WHITE GOODS UP, VACS DOWN FOR ELECTROLUX UNIT.(North American operations of AB Electrolux)(Brief Article)
HFN: The Weekly Newspaper for the Home Furnishing Network, November, 2003
STOCKHOLM, Sweden-AB Electrolux's North American major appliances continued "strong growth" as floor care remained "substantially" down in the third quarter ending Sept 30. Electrolux Home Products North America (previously Frigidaire) recorded increased sales as operating income "increased substantially and margin improved as a result of higher volumes, lower costs for materials and better manufacturing efficiency," explained a company statement.
AB Electrolux also revealed that the Greenville, Mich., refrigeration plant is being evaluated for possible closure because of "weak financial performance." A company representative said no shutdown could occur before November 2005, when the union contract expires. The factory employs 2,700. The Frigidaire...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
