American TV’s Cain Joins Haier

American TV’s Cain Joins Haier

By Alan Wolf On May 17 2013 - 4:15pm

Rian Cain
Rian Cain


New York – Haier America has tapped industry veteran Rian Cain to run its major appliance business.

Cain joins Haier from American TV & Appliances, where he was sales and marketing VP. Prior to that he held the same title at Sharp Electronics, where he headed the manufacturer’s home appliance division. He began his career at Maytag, where he rose through the sales and marketing ranks over the course of his 22 years with the vendor.

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March Majap Shipments Up 11%: AHAM

March Majap Shipments Up 11%: AHAM

By Alan Wolf On May 1 2013 - 11:55am




Washington — Factory shipments of major appliances surged 11 percent in March, to 7.3 million units.

According to data from the Association of Home Appliance Manufacturers (AHAM), every major product sector contributed to the U.S. increase, with laundry pairs up 5.1 percent; refrigerators up 5.4 percent; ranges, ovens, cooktops and microwave ovens up 8.9 percent; dishwashers up 14.1 percent; and ACs up 23.9 percent.

Shipments were also ahead 5.4 percent year to date.

Electrolux Q1 Earnings Fall 28%

Electrolux Q1 Earnings Fall 28%

By Alan Wolf On Apr 25 2013 - 1:10pm




Stockholm, Sweden — Electrolux said sizzling first-quarter results in North America were offset by unfavorable exchange rates and weakness in Europe.

Net profits fell 28 percent to 361 million Swedish kronor (SEK) for the three months, ended March 31, while net sales slipped 2.1 percent to 25.3 billion SEK.

Operating income increased 15 percent excluding the 318 million SEK impact of currency fluctuations.

Whirlpool Posts Higher Q1 Profits, Flat Sales

Whirlpool Posts Higher Q1 Profits, Flat Sales

By Steve Smith On Apr 24 2013 - 9:19am

Whirlpool


Benton Harbor, Mich. — Whirlpool reported higher net earnings and flat sales in the first quarter, ended March 31.

GAAP net earnings were $252 million, compared with net earnings of $92 million share reported during the same period last year, which were driven by continued favorable product price and mix and the benefit of cost- and capacity-reduction initiatives, the company said.

Haier Re-Launches ‘Green’ Blog For Earth Day

Haier Re-Launches ‘Green’ Blog For Earth Day

By Alan Wolf On Apr 17 2013 - 1:03pm




New York – Haier America has re-launched its environmental awareness website, Smarter Life, Better Planet, in advance of Earth Day on April 22.

The site will celebrate Earth Day by profiling environmental heroes like Rachel Carson, considered the founder of the Green movement, and Mary Crowley, a sailor and educator who is working to clean up the Pacific Ocean.

Viking To Purchase So. Cal. Distributor

Viking To Purchase So. Cal. Distributor

By Doug Olenick On Apr 3 2013 - 4:08pm




Greenwood, Miss. — Viking Range today announced plans to acquire its distribution partner Sues, Young & Brown.

The company has been the exclusive distributor for Viking in Southern California since 1987. No financial details on the deal were announced.

The Sues, Young & Brown management team will remain in place, and it will continue with its marketing, warehousing and service support for Viking going forward.

The distributor has been in business since 1944 and showcases Viking’s entire product line in vignettes to the public, Viking said.

Core Majap Categories Rebound In February: AHAM

Core Majap Categories Rebound In February: AHAM

By Alan Wolf On Mar 22 2013 - 3:01pm




Washington — Factory unit shipments of key major appliance categories rose 8 percent in February after falling 9 percent one year prior.

The Presidents Day-period pickup followed a nearly 2 percent uptick in total majap volume in January, the Association of Home Appliance Manufacturers (AHAM) reported.

However, a nearly 46 percent decline in dehumidifier shipments, and a 21 percent drop in room air volume, limited total  February wholesale sales to a 0.7 percent gain, AHAM’s monthly shipment data show.

Samsung Wins Highest Energy Star Award

Samsung Wins Highest Energy Star Award

By Greg Tarr On Mar 5 2013 - 2:25pm

samsung, energy star


Ridgefield Park, N.J. — The U.S. Environmental Protection Agency (EPA) said Tuesday it has recognized Samsung Electronics with its highest award: the 2013 Energy Star Partner of the Year – Sustained Excellence.

In a statement announcing the feat Tuesday, Bob Perciasepe, EPA acting administrator, said Samsung Electronics
“leads the field with their commitment to energy efficiency and demonstrates how all Americans can save energy, save money and create a healthier environment.”

Jan. Majap Shipments Up 1.7%: AHAM

Jan. Majap Shipments Up 1.7%: AHAM

By Alan Wolf On Feb 21 2013 - 2:34pm

AHAM


Washington – The new year got off to a good start for the U.S. major appliance industry, with factory shipments rising 1.7 percent in January.

Drilling down into the data the news is even rosier: shipments of the sector’s six core categories -- washers, dryers, dishwashers, refrigerators, freezers, ranges and ovens – together grew 2.3 percent year over year, to about 2.2 million units.

GE Accuses Whirlpool Of Fixing Compressor Prices

GE Accuses Whirlpool Of Fixing Compressor Prices

By Alan Wolf On Feb 21 2013 - 12:02pm

GE


Louisville, Ky. — GE has filed an antitrust suit against Whirlpool and four of its subsidiaries and suppliers for conspiring to inflate the price of refrigerator compressors.

The suit, filed last week in a federal court here, claims the subsidiaries, Embraco North America and Whirlpool S.A., colluded with European suppliers Danfoos A/S and Household Conpressors Holding SpA, to limit compressor production, raise prices, and allocate GE’s purchases among themselves to avoid competition.