Indesit Company

Whirlpool Corporation to reach 100 percent renewable electricity for U.S. plant operations

Retrieved on: 
Wednesday, September 21, 2022

"Building on our long history of improved environmental performance, Whirlpool Corporation is accelerating our commitment to sustainable operations through investments like these VPPA agreements in off-site renewable energy, manufacturing plant retrofits, and ongoing energy, water, and waste reduction projects," said Sr. VP of Corporate Relations and Sustainability Pam Klyn.

Key Points: 
  • "Building on our long history of improved environmental performance, Whirlpool Corporation is accelerating our commitment to sustainable operations through investments like these VPPA agreements in off-site renewable energy, manufacturing plant retrofits, and ongoing energy, water, and waste reduction projects," said Sr. VP of Corporate Relations and Sustainability Pam Klyn.
  • "When this VPPA with ENGIE becomes fully operational in 2023, we expect to offset 100 percent of our U.S. plant electricity emissions."
  • To address this challenge, Whirlpool Corp. continues to invest in sustainable operations as aligned with its overall ESG strategy and Climate Transition Plan.
  • Whirlpool Corporation (NYSE: WHR) is committed to being the best global kitchen and laundry company, in constant pursuit of improving life at home.

Whirlpool Corporation Declares Quarterly Dividend

Retrieved on: 
Tuesday, August 16, 2022

BENTON HARBOR, Mich., Aug. 16, 2022 /PRNewswire/ -- Today the board of directors of Whirlpool Corporation (the "Company") declared a quarterly dividend of $1.75 per share on the company's common stock.

Key Points: 
  • BENTON HARBOR, Mich., Aug. 16, 2022 /PRNewswire/ -- Today the board of directors of Whirlpool Corporation (the "Company") declared a quarterly dividend of $1.75 per share on the company's common stock.
  • The dividend is payable on September 15, 2022, to stockholders of record at the close of business on August 26, 2022.
  • Whirlpool Corporation (NYSE: WHR) is committed to being the best global kitchen and laundry company, in constant pursuit of improving life at home.
  • In 2021, the company reported approximately $22 billion in annual sales, 69,000 employees and 54 manufacturing and technology research centers.

Whirlpool Corp. recognized as one of the 2022 Best Companies for Multicultural Women

Retrieved on: 
Tuesday, August 9, 2022

BENTON HARBOR, Mich., Aug. 9, 2022 /PRNewswire/ -- Whirlpool Corp. was recently recognized as one of Seramount's 2022 Best Companies for Multicultural Women.

Key Points: 
  • BENTON HARBOR, Mich., Aug. 9, 2022 /PRNewswire/ -- Whirlpool Corp. was recently recognized as one of Seramount's 2022 Best Companies for Multicultural Women.
  • This award recognizes companies that create and use the best hiring practices while retaining and promoting multicultural women in the United States.
  • This year's Best Companies for Multicultural Women employ about 2 million people at 37,000 work sites in every state across 16 industries.
  • The application for Best Companies for Multicultural Women includes more than 500 questions on representation; hiring, attrition, and promotion rates; recruitment, retention, and advancement programs; and company culture.

Whirlpool Corporation Announces Acquisition of InSinkErator

Retrieved on: 
Monday, August 8, 2022

The acquisition is a clear accelerator of our ongoing portfolio transformation and aligned with our stated goals of investing in high-growth and high-margin businesses and Win Americas," said Marc Bitzer, Chairman and CEO of Whirlpool Corporation.

Key Points: 
  • The acquisition is a clear accelerator of our ongoing portfolio transformation and aligned with our stated goals of investing in high-growth and high-margin businesses and Win Americas," said Marc Bitzer, Chairman and CEO of Whirlpool Corporation.
  • The acquisition is expected to be immediately accretive to Whirlpool Corporation's margins, adding approximately $1.25EPS accretion in fiscal 2023.
  • Greenhill & Co. LLC served as financial advisor and Wachtell, Lipton, Rosen & Katz served as legal counsel to Whirlpool Corporation.
  • Whirlpool Corporation (NYSE: WHR) is committed to being the best global kitchen and laundry company, in constant pursuit of improving life at home.

Emerson to Sell InSinkErator Business to Whirlpool Corporation

Retrieved on: 
Monday, August 8, 2022

Emerson (NYSE: EMR) today announced an agreement to sell its InSinkErator business to Whirlpool Corporation (NYSE: WHR) for $3.0 billion.

Key Points: 
  • Emerson (NYSE: EMR) today announced an agreement to sell its InSinkErator business to Whirlpool Corporation (NYSE: WHR) for $3.0 billion.
  • InSinkErator, the worlds largest manufacturer of food waste disposers and instant hot water dispensers for home and commercial use, was founded in 1938 and acquired by Emerson in 1968.
  • Whirlpool Corporation, a leader in the home appliance industry, is well positioned to build on InSinkErators strong legacy and performance for long-term growth and success.
  • Emerson will work closely with Whirlpool Corporation to help ensure a smooth transition for customers and InSinkErators nearly 1,400 employees.

