$5.4 Billion Sale Follows Failed Deal With Electrolux General Electric has announced the sale of its appliance division to the Chinese firm, Haier for 5.4 billion dollars. The sale includes GE's 48% share of Mabe, a Mexican based appliance firm. … Continue reading
FEDS Sue to Stop Electrolux Deal with GE Appliances In a shocking move, the U.S. Department of Justice filed a lawsuit yesterday seeking to prevent the 3.3 billion dollar sale of the GE Appliance business to Electrolux. According to Chris … Continue reading
A practical idea or ahead of its time? Are connected appliances for you? I’ll admit it. I’m an early adopter when in comes to technology. Also, having 30 plus years experience in the appliance business, I still follow and write … Continue reading
We've Come a Long Way Baby From Maytag's Skybox to the Dacor Wine Station Launched somewhere around 2003-2004, the Maytag Skybox home beverage dispenser could dispense either bottles or cans. With a distinct sports theme (you could order panels for … Continue reading
Shocking Overstatement by GE in Leading Trade Magazine The Nov. 2014 Retail Observer has a two-page GE ad/editorial pronouncing- “GE Appliances is committed as ever to serving our customers and helping them grow their business.” They must be kidding. … Continue reading
What's new in Appliance Home Automation For years, I've been following various new appliances that are promoted as being equipped with revolutionary and automatic features that enable us to operate our appliances from a distance. Here's how one company has … Continue reading
A Brief History of Appliances (part 1) Early Double Oven This oven was reportedly still being used in Taos, New Mexico just a few years ago. Chicago World’s Fair 1893 While it’s impossible to give an exact date for the … Continue reading
Giant appliance company gets bigger General Electric, the company that invented the electric toaster back in 1909, is now the second largest manufacturer of major appliances in the U.S. GE recently announced the sale of its appliance division to another … Continue reading
GE Appliance Division For Sale General Electric has confirmed that they are in talks with Electrolux and others for the sale of GE’s Appliance division. At 8.3 billion dollars in annual sales (includes appliances and lighting), the numbers are not … Continue reading
