GE Sells to Haier
- Thread starter rockland1
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The $64,000 Question: Will this ultimately improve Haier or degrade GE? I know Haier has been keen to improve their image, their appliances, and their sales in the US.
mrb627
Well-known member
Hmmm...
Doesn't Haier own Fisher and Paykel now too?
Malcolm
Doesn't Haier own Fisher and Paykel now too?
Malcolm
The sale is still subject to approval by Hair stockholders and regulatory issues.It is sad-drather GE appliance just go out of business.
GE Appliance Divison Sold To Haier
Yay, I knew that it would either go to Haier, LG or Samsung.
I am glad it went to Haier because more American [ many union jobs ] will be saved this way. Haier does not have major manufacturing capacity in this country so that may bode well for keeping some of GEs old factories running here. If one of the Korean companies had gotten it more appliances would have likely just come from Korea.
And about now I am sick and tired of the cheap Korean appliances, yesterday I had to install a new heating element in a full sized Samsung dryer. The SS dryer is basically a copy of a WP built 27" dryer, but it is so cheaply built, you can not believe how much thinner everything is compared to a WP dryer [ and believe me WP dryers are already thin enough ] I cant believe anyone that has ever worked on or done a direct comparison of LG and SS washers, dryers, refs etc would ever buy one. I most cases I would estimate that the Korean appliances will end up having about 1/2 the useful life spans of the WP built stuff to say nothing of washers and dryers built by Speed Queen.
John L.
Yay, I knew that it would either go to Haier, LG or Samsung.
I am glad it went to Haier because more American [ many union jobs ] will be saved this way. Haier does not have major manufacturing capacity in this country so that may bode well for keeping some of GEs old factories running here. If one of the Korean companies had gotten it more appliances would have likely just come from Korea.
And about now I am sick and tired of the cheap Korean appliances, yesterday I had to install a new heating element in a full sized Samsung dryer. The SS dryer is basically a copy of a WP built 27" dryer, but it is so cheaply built, you can not believe how much thinner everything is compared to a WP dryer [ and believe me WP dryers are already thin enough ] I cant believe anyone that has ever worked on or done a direct comparison of LG and SS washers, dryers, refs etc would ever buy one. I most cases I would estimate that the Korean appliances will end up having about 1/2 the useful life spans of the WP built stuff to say nothing of washers and dryers built by Speed Queen.
John L.
Yep, it's true: We just play around with money...
-- Dave
-- Dave
Haier
Haier is the brand with the pretty much worst reputation over here... At least they have been known to be an absolut BOL manufacturer...
Haier is the brand with the pretty much worst reputation over here... At least they have been known to be an absolut BOL manufacturer...
Haier...
Well... hold on a second... I'll kill myself and be right back..
Well... hold on a second... I'll kill myself and be right back..
iheartmaytag
Well-known member
As Adele would say
This is the end.
This is the end.
joeypete
Well-known member
I'm more worried about Appliance Park. If they keep that and the workers, I'll feel much better. I hate to see this American icon leave American ownership but not much you can do. They obviously wanted out of the appliance business pretty badly. It's sad, but such is the times.
I've always been a loyal GE customer so I'll have to see how things go. Let's hope all that changes is the ownership.
I've always been a loyal GE customer so I'll have to see how things go. Let's hope all that changes is the ownership.
Absolutely disgraceful.
http://www.huffingtonpost.com/entry...siness-qingdao-haier_5698b2b6e4b0778f46f8f545
Looks like my next range will be a WP/MT instead.
Got the last American GE dishwasher. I'll enjoy that.
Now all we got left is Team Whirlpool.
http://www.huffingtonpost.com/entry...siness-qingdao-haier_5698b2b6e4b0778f46f8f545
Looks like my next range will be a WP/MT instead.
Got the last American GE dishwasher. I'll enjoy that.
Now all we got left is Team Whirlpool.
I've never been a GE fan at all, so I could care less either way. I do however agree with John, I'm glad the sale went to a company other than Samsung or LG. There is no more vile corporate existence in this world than SS and their blatant and admitted rip offs of every successful manufacturers work, whether it be electronics or appliances. LG isn't as terrible in that regard because they do innovate in their own way with certain things, but they're already too big for their pants to be taking in a brand as big as GE.
I also agree that every SS appliance I've seen disassembled in person was an LG or Whirlpool ripoff, although with plastics and tin metal that have the same quality as toys bought at the Dollar Tree.
I also agree that every SS appliance I've seen disassembled in person was an LG or Whirlpool ripoff, although with plastics and tin metal that have the same quality as toys bought at the Dollar Tree.
iheartmaytag
Well-known member
My mother was always a loyal GE customer. There was a time she would not have anything but GE in her house. Slowly as GE began to become disinterested in the customers that made them, we started migrating to Maytag, now Whirlpool.
This last range I purchased was a GE, Not up to the standards as the original P-7, but still a good range. GE at one time had the top rated Washer/Dryer on the market as well as the Top rated Dishwasher the GSD 1200.
I guess there is just more profit in a locomotive engine or MRI machine than a Filter-flo washer.
Good-bye GE. I shall never buy ye again.
This last range I purchased was a GE, Not up to the standards as the original P-7, but still a good range. GE at one time had the top rated Washer/Dryer on the market as well as the Top rated Dishwasher the GSD 1200.
I guess there is just more profit in a locomotive engine or MRI machine than a Filter-flo washer.
Good-bye GE. I shall never buy ye again.
More than likely
Haier will quietly wind down operations in Appliance park and other locales with product coming from low wage "competitive" factories.
And as surely as night follows day, WH among others will do the monkey see, monkey do and follow Haiers lead.
Naturally, Wall Street will go into a frenzy praising GE for "focusing on growth areas" while "reducing exposure to cyclical lines of business". Et Cetera.
Corporate whores they are, no more no less.
Haier will quietly wind down operations in Appliance park and other locales with product coming from low wage "competitive" factories.
And as surely as night follows day, WH among others will do the monkey see, monkey do and follow Haiers lead.
Naturally, Wall Street will go into a frenzy praising GE for "focusing on growth areas" while "reducing exposure to cyclical lines of business". Et Cetera.
Corporate whores they are, no more no less.
mrb627
Well-known member
Good Question
How long has Haier owned F&P? And has their product suffered as a result?
Malcolm
How long has Haier owned F&P? And has their product suffered as a result?
Malcolm
GE Appliance factories stateside are unionized
foremost that is the kiss of death per Wall Street Journal.
Second, this allows GE to wipe their hands of 12,000 Appliance employees. They get fast cash, offload pension liabilities and can buy back more stock to keep shareholders happy.
Haier already has facilities in low cost China. Why would they want to continue to pay union scale wages to make pretty much the same thing for higher cost?
foremost that is the kiss of death per Wall Street Journal.
Second, this allows GE to wipe their hands of 12,000 Appliance employees. They get fast cash, offload pension liabilities and can buy back more stock to keep shareholders happy.
Haier already has facilities in low cost China. Why would they want to continue to pay union scale wages to make pretty much the same thing for higher cost?
