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Whirlpool
Whirlpool

-16.41%

Machinery & equipment / Appliance Manufacturing and Home Solutions

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Overview
Whirlpool Corporation is a multinational appliance manufacturer founded in 1911 by Louis Upton and Emory Upton. The company's headquarters are located in Benton Harbor, Michigan, and it has operations in more than 170 countries worldwide.
Whirlpool's primary products include home appliances such as refrigerators, freezers, dishwashers, washing machines, dryers, and cooking appliances. The company also offers a wide range of kitchen and laundry accessories and other related products.
Whirlpool has a strong global presence with manufacturing and technology centers located in several countries, including the United States, Brazil, China, India, and Europe. Its major brands include Whirlpool, KitchenAid, Maytag, and Jenn-Air.
In addition to manufacturing products, Whirlpool also focuses on innovation and sustainability. The company has a strong commitment to reducing its environmental impact and has implemented various initiatives to reduce energy consumption, waste, and greenhouse gas emissions.
Over the years, Whirlpool has received numerous awards and recognition for its products and services. These include the Energy Star Partner of the Year Award, the ENERGY STAR Sustained Excellence Award, and recognition as one of the World's Most Admired Companies by Fortune magazine.
Whirlpool also operates a number of community outreach programs and has a strong commitment to social responsibility. The company has partnerships with organizations focused on providing disaster relief, education, and youth development.
Whirlpool's mission is to create purposeful innovation that helps people make the most of their time, so they can focus on what really matters – their families and their lives.
What is special about the company?
1. Long History and Global Presence: Whirlpool was founded in 1911 and has been in business for over a century. It has a strong global presence with operations in over 170 countries.
2. Innovation and Technological Advancements: The company is known for its innovative approach and has filed over 1000 patents in its history. Whirlpool's commitment to technological advancements has led to the development of innovative and energy-efficient products.
3. Wide Range of Products: Whirlpool offers a diverse range of products in the home appliances sector, including refrigerators, washing machines, dishwashers, ovens, and more. This allows them to cater to the needs of a wide range of customers.
4. Strong Brand Portfolio: Whirlpool has a strong brand portfolio, including popular brands like Maytag, KitchenAid, and JennAir. These brands are known for their quality and reliability.
5. Environmentally Conscious: Whirlpool is committed to sustainability and has set ambitious goals to reduce its environmental impact through energy efficiency and waste reduction.
6. Customer Satisfaction: Whirlpool has consistently received high ratings for customer satisfaction, making it a trusted and reliable brand for consumers.
7. Social Responsibility: The company is actively involved in social responsibility initiatives, including supporting communities in need and promoting education and job training programs.
8. Awards and Recognition: Whirlpool has received numerous awards and recognitions, including being named as one of the World's Most Admired Companies by Fortune Magazine and receiving the Energy Star Partner of the Year award multiple times.
9. Commitment to Diversity and Inclusion: Whirlpool is committed to creating a diverse and inclusive work culture, and its efforts have been recognized through various awards and rankings.
10. Strong Financial Performance: With a strong track record of financial performance, Whirlpool has consistently generated high revenues and profits, making it a reliable and stable company for investors.
What the company's business model?
The Whirlpool company's business model is to design, manufacture, market, and service a range of home appliances and related products. This includes refrigerators, ranges, dishwashers, washers, dryers, air conditioners, and other household products. Whirlpool has a global presence and sells its products under various brands, including Whirlpool, Maytag, KitchenAid, JennAir, and Amana. The company's business model focuses on innovation, quality, and customer service to meet the evolving needs of consumers. Whirlpool also has a strong commitment to sustainability and has implemented various initiatives to reduce its impact on the environment. Additionally, the company has strategic partnerships with other businesses and organizations to expand its reach and offerings.
Interesting facts about the company
Whirlpool Corporation is a leading global manufacturer of home appliances. The company was founded in 1911 by Louis and Emory Upton and has its headquarters in Benton Harbor, Michigan. Whirlpool produces appliances under multiple brand names including Whirlpool, Maytag, KitchenAid, Amana, and Jenn-Air.
The company's products include refrigerators, freezers, dishwashers, cooking appliances, laundry appliances, and air conditioners. Whirlpool has manufacturing facilities in multiple countries around the world, including the United States, Mexico, Brazil, and various locations in Europe and Asia.
In addition to its own brand names, Whirlpool also acquired the appliance division of General Electric in 2020, increasing its market share and product offerings. The company is committed to sustainability and has initiatives in place to reduce its environmental impact, including a goal to achieve zero waste to landfill in its manufacturing facilities.
Whirlpool is also known for its philanthropy and social responsibility efforts, including a commitment to disaster relief and partnerships with organizations focused on education, diversity, and social justice. The company has been recognized for its leadership in diversity and inclusion, as well as its efforts to create a more sustainable global supply chain.
Overall, Whirlpool is a well-respected and established company with a strong presence in the appliance market. With its focus on innovation, sustainability, and philanthropy, it continues to be a leader in the industry.
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