Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Sunbeam Emerges From Chapter 11
Dec 19, 2002
 Printable format
 Email this Article
 Search

Consumer products maker Sunbeam Corp. said it has emerged from Chapter 11 bankruptcy protection and said its chairman will make an investment in the company.

The Boca Raton, FL, U.S.-based company said it would change its name to American Household Inc., which will operate three subsidiaries: The Coleman Co. Inc., Sunbeam Products Inc., and First Alert/Powermate Inc.

Jerry Levin, chairman and chief executive of American Household and chairman of each subsidiary, will make an investment in the company as it emerges from bankruptcy protection, the company said. American Household's reorganization plan had been confirmed by a bankruptcy court in southern New York in late November. Substantially all of its bank debt was converted into equity in that reorganization.

Back to Daily News

 

Daily News

...........................................................

Apr 23, 2014: Bosch Home Appliances Garners EPA Energy Star Partner of the Year - Sustained Excellence Award

Apr 23, 2014: AO Smith Develops Ultra-Low NOx, Compact Commercial Water Heater for California

Apr 23, 2014: Dacor Launches First North American Cooktop with Touch Control

Apr 23, 2014: Existing-Home Sales Show Slight March Decrease

Apr 23, 2014: CEA: Consumer Sentiment Down in April

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows