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Sunday, January 31, 2010

Samsung

The Samsung Group is a multinational conglomerate corporation headquartered in Samsung Town, Seoul, South Korea. It is the world's largest conglomerate by revenue with an annual revenue of US$173.4 billion in 2008 and is South Korea's largest chaebol. The meaning of the Korean hanja word Samsung is "tristar" or "three stars".

The Samsung Group is composed of numerous international affiliated business, most of them united under the Samsung brand including Samsung Electronics, the world's largest electrocnics company, Samsung Heavy Industries, the world's second largest shipbuilder and Samsung C&T, a major global construction company. Samsung has been the world's most popular consumer electronics brand since 2005 and is the best known South Korean brand in the world. Samsung Group accounts for more than 20% of South Korea's total exports and is the leader in many domestic industries, such as the financial, chemical, retail and entertainment industries. The company's strong influence in South Korea is visible throughout the nation, which has been referred to as the "Republic of Samsung"

Samsung Group accounts for more than 20% of South Korea's total exports[10] and in many domestic industries, Samsung Group is the sole monopoly dominating a single market, its revenue as large as some countries' total GDP. In 2006, Samsung Group would have been the 34th largest economy in the world if ranked, larger than that of Argentina. The company has a powerful influence on the country's economic development, politics, media and culture, being a major driving force behind the Miracle on the Han River; many businesses today use its international success as a role model. Click here for some Samsung products.

Tuesday, January 26, 2010

Pyrex

Pyrex is a brand name for glassware, introduced by Corning Incorporated in 1915. Originally, Pyrex was made from thermal shock resistant borosilicate glass. In 1998, Corning sold its consumer products division which subsequently adopted the name World Kitchen. Pyrex kitchen glassware manufactured and licensed for sale in the United States is now made of tempered soda lime glass at the World Kitchen facility in Charleroi, Pennsylvania. Pyrex products for the European Union continue to be made of borosilicate glass in France. Pyrex laboratory glassware is also still made of borosilicate glass.

According to Carroll Gantz, Dr. Jesse Littleton of Corning discovered the cooking potential of borosilicate glass by presenting his wife with a makeshift casserole dish made from a cut down Nonex (a low expansion glass developed in 1908 by Dr. Eugene Sullivan) battery jar. Corning went on to remove lead from the formula, and Pyrex was born.

Though borosilicates had been produced before the Pyrex brand, the name Pyrex is widely used as a genericized trademark for the material. The brand in Europe, the Middle East and Africa is currently owned by ARC International who acquired the European business in early 2006 from Newell Rubbermaid who in turn had acquired it from Corning in the 1990s.
Click here for some Pyrex products.

Saturday, January 23, 2010

Pioneer

Pioneer Corporation is a multinational corporation that specializes in digital entertainment products, based in Tokyo, Japan. The company was founded in 1938 in Tokyo as a radio and speaker repair shop. Today, Pioneer is well-known for technology advancements in the consumer electronics industry.
Pioneer played a role in the development of interactive cable TV, the Laser Disc player, the first automotive Compact Disc player, the first detachable face car stereo, Supertuner technology, DVD and DVD recording, plasma display, and Organic LED display (OLED). The company works with optical disc and display technology and software products and is also a manufacturer. Sharp Corporation took a 14% stake in Pioneer in 2007.

On February 12, 2009, Pioneer announced it plans to cease manufacture of television sets by March 2010. On June 25, 2009, Sharp Corporation agreed to form a joint venture on their optical business to be called "Pioneer Digital Design and Manufacturing Corporation".
Click here for some Pioneer products.

Friday, January 22, 2010

Panasonic

Panasonic Corporation, is a Japanese multinational corporation headquartered in Kadoma, Osaka, Japan. Its main business is in electronics manufacturing and it produces products under a variety of names including Panasonic and Technics.
Since its founding in 1918, it grew to become the largest Japanese electronics producer. In addition to electronics, Panasonic offers non-electronic products and services such as home renovation services. Panasonic was ranked the 89th-largest company in the world in 2009 by the Forbes Global 2000 and is among the Worldwide Top 20 Semiconductor Sales Leaders.

In 1927, the company founder adopted a brand name "National"for a new lamp product, knowing "national" meant "of or relating to a people, a nation." In 1955, the company labeled its export audio speakers and lamps "PanaSonic", which was the first time it used its "Panasonic" brand name.

