Whirlpool net income rises despite revenue drop
BENTON HARBOR—Whirlpool Corp. (NYSE: WHR), the world’s largest appliance maker, announced net income of $358 million or $5.57 a share for the third quarter ended Sept. 30, up from $210 …
Whirlpool announces senior VP of strategy and business development
BENTON HARBOR—Effective Jan. 1, 2020, Holger Gottstein will join Whirlpool Corp. as senior vice president of strategy and business development, as well as the company’s executive committee. In this role, …
GHSP adds new marketing director
GRAND HAVEN–GHSP, a supplier in the automotive and appliance industries, announced the hiring of sales and marketing veteran John Major as the company’s first-ever marketing director. GHSP has restructured its …
Whirlpool returns to profits in second quarter
BENTON HARBOR—Whirlpool Corp. (NYSE: WHR) posted net income of $67 million or $1.04 per share in the second quarter ended June 30, compared to a loss of $657 million or …
Whirlpool sells Brazilian compressor manufacturer
BENTON HARBOR—Officials at Whirlpool Corp. (NYSE: WHR) announced the completion of its Embraco business unit to Kyoto, Japan-based Nidec Corp. for $1.08 billion in cash. Embraco is a Brazil-based manufacturer …
Tax benefits, lower restructuring costs boost Whirlpool profit
BENTON HARBOR—A sharp reduction in restructuring costs and an income tax refund vs. a payment last year boosted net income for Benton Harbor-based appliance giant Whirlpool Corp. (NYSE:WHRL). Net income …
Whirlpool chairman Fettig to retire
BENTON HARBOR — Whirlpool Corp. (NYSE: WHR) board chair Jeff M. Fettig today announced that he will retire from the company on Dec. 13. Whirlpool’s board of directors has elected …
Whirlpool sales, profits fall
BENTON HARBOR — Whirlpool Corp. (NYSE: WHR), the world’s largest appliance maker, reported net income of $210 mllion or $3.22 a share in the third quarter of 2018, down from …
Whirlpool launches new website for building industry
BENTON HARBOR – Whirlpool Corp., the world’s largest manufacturer of home appliances, has launched a new website for building industry professionals, www.whirlpoolpro.com. The Benton Harbor-based company said the new website …
Whirlpool shares fall, rise after earnings miss, worse-than-expected outlook
BENTON HARBOR — Shares of Whirlpool Corp. rebounded 5.4 percent Tuesday after falling 3 percent Monday on an earnings miss. The world’s largest appliance maker posted net income of $94 …