Thread Number: 63582
/ Tag: Other Home Products or Autos
GE Receives appliance bids from Chinese firms |
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Post# 861614   1/13/2016 at 13:11 (2,996 days old) by appnut (TX)   |   | |
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Midea and Haier. I know they won't do it, but I wish they'd just leave the appliance business alone. CLICK HERE TO GO TO appnut's LINK |
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Post# 861742 , Reply# 1   1/14/2016 at 03:17 (2,996 days old) by tolivac (greenville nc)   |   | |
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Drather see the GE appliance division go dead than be sold to those outfits! |
Post# 861792 , Reply# 2   1/14/2016 at 10:22 (2,995 days old) by firedome (Binghamton NY & Lake Champlain VT)   |   | |
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Post# 861820 , Reply# 3   1/14/2016 at 13:24 (2,995 days old) by Iheartmaytag (Wichita, Kansas)   |   | |
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Post# 861855 , Reply# 4   1/14/2016 at 16:07 (2,995 days old) by Gusherb (Chicago/NWI)   |   | |
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Electrolux or the Chinese are very bad IMO. GE going to the Chinese makes me think of TTI and Hoover. Hoover would be better off a memory at this point then the junk that TTI slaps their name on now. |
Post# 861858 , Reply# 5   1/14/2016 at 16:30 (2,995 days old) by washer111 ()   |   | |
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Haier's already gotten the Kiwi icon - Fisher and Paykel. "What on earth will they think of next?" |
Post# 861867 , Reply# 6   1/14/2016 at 17:19 (2,995 days old) by DADoES (TX, U.S. of A.)   |   | |
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Post# 861927 , Reply# 9   1/14/2016 at 23:42 (2,995 days old) by gansky1 (Omaha, The Home of the TV Dinner!)   |   | |
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Post# 861929 , Reply# 10   1/15/2016 at 00:23 (2,995 days old) by DaveAMKrayoGuy (Oak Park, MI)   |   | |
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Post# 861930 , Reply# 11   1/15/2016 at 00:38 (2,995 days old) by Supersuds (Knoxville, Tenn.)   |   | |
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Wall Street Journal thinks its a done deal.
I don't know about fire sale pricing. It looks like Haier is paying more now -- $4 billion -- than they would have paid in 2008. Electrolux was only offering $3.3 billion. GE is also getting $175 million from Electrolux. Most surprising is that with the acquisition Haier will become No. 2 in the U.S. market, ahead of Electrolux. CLICK HERE TO GO TO Supersuds's LINK |
Post# 862093 , Reply# 12   1/15/2016 at 19:47 (2,994 days old) by angus (Fairfield, CT.)   |   | |
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It's official - saw it on this morning's news. Haier it is... |
Post# 862100 , Reply# 13   1/15/2016 at 20:51 (2,994 days old) by LordKenmore (The Laundry Room)   |   | |
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Post# 862128 , Reply# 14   1/16/2016 at 05:30 (2,994 days old) by Frigilux (The Minnesota Prairie)   |   | |
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This is what makes me sad: The United States's admirable desire to pay middle class-sustaining wages and ensure the safety of products, working conditions and the environment was abandoned for Wall Street / stockholders.
Look at China: So many reports of shoddy, unsafe manufactured goods; abysmal, unsafe conditions for workers; horrible pollution of air, ground, and water. And they're considered the winners. It's not right. |
Post# 862229 , Reply# 18   1/16/2016 at 16:44 (2,993 days old) by sudsmaster (SF Bay Area, California)   |   | |
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Post# 862248 , Reply# 19   1/16/2016 at 19:39 (2,993 days old) by MattL (Flushing, MI)   |   | |
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Came across this. For me the jury is still out, but this makes it sound a little better, time will tell.
