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Home > Company Index > Consumer Products-Durables  > Appliances > GE Appliances

GE Appliances
 NEWS FROM THE STANDARD
General Electric's Spin Machine
Jan 15 2001 09:00 AM PST

GE's Capital Idea
Jan 15 2001 12:00 AM PST

Just Managing: Focus! Focus! Focus!
Oct 04 2000 10:59 AM PDT

 PROFILE
GE Appliances doesn't believe it's possible to slave in a kitchen -- at least, not in one fitted with its products. The company is the #2 US maker of major household appliances (behind Whirlpool), including refrigerators, ovens, trash compactors, dishwashers, air conditioners, washers, and dryers. In addition to its namesake GE line, its brands include Monogram, Profile, Profile Performance, and value-priced Hotpoint. GE Appliances also makes private-label brands for retailers. In addition, the company services appliances and offers service protection plans and parts. GE Appliances, which sells its products to retailers and building contractors, contributes about 5% of parent General Electric's total sales.

 COMPETITION
AB Electrolux (ELUX)
Maytag Corporation (MYG)
Whirlpool Corporation (WHR)

 DEALS
Deal: BuildNet Closes $35.7 Million Round of Financing
Date Announced: 05.25.99
Value of transaction (US $Mil): 37.5
Description: Home-building e-commerce site receives $35.7 million in financing.

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 5,887.00
1-Yr. Sales Growth: 3.9%
Employees: 50,000
Revenue per employee: $117,740.00

 KEY PEOPLE
• James P. Campbell
    CEO
• Stephen J. Sedita
    CFO

 CONTACT INFO
Appliance Park
Louisville, KY 40225
US
Phone: 502-452-4311
Fax: 502-452-0352
Online: Web Site

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