Thanks to Home Connectivity Standards Alliance, smart appliances from multiple brands will be talking to each other. The alliance is a consortium of more than a dozen appliance manufacturers, including Samsung, Trane, Electrolux, LG and Resideo. This new standard aims to ensure large smart appliances from different brands work in tandem to deliver convenience to consumers and to achieve energy…
Electrolux said it plans to sell its nine year old Memphis, Tennessee cooking plant that has been sitting idle since June for approximately $82.5 million. The all-cash deal is expected to close this quarter to an unnamed buyer. After shifting production from Canada, Electrolux opened the 750,000-square-foot facility in November 2013. It cost the company $266 million to build, offset…
Swedish brand Electrolux not only wants to produce the best appliances they have a long-term strategy to significantly reduce climate impact. As experts in clothing care they are developing advanced laundry technologies that make the clothes we wear last longer to ultimately reduce water and energy. There is research that shows an urgent need to help people understand how to…
Electrolux has reported a weaker-than-expected market demand and is initiating cost reductions. Electrolux reports for Q3 their market demand for their core appliances in US and Europe is estimated to decreased at an accelerated rate compared with Q2. This is most likely from high inflation on consumer durables purchases and low consumer confidence. High retailer inventory levels have been impacted…
Electrolux partnered with designer, Nicholas Gurney to develop a new Compact Urban Living environment in the Experience Centre at Mascot, Sydney. The 35 square meter hybrid micro apartment is to inspire designers to discover the design possibilities of compact living, which could be the answer to Australia’s urban housing crisis. The number of Australians living in apartments has increased by…