In May 2003, the company put "Panasonic" as its global brand, and set its global brand slogan, "Panasonic ideas for life." The company began to unify its brands to "Panasonic" and, by March 2004 replaced "National" for products and outdoor signboards, except for those in Japan.
On January 10, 2008, the company announced that it would change its name to "Panasonic Corporation" (effective on October 1, 2008) and unify "National" in Japan to its global brand "Panasonic" (by March 2010). The name change was approved at a shareholders' meeting on June 26, 2008.
Panasonic was founded in 1918 by Konosuke Matsushita first selling duplex lamp sockets.
In 1961, Konosuke Matsushita traveled to the United States and met with American dealers. Panasonic began producing television sets for the U.S. market under the Panasonic brand name, and expanded the use of the brand to Europe in 1979.
The company used the National trademark outside of North America during the 1950s through the 1970s. It sold televisions, radios, and home appliances in some markets. The company began opening manufacturing plants around the world. It quickly developed a reputation for well-made reliable products.
The company debuted a hi-fidelity audio speaker in Japan in 1965 with the brand Technics. This line of high quality stereo components became worldwide favorites. The most famous product still made today is the SL-1200 record player, known for its high performance, precision, and durability. Throughout the 1970s and early 1980s, Panasonic continued to produce high-quality specialized electronics for niche markets, such as short-wave radios, and developed a successful line of stereo receivers, CD players, and other components

In November 1999, the Japan Times reported that Panasonic planned to develop a "next generation first aid kit" called the Electronic Health Checker. At the time, the target market was said to be elderly people, especially those living in rural areas where medical help might not be immediately available, so it was planned that the kit would include support for telemedicine. The kits were then in the testing stage, with plans for eventual overseas distribution, to include the United States.
In recent years the company has been involved with the development of high-density optical disc standards intended to eventually replace the DVD and the SD memory card.
On January 19, 2006 Panasonic announced that, starting in February, it will stop producing analog televisions (then 30% of its total TV business) to concentrate on digital TVs.

On November 3, 2008 Panasonic and Sanyo were in talks, resulting in the eventual acquisition of Sanyo. The merger is to be completed by September 2009, and will result in one mega-corporation with revenues over ¥11.2 trillion (around $110 billion). As part of what will be Japan's biggest electronics company, the Sanyo brand and most of the employees will be retained as a subsidiary
Click here for some Panasonic Products.

Sunbeam

Sunbeam Products is an American brand that has produced electric home appliances since 1910. Their products have included the Mixmaster mixer, the Sunbeam CG waffle iron, Coffeemaster (1938–1964) and the fully-automatic T20 toaster

Sunbeam bought out the Rain King Sprinkler Company and produced one of the most popular sprinkler lines of the 1950s and 1960s. Meanwhile, Sunbeam continued to expand outside of Chicago. By the end of the 1970s, as the leading American manufacturer of small appliances, Sunbeam enjoyed about $1.3 billion in annual sales and employed nearly 30,000 people worldwide. In 1981, after Sunbeam was bought by Allegheny International Inc. of Pittsburgh, its Chicago-area factories were closed and the headquarters moved from the Chicago region

Sunbeam went into decline through the 1990s and professional downsizer Albert J. Dunlap was recruited to turn the company around in 1996. In 1996 and 1997, Sunbeam reported massive increases in sales for its various backyard and kitchen items, but the sudden surge in demand for barbecues didn't hold up under scrutiny. An internal investigation revealed that Sunbeam was actually in severe crisis, and that Dunlap had encouraged violations of accepted accounting rules. Dunlap was fired, and under CEO Jerry W. Levin the company filed for Chapter 11 bankruptcy protection in 2001

Soon after Sunbeam filed for bankruptcy, the U.S. Securities and Exchange Commission (SEC) sued Dunlap and four other Sunbeam executives, alleging that they had engineered a massive accounting fraud. The SEC said $60 million of Sunbeam's supposed record $189 million earnings for 1997 were the result of fraudulent accounting. It also said that Dunlap had falsely created the impression of massive losses in 1996 to make it look like Sunbeam had made a dramatic turnaround the next year. Along with Dunlap and several other officers, the SEC also sued Phillip Harlow, at Sunbeam's accounting firm, Arthur Andersen. Dunlap was ultimately banned from ever serving as an officer or director of a public company again.

