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

Maytag to Probe Supplier Quality Issue
Oct 24, 2005
 Printable format
 Email this Article
 Search

Appliance maker Maytag Corporation said it is investigating whether a supplier-related quality and potential product safety issue disclosed by Whirlpool Corporation will affect some refrigeration products manufactured by Maytag prior to 2003.

Maytag said in a quarterly report filed with the U.S. Securities and Exchange Commission (SEC) that it shares a common supplier with Whirlpool on certain models.

According to a previous SEC filing, Whirlpool is investigating a supplier-related quality and potential product safety problem that may affect up to 3.5 million appliances manufactured between 2000 and 2002.

Whirlpool estimates a potential cost of up to U.S. $235 million to correct the problem, depending on whether some or all of the appliances must be repaired or replaced. The cost is also dependent on whether the cost of any such corrective action rests initially on Whirlpool or the supplier.

Also, Whirlpool said it could incur other costs arising from the matter, which currently cannot be estimated. Maytag said it isn't known whether the issue exists in its products and that it cannot project the estimated cost in correcting the issue, if it exists. (Dow Jones)

Back to Daily News

 

Daily News

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

Nov 26, 2014: Hamilton Beach 3Q income down slightly

Nov 26, 2014: LG's sales of Inverter Linear Compressor refrigerators top 10 million

Nov 25, 2014: Robotics Exhibits Grow 25% at 2015 CES

Nov 25, 2014: Index shows HVAC/R contractors more positive than last year

Nov 25, 2014: Consumer Confidence Index Declines

More Daily News>>

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

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

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
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 | Plastics Today | Powder Bulk Solids | Canon Trade Shows