears, Roebuck & Company, together with Whirlpool Corporation, filed petitions for writ of certiorari with the Supreme Court Oct. 7, according to global law firm and Whirlpool representative Mayer Brown.

The retailers are asking the Court to review class certifications related to Sears v. Butler and Whirlpool v. Glazer, two similar class action suits that allegedly cast a large umbrella over varied defects involving Whirlpool washing machines. Each certification involved complaints of musty-smelling front-loading washing machines.

October 3, 2013

Whirlpool Corp. is the official home appliance sponsor of Homes for Our Troops (HFOT). For the next three years, HFOT’s homes will include a full suite of Whirlpool major appliances and KitchenAid brand countertop appliances. 

September 18, 2013

Whirlpool Corporation employees will be working alongside Habitat for Humanity of Monroe County and students at Indiana University in Bloomington, Ind., on the construction of a new home this fall.

The new home is being built for Chris Schaaf, a champion golfer in the Special Olympics, in a new neighborhood amongst other Whirlpool-sponsored Habitat homes from the previous three consecutive years.

The event will also serve as an informal recruitment opportunity for Kelley School of Business students.

October 1, 2012

LG Electronics and Whirlpool Corp. have agreed to settle their respective patent infringement disputes related to refrigerators, ending years of litigation between the two companies. Three pending lawsuits will be dismissed in the U.S. District Courts in Delaware and New Jersey, according to the announcement. All other terms of the settlement are confidential.

September 28, 2012

Whirlpool took the top spot amongst major appliance companies in the 2012 annual American Customer Satisfaction Index (ACSI). Whirlpool has led or tied for first place each year since 1996.

"We continue to look ahead -- driving innovation and staying focused on our commitment to U.S. manufacturing and customer satisfaction," said Marc Bitzer, president of Whirlpool Corp.'s North America region. "Our ongoing dedication to recognizing and solving consumers' needs is driving this type of recognition."

August 15, 2012

Whirlpool and Honeywell have announced that all Whirlpool U.S.-made refrigerators will begin incorporating Honeywell's Solstice Liquid Blowing Agent. This includes future product lineups from Whirlpool Brand, Maytag, Amana, Jenn-Air and KitchenAid brands.   

August 2, 2012

Whirlpool Corp. renewed its exclusive appliance partnership with Beazer Homes to provide an array of Whirlpool, KitchenAid and Maytag brand appliances to Beazer homes throughout the United States.

July 24, 2012

Whirlpool North America, a division of Whirlpool Corp., reported second-quarter sales of $2.5 billion, a 4% increase over its sales in the second quarter of 2011. Overall, North America unit shipments decreased approximately 2%, the company said, with its unit shipments of major appliances to the United States increasing approximately 1%.

June 19, 2012

UL Environment, a business unit of UL (Underwriters Laboratories), has announced that appliance manufacturer Whirlpool Corp. has become the first company in the marketplace to achieve certification of its products to the new AHAM-CSA-UL sustainability standard for household refrigeration appliances.

May 31, 2012

Benton Harbor, Mich.-based Whirlpool Corp. signed a deal with Meritage Homes to be the exclusive appliance provider to the builder’s homes, including first-time, move-up, luxury and active-adult.

Whirlpool will provide Jenn-Air, KitchenAid, Maytag and Whirlpool brand appliances to Meritage Homes’ extensive communities throughout the southern and western states.

May 2, 2012

Whirlpool Corp. has announced the opening of its new, state-of-the-art Riverview Campus in Benton Harbor, Mich.

"With the opening of this beautiful and spacious campus, we are looking forward to a continued future with the city of Benton Harbor, which we have been proud to call home for over 100 years," said Jeff Fettig, chairman and CEO. "The Riverview Campus allows Whirlpool Corp. to deliver on improvements in productivity, operations, energy efficiency and overall employee experience."

October 28, 2011

Benton Harbor, Mich.-based Whirlpool Corp. posted third-quarter net earnings of $177 million, compared with net earnings of $79 million in the same period last year. Sales in the quarter were $4.6 billion, up 2% to $4.5 billion reported in the third quarter of 2010.