Tag Archives: General Electric

GE Sells Appliance Unit to Chinese Firm, Haier

$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

Posted in Appliances, Business | Tagged , , , , , , , , , , | Leave a comment

U.S. Sues to Stop Electrolux – GE Appliance Merger

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

Posted in Appliances, Business, Economics | Tagged , , , , , , , , , | Leave a comment

GE Attempt at Deception Doesn’t Fool Anyone

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

Posted in Appliances, Business | Tagged , , , | Leave a comment

The Evolution of Today’s Appliances

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

Posted in Appliances | Tagged , , , , , , , , , , , | Leave a comment

U.S. Appliance Manufacturer Selling Out

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

Posted in Appliances, Business | Tagged , , , , , , , , , | 1 Comment

Who will buy GE’s appliance division?

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

Posted in Appliances, Business | Tagged , , , , , , | 5 Comments

Old Style Appliances Making a Comeback?

Retro appliances are the next NEW thing. GE makes a statement with a “nod to the past”. Retro looking appliances have been around for a few years. Specialty brands that you may not be familiar with offer a variety of … Continue reading

Posted in Appliances | Tagged , , , , , , , | Leave a comment