Académique Documents
Professionnel Documents
Culture Documents
3. Whirlpool Oven In 1977, Whirlpool Corporation reenters the microwave oven market by introducing four Whirlpool brand models. The company had marketed a microwave oven for a brief period in the late 1950s, but withdrew when it became apparent that the marketplace was not ready for this new concept in cooking.
4. Whirlpool made a big push into Asia During the mid-1990s Whirlpool made a big push into Asia, forming several joint ventures in China and India. Late in 1997, as part of a global restructuring effort, Whirlpool announced that it was pulling out of two money-losing joint ventures in China. The company's European push had also been less than fully successful. It had proved very difficult to establish the Whirlpool brand on that continent, where there was stiff competition from entrenched players and where appliance manufacturers had to cater to specific demands of customers from a wide variety of cultures--a key contrast to the largely homogenous U.S. market.
5. Whirlpool Corporation Announces Changes in its China Manufacturing Operations (BENTON HARBOR, Mich., April 7, 2009) Whirlpool Corporation (NYSE: WHR) today announced manufacturing production changes to its China operations, which include the closure of its washing machine manufacturing facility in Shanghai, China. The closure of the Shanghai factory will result in the elimination of about 600 positions. Whirlpool has established several measures in accordance with Chinese Labor laws to provide support to all affected employees during this change.
Submitted By: Yatendra Kumar MBA 3rd SEM Finance & Marketing