Content about Whirlpool

April 8, 2013

The spending news from the National Kitchen and Bath Association (NKBA) could have been better, but it could have been worse.

The NKBA Design Trends Survey, which asked designers for the total average cost of the kitchens they design, slipped in the 2013 survey to $47,308. That's down from 2012, but is well ahead of 2010 and 2011 (See chart).

April 2, 2013

A Supreme Court ruling came down on the side of Whirlpool, as the highest court sent a class-action case back to appeals court for reconsideration.

A Supreme Court ruling came down on the side of Whirlpool, as the highest court sent a class-action case back to appeals court for reconsideration. 

At issue was the class-action status of the case brought against the appliance maker.

The Supreme Court's ruling, which came down Monday, was related to another class-action ruling that dealt with a case involving a class-action suit filed against Comcast. 

April 1, 2013

Standard & Poor's Ratings Services upgraded Whirlpool's long-term corporate credit rating one notch to "BBB" from "BBB-," the lowest investment-grade rating.

Standard & Poor's Ratings Services upgraded Whirlpool's long-term corporate credit rating one notch to "BBB" from "BBB-," the lowest investment-grade rating. S&P cited an improving economy and stronger housing market. 

The ratings agency also pointed to the appliance maker's growth in emerging markets and lower cost structure.

February 20, 2013

Whirlpool has appointed Diane Dietz, executive VP and chief marketing officer of Safeway, to its board of directors, effective immediately.

Whirlpool has appointed Diane Dietz, executive VP and chief marketing officer of Safeway, to its board of directors, effective immediately.

"Diane Dietz's history of leadership in the consumer products industry makes her an outstanding addition to our board," said Jeff Fettig, Whirlpool chairman and CEO. "We know her breadth of experience in driving sales and building successful brands will be invaluable to our board of directors and Whirlpool Corporation." 

February 11, 2013

Whirlpool and Harbor Habitat for Humanity have completed construction on the homes built in partnership with Tynisha Murphy and the Patterson family.

Whirlpool and Harbor Habitat for Humanity have completed construction on the homes built in partnership with Tynisha Murphy and the Patterson family, dedicating the homes in a ceremony that took place Dec. 8. The builds took place on side-by-side lots in the Harbor Shores community of Benton Harbor.

November 14, 2012

The Seventh Circuit Court of Appeals today ordered that consumers in six states -- California, Indiana, Illinois, Kentucky, Minnesota and Texas -- who allege that Sears sold them allegedly defective Kenmore front-loading "high efficiency" washing machines manufactured by Whirlpool may band together in a class action.

September 12, 2012

In July, Home Depot announced the addition of Whirlpool, Electrolux and Frigidaire to its lineup of appliance brands. 

More recently, the company has trumpeted the new additions with a front-and-center banner over the stores’ front doors. The banner shows the three new logos and the English and Spanish announce of “new appliance brands." 

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 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.   

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%.

July 3, 2012

Home Depot has announced the expansion of its major appliance brands by adding Whirlpool, Electrolux and Frigidaire in a limited number of stores and on Homedepot.com.

The appliances will be available through the company's Depot Direct delivery network and available to be ordered in all U.S. stores. Depot Direct includes more than 3,000 appliances delivered and installed to the customer's home within one to five days of purchase. Appliance purchases through Depot Direct include free delivery and haul-away.

June 27, 2012

Lowe’s has hired Kevin Summers as its new chief information officer, effective July 9. He will replace Michael Brown, who announced last April that he had accepted the company’s Voluntary Separation Program and decided to retire after almost 28 years with Lowe’s.

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."

April 25, 2012

In a victory for foreign-based manufacturers, the U.S. International Trade Commission has ruled that LG Electronics and its affiliates were not guilty of “dumping” certain refrigerator models on the U.S. market. The 5-0 vote ended a year-old investigation initiated by Whirlpool, which claimed that bottom-mount refrigerators made in Mexico and Korea were sold in the United States at below market value.

March 2, 2012

In a preliminary finding, the U.S. International Trade Commission (ITC) has sided with Whirlpool in its anti-dumping petition against Samsung Electronics and LG Electronics. The Benton Harbor, Mich., manufacturer claims it is being harmed by Samsung and LG, which are selling washers made in South Korea and Mexico at below fair value.

