Hoover US
Hoover went into business all the way back in 1908, and has since become a leading brand in domestic and professional cleaning sectors alike. William Henry Hoover is the company’s namesake, adding to the legendary status of this beloved company. Although this business stayed within American borders for over one hundred years, it was in 2006 that a $107 acquisition was pulled off by Techtronic Industries. It’s North Carolina HQ remains, but the base of operations has now moved to Hong King. The Chinese business is fathomless, with over 30,000 people dedicated to its objectives, and an annual selling target exceeding $7.7 billion. What a fantastic way to improve a business!
Hoover US
Frigidaire
Initially named the Guardian Frigerator Company, it was in 1918 within Indiana that Frigidaire came to be. Although the concept for the whole business was supplied by Nathaniel B. Wales and Alfred Mellowes, the two suffered a capital deficit needed to get the business off the ground. William C. Durant of General Motors fame then swept in to the rescue! The economic legend backed their business, allowing the pair to elevate it to its current reputation. The White Sewing Machine Company took control in 1979, but then in 1986, Electrolux from Sweden’s world of the business purchased it. Frigidaire still maintains its place as a subsidiary of this business, an incredible position for everyone involved.
Frigidaire
