The Canadian Appliance Manufacturers Association (CAMA), an Electro-Federation Canada (EFC) council, today announced latest market research for the Canadian Appliance industry in its published report, Major Appliance Industry Trends & Forecast. In 2008, CAMA calls for an increase of 3.7% for the five core white goods products. Shipments to the retail channel are expected to reach 4.532 million for the five core products, however the builder channel is expected to remain flat at 652,000 for 2008. Laundry products are expected to lead the way in growth for 2008, with a forecasted growth of 4.6% for washers and 5.4% for dryers.
Arcelik AS, Turkey's largest maker of household appliances, may bid for General Electric Co.'s appliance division, Chief Executive Officer Aka Gunduz Ozdemir said today. Search for Parts
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The Association of Home Appliance Manufacturers (AHAM) has released new data based on 2007 shipments of major appliances, highlighting dramatic decreases in home appliance energy consumption since 2000.
SEOUL/BEIJING (Reuters) - General Electric Co (GE.N) Chief Executive Jeff Immelt on Wednesday named five non-U.S. appliance manufacturers, including China's Haier, South Korea's LG Electronics, Sweden's Electrolux, Mexico's Controladora Mabe and Turkey's Arcelik, as potential bidders for the company's century-old appliances business.