Whirlpool Corp. said that it expects the
"At one point in time we thought we would see some recovery toward the end of the year," Todman said. "We don't think that now."
Still, Todman said business showed some life in May as
To keep fueling that global growth, Todman said Whirlpool had started selling its upscale KitchenAid products in new areas such as Europe and
Todman also said that Whirlpool's business had some stability because of growth now taking place in the Maytag and Amana brands acquired in 2006. Whirlpool has been designing new products to differentiate those brands since the purchase.
Todman also said the home builder market was another area of growth for Whirlpool, but declined to comment when asked if his company was considering bidding for General Electric Co's appliance unit. "We certainly think we have great opportunity to expand in the builder market," Todman said. (Reuters)