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Tag: Benton Harbor

K-12 Education / Nonprofits / Workforce Development

Consumers Energy Foundation donates $250k for youth skills training

JACKSON—Officials at the Consumers Energy Foundation announced a $250,000 grant to the Benton Harbor nonprofit Youth Solutions to expand its Jobs for Michigan’s Graduates’ Postsecondary and Career Pathways Accelerator initiative …

Appliance Industry / Earnings

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 …

Appliance Industry

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, …

Appliance Industry / Earnings

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 …

Appliance Industry / Manufacturing

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 …

Business Accelerators / Startups

Whirlpool sells home-brewing appliance to startup

BENTON HARBOR—Whirlpool Corp (NYSE:WHR), the Benton Harbor-based home appliance manufacturer, announced the sale of its Vessi Fermentor home brewing system to 80West Labs, a company created by the Chicago investor …

Appliance Industry / Earnings

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 …

Green Technology / Sustainability

Whirlpool sustainability report: reduced emissions, improved efficiency

BENTON HARBOR—Whirlpool Corp. officials have released the company’s 2018 Corporate Sustainability Report, highlighting the company’s progress and accomplishments in the 2018 operational year, with particularly strong results in its efforts …

Appliance Industry / Manufacturing

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 …

Appliance Industry / Earnings

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 …

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