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

BSH Reverses Washing Machine Plant Closure
Oct 17, 2005
 Printable format
 Email this Article
 Search

European appliance maker BSH Bosch und Siemens Hausgeräte GmbH has reversed its decision to shut down its washing machine plant in Berlin, Germany following a union agreement on more flexible working hours and bonus cuts, Die Welt newspaper reported.

"We can imagine that we will continue making washing machines in Berlin beyond the end of 2006," Kurt-Ludwig Gutberlet, head of BSH, said.

The factory has about 1,100 employees.

The company said that it is also planning to invest 500 million euro (approx. U.S. $602 million) in the German home appliance market in hopes of an increase in consumer demand.

"We are optimistic there will be a turnaround in the industry," said Gutberlet. "Households have a lot of backed-up replacement need."

Gutberlet said he sees the household goods industry posting 1 to 2 percent growth next year, after 8 consecutive years of shrinking sales. (AFX, Forbes)

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