Whirlpool Completes Sell Off Of Maytag Properties
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I only joined this site in 2003 and would have never thought that in just a few years short time that Maytag would be totally kaput. What a shame Maytag destroyed themselves the way that they did.
Sad and Unfourtinate!
This is a sad day it is really bad that their are so few appliance companies left in the USA. This is why I had hoped a foreign company would have bought Maytag. As bad as this is it still isn't as tragic as to what WCI did to Frigidaire.
Peter
This is a sad day it is really bad that their are so few appliance companies left in the USA. This is why I had hoped a foreign company would have bought Maytag. As bad as this is it still isn't as tragic as to what WCI did to Frigidaire.
Peter
brettsomers
Well-known member
- Joined
- Dec 30, 2005
- Messages
- 1,993
Goodbye, Maytag! and to think just (approx) 10 years ago it all started falling apart with the introduction of the infamous Neptune! i had such hopes for this exciting new washer, back in the day when front-load machines where not so common.
Sorry about Maytag
This is very bad news for our U.S. friends,and I am terribly sorry this has happened to a company which I believe was around for over 100 years,and was recognised worldwide for reliability and dependability.
I am also sorry to say that Electrolux will be closing it's manufacturing plants here in Australia later this year and moving manufacturing to (guess where?),yep that's right China and south east Asia and therefore Simpson and Westinghouse washing machines will no longer be manufactured here in Australia.
It looks like these bloody free trade agreements might be free but they most certainly are not fair.
Cheers.
Steve.
This is very bad news for our U.S. friends,and I am terribly sorry this has happened to a company which I believe was around for over 100 years,and was recognised worldwide for reliability and dependability.
I am also sorry to say that Electrolux will be closing it's manufacturing plants here in Australia later this year and moving manufacturing to (guess where?),yep that's right China and south east Asia and therefore Simpson and Westinghouse washing machines will no longer be manufactured here in Australia.
It looks like these bloody free trade agreements might be free but they most certainly are not fair.
Cheers.
Steve.
polkanut
Well-known member
Buckle up boys and girls, it's going to be a bumpy ride!!!
Well We All Saw This Coming
Anyone who follows mergers and acquisitions knows the bean counters size up ALL assets before any offers are made. Whirlpool certianly was not going get anywhere near 1/3 of their investment back anytime soon on Maytag appliances. But the hard assets, real estate and such; that is where the easy money can be found.
Guess we should at least be happy in most cases the plants will be going to good uses, rather than sitting abandoned and empty. Anyone want to drive by the closed out plants for dumpster diving? *LOL*
L.
Anyone who follows mergers and acquisitions knows the bean counters size up ALL assets before any offers are made. Whirlpool certianly was not going get anywhere near 1/3 of their investment back anytime soon on Maytag appliances. But the hard assets, real estate and such; that is where the easy money can be found.
Guess we should at least be happy in most cases the plants will be going to good uses, rather than sitting abandoned and empty. Anyone want to drive by the closed out plants for dumpster diving? *LOL*
L.
*If* is the biggest word in the English language.
If only maytag had snatched up other companies for their engineering more slowly (pay off your older debts first). Amana to get their refrigeration line. Tragic Chef to get their cooking line, etc.
The change in US law for water efficiency of washers, with the resulting "sudden" need for front-loaders, methinks can also be blamed for opening the door to foreign mannies.
Indeed, dumster diving for a Dependble Care sounds good to me.
If only maytag had snatched up other companies for their engineering more slowly (pay off your older debts first). Amana to get their refrigeration line. Tragic Chef to get their cooking line, etc.
The change in US law for water efficiency of washers, with the resulting "sudden" need for front-loaders, methinks can also be blamed for opening the door to foreign mannies.
Indeed, dumster diving for a Dependble Care sounds good to me.
Dumpster Diving
Laundress - you read my mine! Okay folks, buckle up your seat belts back there, time to head to Newton!
On a side note, I found it interesting that the R&R building, "11,500-square-foot research and development building and a guest home near the Newton Country Club, will be transferred to the Jasper Community Foundation." I wonder if the Jasper County Museum will have access to the R&R building - I would just LOVE to look through there for some fun documentation and such!
Ben
Laundress - you read my mine! Okay folks, buckle up your seat belts back there, time to head to Newton!
On a side note, I found it interesting that the R&R building, "11,500-square-foot research and development building and a guest home near the Newton Country Club, will be transferred to the Jasper Community Foundation." I wonder if the Jasper County Museum will have access to the R&R building - I would just LOVE to look through there for some fun documentation and such!
Ben
I'm Serious
May not be able to attend myself, but think of all the "junk" probably will be and has been tossed. Manuals and such, not to mention things others may consider rubbish, but a gold mine to appliance nuts. Whirlpool certianly is not going to pay for carting the stuff to their headquarters, and forget about storage. Am willing to bet many Maytag employees latched on to what they could "save".
Plant closings are like moving house, you never know what you'll find stashed away.
L.
May not be able to attend myself, but think of all the "junk" probably will be and has been tossed. Manuals and such, not to mention things others may consider rubbish, but a gold mine to appliance nuts. Whirlpool certianly is not going to pay for carting the stuff to their headquarters, and forget about storage. Am willing to bet many Maytag employees latched on to what they could "save".
Plant closings are like moving house, you never know what you'll find stashed away.
L.
hoover1060
Well-known member
- Joined
- Apr 9, 2005
- Messages
- 3,309
so thorough...
Man I am saddened by that article. I have little sympathy for the modern day Maytag that killed Hoover, but have to bow my head in silence after reading this article.
Its like Whirlpool snuffed out what life was left in Maytag, and this was the dismemberment of the body.
Sad, very sad...
Man I am saddened by that article. I have little sympathy for the modern day Maytag that killed Hoover, but have to bow my head in silence after reading this article.
Its like Whirlpool snuffed out what life was left in Maytag, and this was the dismemberment of the body.
Sad, very sad...
It slices, it shreds, it dices.
Anything for market-share and to knock out the competition.
I would have loved to see Maytag DC engineering continue, even with a WP badge, or *GASP* even a Kenmore badge.
Anything for market-share and to knock out the competition.
I would have loved to see Maytag DC engineering continue, even with a WP badge, or *GASP* even a Kenmore badge.
10 years ago it all started falling apart with the introduct
Yep!
I had to have the latest and the greatest(Gadget) from Maytag. Bought one of the first Neptunes available. But to this day, I have no regrets. I still believe it is a wonderful set, and although mine decided to give me problems after the recall issue, it is still a great machine.
The Neptunes take their place next to the disappearing Maytag Dependable Care.
Yep!
I had to have the latest and the greatest(Gadget) from Maytag. Bought one of the first Neptunes available. But to this day, I have no regrets. I still believe it is a wonderful set, and although mine decided to give me problems after the recall issue, it is still a great machine.
The Neptunes take their place next to the disappearing Maytag Dependable Care.
Do I see blue balls?
Do I see blue balls?
Yes you do, but, that pic was taken months ago.
Blue balls are no longer(Tee Hee).
Yes you do, but, that pic was taken months ago.
Blue balls are no longer(Tee Hee).
Fantastic, my job is done here.
Sad that such wonderful machines are NLA. The end of an era.
Hey, but the stock price went up! Isn't that the important thing? We must never forget that the investor class needs all the help they can get. Remember Paris Hilton is counting on the Dow Jones to be healthy.
Poor Newton. I sure hope it will recover. I've seen too many towns talk that kind of optimistic talk when stuff liket his happens. Newton is close enough to Des Moines that it might be OK though.
Poor Newton. I sure hope it will recover. I've seen too many towns talk that kind of optimistic talk when stuff liket his happens. Newton is close enough to Des Moines that it might be OK though.
"Newton is close enough to Des Moines that it might be
You are right Dan. For years, blue collar folks from the East and Southeast side Des Moines were originally sent by train, then bus, and finally just drove along I-80 from Des Moines to Newton during the hey days of Maytag. There is still plenty of commerce to go around in Des Moines that I surely hope that folks left out to dry in Newton have the ability to at least seek employment either in Newton or surounding small communites - or the capital.
Laundress - maybe I need to take a few trips to Newton to 'plan' the scavenger hunt - anyone wanna help?
Ben
You are right Dan. For years, blue collar folks from the East and Southeast side Des Moines were originally sent by train, then bus, and finally just drove along I-80 from Des Moines to Newton during the hey days of Maytag. There is still plenty of commerce to go around in Des Moines that I surely hope that folks left out to dry in Newton have the ability to at least seek employment either in Newton or surounding small communites - or the capital.
Laundress - maybe I need to take a few trips to Newton to 'plan' the scavenger hunt - anyone wanna help?
Ben