Whirlpool Corp. named to Forbes' list of 'America's Best Employers for Women 2022'

Retrieved on: 
Thursday, July 28, 2022

BENTON HARBOR, Mich., July 28, 2022 /PRNewswire/ --Whirlpool Corp. (NYSE: WHR) announced today it has been named to Forbes' list of "America's Best Employers for Women 2022."

Key Points: 
  • BENTON HARBOR, Mich., July 28, 2022 /PRNewswire/ --Whirlpool Corp. (NYSE: WHR) announced today it has been named to Forbes' list of "America's Best Employers for Women 2022."
  • Whirlpool Corp. has taken meaningful actions to cultivate a strong, inclusive and diverse culture and support its female employees around the world.
  • Diversity among top executives / boardan index was built based on the share of women in executive management or board positions.
  • Whirlpool Corporation (NYSE: WHR) is committed to being the best global kitchen and laundry company, in constant pursuit of improving life at home.

Whirlpool Corp. recognized for sixth straight year as a "Best Place to Work for Disability Inclusion" for 2022

Retrieved on: 
Wednesday, July 20, 2022

BENTON HARBOR, Mich., July 20, 2022 /PRNewswire/ -- Once again, Whirlpool Corporation has been recognized as a "Best Place to Work for Disability Inclusion" after being awarded a 100 percent score on the 2022 Disability Equality Index (DEI), making this the sixth straight year of receiving a high score.

Key Points: 
  • BENTON HARBOR, Mich., July 20, 2022 /PRNewswire/ -- Once again, Whirlpool Corporation has been recognized as a "Best Place to Work for Disability Inclusion" after being awarded a 100 percent score on the 2022 Disability Equality Index (DEI), making this the sixth straight year of receiving a high score.
  • The DEI is the world's most comprehensive benchmarking tool for Fortune 1000 companies to measure disability workplace inclusion.
  • "Disability inclusion is a rapidly expanding aspect of corporate culture, and it's gratifying to partner with 415 companies on the 2022 Disability Equality Index," said Jill Houghton, president and CEO of Disability:IN.
  • In 2022, there were six categories within the DEI benchmark, which included Culture and Leadership, Enterprise-Wide Access, Employment Practices, Community Engagement, Supplier Diversity, and Non-U.S. Operations.

WHIRLPOOL CORPORATION TO ANNOUNCE SECOND-QUARTER RESULTS ON JULY 25 AND HOLD CONFERENCE CALL ON JULY 26

Retrieved on: 
Monday, July 18, 2022

Whirlpool Corporation will then hold a conference call to discuss its performance with the investment community at 8 a.m.

Key Points: 
  • Whirlpool Corporation will then hold a conference call to discuss its performance with the investment community at 8 a.m.
  • To participate in the conference call, dial 1 (888) 440-4038 and Conference ID 2610251. International participants should dial 1 (646) 960-0861 and Conference ID 2610251.
  • Participants should dial in at least 10 minutes prior to the call, as they may experience longer than usual wait times.
  • Whirlpool Corporation (NYSE: WHR) is committed to being the best global kitchen and laundry company, in constant pursuit of improving life at home.

Whirlpool Corporation Appoints Rob Byrd as General Manager, Builder Sales

Retrieved on: 
Monday, July 18, 2022

BENTON HARBOR, Mich., July 18, 2022 /PRNewswire/ --Whirlpool Corporation, a leading global major appliance company, is excited to announce that Rob Byrd has been appointed as General Manager of Builder Sales.

Key Points: 
  • BENTON HARBOR, Mich., July 18, 2022 /PRNewswire/ --Whirlpool Corporation, a leading global major appliance company, is excited to announce that Rob Byrd has been appointed as General Manager of Builder Sales.
  • Rob Byrd brings a strong background in builder sales to his new position, having worked across multiple roles throughout the company.
  • He started as a Business Analyst in Builder Sales and rose through the ranks in various specialties including product development and merchandising.
  • He will bring his steadfast leadership skills and extensive industry knowledge from his previous role, Director, National Accounts Sales & Operations, to his new role as General Manager, Builder Sales.

Whirlpool Corp. and Habitat for Humanity drive climate-resilient and energy-efficient home construction for lower-income families

Retrieved on: 
Wednesday, July 13, 2022

BENTON HARBOR, Mich., July 13, 2022  /PRNewswire/ -- Forecasters at the National Oceanic and Atmospheric Administration (NOAA) are predicting a seventh consecutive above-average hurricane season with up to 21 named storms this year. With inflation also at a 30-year high, more low-income families will be burdened with higher energy and repair costs.

Key Points: 
  • With inflation also at a 30-year high, more low-income families will be burdened with higher energy and repair costs.
  • A recent study by Whirlpool Corp. and Habitat for Humanity found that their joint efforts accounted for an average reduction of 20 percent in annual household energy costs attributable to appliance use.
  • Whirlpool Corp.'s donated appliances have also contributed to energy savings equivalent to taking 33,000 passenger cars off the road.
  • For more details on Whirlpool Corp. and Habitat for Humanity's BuildBetter collaboration and impact, please visit here .