In 2002, Sunbeam emerged from bankruptcy as American Household, Inc. (AHI), a privately-held company. Its former household products division became the subsidiary Sunbeam Products, Inc.
AHI was purchased in September 2004 by the Jarden Corporation, of which it is now a subsidiary.
Click here for some Oster/Sunbeam products.

Saturday, January 16, 2010

Mr. Coffee

Mr. Coffee is an automatic-drip kitchen coffee machine that was popular in the 1970s and 1980s. Its advertising spokesman was former baseball player Joe DiMaggio. The device was invented by Edward Able.

Introduced in 1972, Mr. Coffee was the first drip coffee maker made available for home use. Prior to the introduction of Mr. Coffee, most coffee prepared at home was made by a percolator, either on a stovetop or plugged directly into a wall socket. Percolators allowed brewed coffee to come into direct contact with heat, resulting in an inferior, burned beverage.

In 1995, a variation was produced by the same company for tea called "Mrs. Tea". The machine differed from Mr. Coffee only in detail as the drip process works equally well for tea as for coffee, although the result is often a darker, samovar type of tea.

Click here for Mr. Coffee machine.

Thursday, January 14, 2010

Maytag

Maytag Corporation was a $4.7 billion home and commercial appliance company, headquartered in Newton, Iowa from 1893 to 2006, and now part of the Whirpool Corporation.
The Maytag Washing Machine Company was founded in 1893 by businessman Frederick Maytag. In 1925, the Maytag Washing Machine Company became Maytag, Inc. During the Great Depression of the 1930s, the company was one of the few to actually make a profit in successive years. At his father's death in 1940, Fred Maytag II, grandson of the founder, took over the presidency. During World War II, the company participated in war production by making special components for military equipment. In 1946, production of washing machines was resumed; in 1949, the first automatic washers were produced in a new purpose-built plant. In 1946, Maytag began marketing a separate line of ranges and refrigerators made by other companies under the Maytag name. During the Korean War, the company again produced parts for military equipment, although washing-machine production continued. During the 1950s, the 'white goods,' or laundry appliance industry grew rapidly. Maytag first entered the commercial laundry field at this time, manufacturing washers and dryers for commercial self-service laundries and commercial operators. In response, other full-line appliance producers began to compete with Maytag in the white-goods consumer market. These included 'full-line' manufacturers such as General Electric, Whirlpool, and Frigidaire, who built not only washing machines and dryers, but also refrigerators, stoves, and other appliances. Since Maytag was much smaller than the full-line producers, the company decided to limit itself to the manufacture of washers and dryers, alongside ovens and refrigerators built by other companies, as a niche-market, premium-brand manufacturer. The company capitalized on its reputation by renaming its corporate address in Newton, Iowa, "One Dependability Square."

By 1960, Maytag had ceased marketing ovens and refrigerators, but later began once again to expand into kitchen appliances with its own design of portable kitchen dishwasher and a line of food-waste disposers. Upon the death of Fred Maytag II, the last family member involved in the company's management, E. G. Higdon was named president of the company, with George M. Umbreit becoming chairman and CEO. By the late 1970s, over 70 percent of U.S. households were equipped with washers and dryers, and with approximately 18,000 employees worldwide, the company was established as a dominant manufacturer of large laundry appliances. After the company's acquisition of Magic Chef, Inc., in 1986, a move which nearly doubled its size, the company acquired a new corporate name, the Maytag Corporation.

On April 1, 2006, the Whirpool Corp. completed its acquisition of Maytag Corporation. In May 2006, Whirlpool announced plans to close the former Maytag headquarters office in Newton, as well as laundry manufacturing plants in Newton, Iowa; Herrin, Illinois; and Searcy, Arkansas, by 2007. Following the Maytag closure, all administration will be in Whirlpool's headquarters in Benton Harbor, Michigan. The Maytag name will still be used on rebranded Whirlpool appliances. Most Maytag employees were terminated, and some were offered jobs in Benton Harbor. The board of directors of Maytag all received five years' severance pay. Former chairman and CEO, Ralph F. Hake, received two years' base salary and two years' target bonus under his severance agreement.

Click here for some Maytag products.

