McGraw Edison
I am not positive of the exact year but the story is that Hotpoint, which was originaly a division of McGraw Edison,inroduced the firs electric range around 1920.GE was working on the same idea but HP beet them to the punch on the pattents and copyrights.Hotpoint was already producing electric toasters and irons.So,in order to continue their reputaion in najor home appliances and,knowing how popular electric ranges would be especialy on farm homes in areas where gas only came from a truck instead of underground,GE desided to buy the entire Hotpoint division from ME.That gave them the right to place their name on the ranges,toasters and irons that were originaly introduced by Hotpoint.If you search through antique applainces and see some of the original Hotpoint products,you'll see that the name plate will tell you that they were originaly a McGraw Edison or Edison electric division not GE until after the deal that they made almost imediately after Hotpoint's introduction of the electric ramge.
At first,for years,even decades,Hotpoint was definately a "quality product"of General Electric.It wasn't until around the late 70's that they became sourt of "Elcheapo"looking.Now they're nothing but a "feeder" line for GE.There is no longer any product they make that you can't find under GE's lable as well.Originaly,their washers,dryers,dishwashers and air conditioners were no where near the design or style of the GE line.They stood alone in design,features and style.Now, they're so damned generic it isn't funny.I could go to a furniture and appliance store that carried GE,Hotpoint,Kelvinator and Gibson appliances and see not only the noticeable difference between the GE and Hotpoint appliances but also the similarities between the Gibson and Kelvinator products.The nametags on the GE and Hotpoint would be screwed or rivited on,the Gibson and Kelvinators were glued on.The year WCI went to the polly tubs completeky ended my interest in any of their products especialy laundry and ranges.But,when I saw the WCI/Frigidaires go the same route,I was devistated.