Hoover US
Founded in 1908, Hoover has established itself as a well-known and respected manufacturer of household appliances in the United States. It was given this name in honor of its founder, William Henry Hoover, and is today considered a household name. Despite the fact that things remained local for the most extended period, things began to change after Techtronic Industries purchased it for $107 million in 2006. Although the headquarters are still in North Carolina, the central office is now located in Hong Kong. A massive Chinese corporation with more than 30,000 employees and annual sales of more than $7.7 billion, the company is colossal. Although it is no longer an American corporation, it is in good hands.
Hoover US
Frigidaire
Frigidaire, originally known as the Guardian Refrigerator Company, began operations in Indiana in 1918. While Alfred Mellowes and Nathaniel B. Wales had the inspiration for it, they lacked the financial resources to see it through to completion. In stepped William C. Durant, a General Motors executive, to save the day! He made an investment in the company, making it possible for the two of them to take it to where it is today. The White Sewing Machine Company owned the company in 1979 when it went out of business. In 1986, a Swedish firm by the name of Electrolux acquired the company. To this day, Frigidaire remains a subsidiary of this corporation. Still, it appears to be doing quite fine on its own.
Frigidaire
