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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]
- Today’S Top 5 Appliance Brands by Volume
- Whirlpool
- Electrolux
- GE
- Samsung
- LG
Visit any showroom, and you’re sure to see that five major appliance brands dominate the mainstream market. Whirlpool, Electrolux, GE, LG, and Samsung are appliance makers everyone’s heard of. What you may not know is which company owns a particular brand.
Whirlpool easily beats the competition as far as a number of acquired appliance brands is concerned. Established in 1911 as the Upton Machine Company, the Michigan-based appliance maker got their start making electrically powered wringer washing machines. In 1919, Upton merged with the Nineteen Hundred Washer Company. Not long afterward, the new co...
Electroluxbrand appliances have been making housework easier for more than a century. Established in Sweden, the Electrolux company currently owns Frigidaire, Tappan, Kelvinator and Gibson appliance brands. In 2014, Electrolux tried to purchase the General Electric appliances division at a cost of more than $3 billion in cash. The deal was quashed ...
General Electric (GE)is a multinational conglomerate that manufactures products to serve many industries, including renewable energy, aviation, healthcare, and appliances. The appliances division of GE was purchased by the Chinese-owned Haier company in 2016. Four years prior, the same company acquired the New Zealand appliance maker, Fisher & Payk...
Samsung Electronicsmay be best known as the maker of Galaxy cell phones, but the Korean company also makes a number of Samsung branded ‘smart’ household appliances, including cooktops, refrigerators, wall ovens, microwave ovens, and laundry machines, as well. In the summer of 2016, Samsung acquired the Dacor brand of American-made luxury appliances...
LG is a multinational appliance manufacturing conglomerate that began as the Rak-Hui (pronounced “Lucky”) Chemical Industrial Corporation in 1947. Today, LG manufactures a variety of appliances for the kitchen, laundry, and other household uses. Air conditioners, vacuum cleaners, and LED lighting solutions are also part of the LG repertoire of prod...
Jan 15, 2016 · This morning, General Electric announced that it agreed to sell its appliance division to the Haier Group for $5.4 billion, putting one of America’s best-known brands in the hands of one of...
Jun 6, 2016 · After six months and $5.6 billion, the appliance division of General Electric officially belongs to Chinese manufacturer Haier, the companies said at a press conference Monday.
- Ashlee Clark Thompson
- Associate Editor
Jan 7, 2021 · General Electric's appliance division was acquired by Haier for $5.4 billion in 2016, not recently, as claimed by some social media users.
- Fact Check Reporter
Apr 2, 2024 · GE had already gotten rid of the 49% of NBC it still owned by selling it to co-owner Comcast in 2013, and sold off its appliance business to China-based Haier in 2016. But the pace of...
Nov 30, 2021 · Since being bought by Qingdao, China-based Haier Group, GE Appliances has invested about $1.5 billion in technology and new products, and added about 3,000 jobs for a total U.S. workforce...
