Amana Corporation

Last updated

Amana Corporation
Company type Subsidiary
Founded1934;90 years ago (1934)
Headquarters Benton Harbor, Michigan, U.S.
Products Appliances
RevenueDecrease2.svg US$19.72 billion [1]  (2022)
Number of employees
2,500
Parent
Website amana.com

The Amana Corporation is an American brand of household appliances. It was founded in 1934 by George Foerstner as the Electrical Equipment Co. in Middle Amana, Iowa, to manufacture commercial walk-in coolers. The business was later owned by the Amana Society and became known as Amana Refrigeration, Inc. [2] It is now owned by the Whirlpool Corporation. [3] Today, the Amana brand is marketed as the economy brand of Whirlpool Corporation, slotting below Whirlpool in the lineup. Its closest competitor in the United States is the Hotpoint brand owned by GE Appliances/Haier.

Contents

History

In 1947, Amana manufactured the first upright freezer for the home, and in 1949 it added a side-by-side refrigerator. [4] In 1950 the company was sold to a group of investors, including its founder, and became Amana Refrigeration, Inc. [5]

In 1954, it began making air conditioners. [6] Amana was acquired in 1965 by Raytheon, [7] which had invented the microwave oven in 1947, and introduced the commercial Radarange Model 1611 in 1954. [5] In 1967, Amana introduced a consumer model of the Radarange, the first popular microwave designed for home use. [4]

In 1997, the company was purchased by Goodman Global (now part of Daikin North America), a heating-and-cooling manufacturer which sold it to Maytag (now part of Whirlpool) in 2002. [2] Goodman still owns Amana's air conditioner and furnace division, and Amana home appliances are now owned and manufactured by the Whirlpool Corporation. [3] Amana Under Counter Wine was spun off and is now marketed under the Aficionado marquee. [5]

Amana has since expanded into manufacturing a variety of other appliances, including furnaces, ovens, countertop ranges, dishwashers, and clothes washers and dryers. Whirlpool manufactures products under the Amana, JennAir, KitchenAid, Maytag and Whirlpool name at their factory in Amana, Iowa. The plant, in operation since 1940, was sold in October 2020 to Wramia001, a Chicago-based limited liability company. The company has a long-term lease agreement. [8]

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References

  1. ↑ "Whirlpool (WHR) – Revenue" . Retrieved February 24, 2024.
  2. 1 2 "Amana Milestones". Appliancedesign.com. Archived from the original on October 30, 2010. Retrieved August 1, 2002.{{cite web}}: CS1 maint: unfit URL (link)
  3. 1 2 "Amana". Whirlpool Corporation. Archived from the original on February 20, 2020. Retrieved May 30, 2020.
  4. 1 2 "Amana Brand History". Amana. Archived from the original on September 26, 2020. Retrieved May 31, 2020.
  5. 1 2 3 "Amana Products". Dovel Refrigeration. Archived from the original on June 27, 2020. Retrieved May 31, 2020.
  6. ↑ "Amana Air Conditioner Reviews". The Daily Thrive. Retrieved July 14, 2020.
  7. ↑ "A Brief History of Amana Corporation". Heating and Air Wholesale. Retrieved May 31, 2020.
  8. ↑ Ford, George (December 15, 2020). "Whirlpool sells Amana plant for $92.6 million". The Gazette. Archived from the original on September 23, 2021. Retrieved September 22, 2021.
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