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News Breaks | | | | December 19, 2012 | | 14:50 EDT |  | WHR | Whirlpool: Department of Commerce finds foreign manufacturers guilty of dumping
The U.S. Department of Commerce gave its final ruling in a case involving imports of large residential washers from South Korea and Mexico, Whirlpool announced. The DOC concluded that foreign manufacturers, including LG and Samsung, are dumping large residential washers into the U.S. market, violating U.S. and international trade laws. The DOC announced the following dumping margins for South Korean Producers: LG, 13.02%; Samsung, 9.29%; and Daewoo, 82.41%. The DOC announced the following dumping margins for Mexican producers: Samsung, 72.41%; Electrolux, 36.52%; and Whirlpool, 72.41%. Whirlpool said it has discontinued its shipments of washers from Mexico for sale in the U.S.; thus, no cash deposits will be required. In a separate case, the DOC ruled that unlawful subsidies were provided on the same products from South Korea and the DOC determined countervailing duty margins of 72.30% for Daewoo and 1.85% for Samsung, according to Whirlpool. | |
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News For WHR From The Last 14 Days Check below for free stories on WHR the last two weeks. |
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| June 17, 2013 | | 07:05 EDT | | WHR | KitchenAid and SodaStream enter into collaboration agreement
KitchenAid, a maker of premium kitchen appliances and culinary tools and a brand of Whirlpool (WHR) and SodaStream (SODA) announced a collaboration that will introduce a jointly developed home carbonation system to the KitchenAid portfolio. The soda maker is expected to be available at retail in the fourth quarter of 2013. The terms of the deal were not disclosed. | | | June 14, 2013 | | 08:02 EDT |  | WHR | Whirlpool to benefit from Brazil stimulus, says BofA/Merrill
 Subscribe for More Information | | | June 12, 2013 | | 07:22 EDT |  | WHR | Boothroyd Dewhurst to host a forum
28th International Forum on Design for Manufacturing & Assembly is being held in Providence, Rhode Island on June 12-14. | | | June 10, 2013 | | 07:46 EDT | | WHR | Whirlpool could raise FY13 guidance, says Longbow
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