CLICK HERE TO GO TO MattL's LINK |
Post# 862258 , Reply# 20   1/16/2016 at 20:08 (2,993 days old) by LordKenmore (The Laundry Room)   |   | |
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Post# 862300 , Reply# 21   1/17/2016 at 07:17 (2,993 days old) by arbilab (Ft Worth TX (Ridglea))   |   | |
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Sure Haier sells most appliances. You have to take delivery on 4 to get one that works more than a month. (Editorial exaggeration.)
But seriously, I spent an evening reading user experience with Haier washers and the consensus was... unfavorable. Despite blurbage that they're trying really hard, the takeaway impression was that they don't exactly 'get it' in terms of integrity/reliability . Seems we'll soon have more evidence, like it or not. One thing you have to give them: they hire Americans while, other than lawyers and MBAs, most American corporations don't if they can help it. |
Post# 862306 , Reply# 22   1/17/2016 at 07:52 (2,993 days old) by washman (o)   |   | |
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Men in denim built this country. Men in suits wrecked it |
Post# 862312 , Reply# 23   1/17/2016 at 09:22 (2,993 days old) by tennblondie78 (Bowling Green, KY)   |   | |
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I just purchased a special order GE microwave from Home Depot. I had to special order because I'm one of the 2 people in the world that like Bisque color. Waited a week for the first one to come in. I opened the box and there was a long scratch in the paint on the back side of the door glass by the right side of the handle. The glass is on top of the inner door frame, so it could not have happened after assembly. The scratch stood out like a sore thumb.
I returned the first microwave as damaged and ordered another one. Waited 2 weeks for it. It came and guess what? Same exact defect, but the scratch was a couple millimeters shorter. I started not to accept the unit, but HD gave me $84 off and GE is sending a check for $50, so I took it. I see the damn scratch every time I open the door. I should also note that when I returned the first unit to HD they never looked at it or questioned me. I was told by the store manager that they receive so many appliances (from all brands/manufacturers) with obvious damage and defects sustained at the factory shipped as good units that they are no longer surprised. The microwave is assembled in China. They apparently have no quality assurance, because the door was assembled, installed on the unit and put into a box with a glaring defect right by the damn door handle. Not on just one unit, either. Who knows how many they shipped like that. They obviously have a damaged assembly jig or something similar. GE sent me an email asking for a review of the product. I wrote a scathing review which of course, was moderated and they will not put it on their website. Cowards. I, for one, will never buy another GE product. The door on this thing opens and closes very hard and clunky. Even a guest at my house commented on the cheapness of the door open/close. It's a sad shame one can no longer buy appliances worth a damn. |
Post# 862369 , Reply# 25   1/17/2016 at 14:35 (2,992 days old) by LordKenmore (The Laundry Room)   |   | |
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>One thing you have to give them: they hire Americans while, other than lawyers and MBAs, most American corporations don't if they can help it.
And the apparent hope they'll continue manufacturing here is one reason why I'm happier than I was when the news "the Chinese are buying GE appliances!" hit. I care more about the people doing the real work than those at the highest levels of corporate. And it may be a good thing for the Chinese, too, having the ability to make appliances here. Assuming current trends remain current, with the middle class getting killed, and the poor getting poorer, the US will end up being 3rd world at some point. Haier will have an established manufacturing base here to make things to ship elsewhere. |
Post# 862435 , Reply# 26   1/17/2016 at 20:41 (2,992 days old) by Supersuds (Knoxville, Tenn.)   |   | |
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Post# 862495 , Reply# 27   1/18/2016 at 08:14 (2,992 days old) by jetcone (Schenectady-Home of Calrods,Monitor Tops,Toroid Transformers)   |   | |
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I hope you are right, it looks like they want to stay here and if its true they upped the quality then there is light at the end of the tunnel. I still think its a poor business decision to sell off any profitable business. And as I understand it GE was making a profit here.
Haier offered 1.4 billion more than Elux and Elux had a lot of overlap so there would have been closures like with what happened between Maytag and WP. But the mayor states ( remember he is just a politician) that Haier and GE have no overlaps. Time will tell thats all we can do is wait and see.
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