February 13, 2012

What began quite innocently as a pet project turned into a national movement for Anders Lewendal, the Bozeman, Mont., builder who has since gained wide acclaim for constructing a house made entirely from U.S.-made products.

Initially, Lewendal set out to build an “efficient, affordable and environmentally healthy” home for a client whose daughter has cystic fibrosis. In researching the building materials and parts required for the project, Lewendal was struck with this idea: Why not go for all-American parts and materials.

February 3, 2012

Benton Harbor, Mich.-based Whirlpool's CEO Jeff Fettig forecast industry demand in 2012 as "flat to slightly improving." 

The company posted sales of $4.9 billion in the fourth quarter, down slightly from $5.0 billion. But fourth-quarter net earnings increased to $205 million, compared with net earnings of $171 million during the same period last year.

The North America region reported operating profit of $202 million for the quarter compared with $53 million in the previous year.

February 3, 2012

Benton Harbor, Mich.-based Whirlpool's CEO Jeff Fettig forecast industry demand in 2012 as "flat to slightly improving." 

The company posted sales of $4.9 billion in the fourth quarter, down slightly from $5.0 billion. But fourth-quarter net earnings increased to $205 million, compared with net earnings of $171 million during the same period last year.

The North America region reported operating profit of $202 million for the quarter compared with $53 million in the previous year.

December 9, 2011

Whirlpool is launching Affresh Cleaners, a new line of advanced home cleaning products now available at Best Buy stores nationwide.

"Keeping the kitchen clean has historically been a big chore, so we designed the new line of Affresh Cleaners to combat everyday spills and residue while making cleaning simple," said Wendeline Ortiz, brand manager of Affresh Cleaners.

The new line includes:

October 31, 2011

Appliance maker Whirlpool prevailed in a preliminary finding by the U.S. Commerce Department that foreign producers in South Korea and Mexico -- including Samsung Electronics and LG Electronics -- violated United States and International trade laws by “dumping” bottom-mount refrigerators in the United States.

August 19, 2011

Whirlpool has announced that Roy Templin, EVP and CFO, will retire from the company. As part of the planned transition, Templin will remain in his current capacity until April 2012 to complete Whirlpool's year-end reporting and other transitional items. At that time, Larry Venturelli -- currently SVP corporate controller, chief accounting officer and CFO for Whirlpool International -- will succeed Templin as EVP and CFO.

July 21, 2011

Benton Harbor, Mich.-based Whirlpool has announced a second-quarter net loss of $161 million, compared with net earnings of $205 million in the same period last year. 

Second-quarter results include the settlement of a Brazilian collection dispute for about $3.78 per share and increased accruals related to developments in the Embraco antitrust matters of $1.08 per share.

June 9, 2011

From ballots sent out electronically earlier this year, Home Channel News received a record number of votes for Golden Hammer Winners, producing 32 winners in four categories. The Home Decor category -- subdivided into seven sub-categories, produced the following winners:

• Decorative Hardware & Locksets – Kwikset

• Decorative Lighting & Fixtures – Cooper Lighting (regent)

• Fashion Fixtures – Kohler

• Home Organization – Newell Rubbermaid

• Major Appliances – Whirlpool

February 2, 2011

Benton Harbor, Mich.-based Whirlpool reported fourth-quarter net earnings of $171 million, up 80% from $95 million during the same period in 2009. 

Fourth-quarter operating profit totaled $202 million, up 1.5% from $199 million in the prior year. Results benefited from cost reduction and productivity initiatives, increased monetization of certain tax credits, higher unit volume and lower incentive compensation. 

February 2, 2011

Benton Harbor, Mich.-based Whirlpool reported fourth-quarter net earnings of $171 million, up 80% from $95 million during the same period in 2009. 

Fourth-quarter operating profit totaled $202 million, up 1.5% from $199 million in the prior year. Results benefited from cost reduction and productivity initiatives, increased monetization of certain tax credits, higher unit volume and lower incentive compensation.