Tuesday, January 12, 2010

LG

The LG Group is South Korea's third largest conglomerate that produces electronics, chemicals, and telecommucations products and operates subsidiaries like LG Electronics, LG Telecom, and LG Chem in over 80 countries. LG is the world's leading producer of mobile handsets, flat panel TVs, air conditioners, front-loading washing machines, optical storage products, DVD players and home theater systems. LG Electronics Mobile Communication Company (LG) is a leading producer of mobile handsets. LG creates handsets that provide optimized mobile experience to customers around the world with its cutting-edge technology and innovative handset design capabilities. With advanced wireless solutions, LG is rapidly expanding its presence and market share globally.

LG Groupfounder Koo In-Hwoi established LG Chemical Industrial Corp. in 1947. In 1952, LG Chem became the first Korean company to enter the plastics industry. As the company expanded its plastics business, it established Gold Star Co., Ltd., (currently LG Electronics Inc.) in 1958.

In 1959, Goldstar produced South Korea's first radio. Many consumer electronics were sold under the brand name GoldStar, while some other household products (not available outside South Korea) were sold under the brand name of Lucky.

In 1995, so as to better compete in the Western market, the company was renamed "LG", the abbreviation of "Lucky GoldStar". More recently, the company associates its tagline "Life's Good", with the letters LG. Since 2009, LG also owns the domain name LG.com. It is now in the VB.com Internet Hall of Fame among 59 large corporations to own a two letter domain name.

Since 2001, LG has two joint ventures with Royal Philips Electronics: LG Philips Display, and LG Philips LCD, but Philips sold off its shares in late 2008. . LG has a joint venture with Hitachi, Hitachi-LG Data Storage, which manufactures optical data storage products like DVD-ROM drives, CD writers etc. LG has owned the LG Twins baseball club since 1989. LG acquired American television manufacturing company, Zenith in 1999
Click here for some LG products.

Saturday, January 9, 2010

Lenox

Lenox is a manufacturer of porcelain and collectibles, and the only manufacturer of bone china based in the United States.

Lenox was founded in 1889 by Walter Scott Lenox as Lenox's Ceramic Art Company, Trenton, New Jersey. From the start it was organized as an art studio and not as a factory. It did not have full lines of ceramics but rather one-of-a-kind artwares. The company at first had just eighteen employees. Their products were carried in exclusive shops specializing in high quality pottery. Lenox's work showed up at Smithsonian Institution as early as 1897. Lenox china became popular in the early 20th century when separate dining rooms and hostess parties became the new trend.

Lenox then started making custom designed elaborately decorated dining plates. He had European competition but had his plates decorated artfully by such American artists as William Morley. He gained success at this and eventually turned his attention to complete sets of dinnerware. In 1906 he changed his firm's name from the Ceramic Art Company to Lenox Incorporated to show the widing scope of his products.

Two of the first patterns Lenox produced came out in 1917, the Ming and Mandarin, which were eventually manufactured for over fifty years. Lenox products also became well known thanks to Frank Graham Holmes, chief designer from 1905 to 1954 and who won several artistic awards such as the 1927 Craftsmanship Medal of the American Institute of Architects and the 1943 silver medal of the American Designers Institute. Of the afore mentioned, 34 Lenox pieces were chosen for display in 1928 by the elite National Museum of Ceramics in Sevres, France-the only American porcelain to receive this honor.

The traditional European system of selling fine china is the purchase of an entire service set at significant cost. The Lenox company broke away from this tradition in the 1950s. They could then reach the budget of the average family which expanded their marketplace worldwide. Lenox offered for sale to the average family five-piece complete place settings, three-piece-buffet/place settings and individual tableware pieces. Lenox was the first company to develop a bridal registry.

Lenox company initiated an acquisitions program in the 1960s to diversify. They first purchased work of America's oldest and best-known crystal glassblowing firm, Bryce Brothers. During the 1970s they continued by purchasing Hartmann Luggage and Athalon Products. In 1983, Lenox was acquired by Brown Forman company. Brown-Forman acquired Dansk International Designs and its Gorham Manufacturing Company division in 1991, which were incorporated as part of Lenox. James E. Solomon, then 36 years old, was appointed as president of the newly-combined company, having previously been a general manager of a company that manufactured children's athletic shoes. Solomon succeeded Richard Ryan, who had presided for five years in a period in which the company expanded significantly.

Brown-Forman later sold its Lenox division as part of a plan to refocus the company on its wine and spirits production. The income generated by the sale was distributed to the shareholders in the form of a one time special dividend. In 2005, Lenox was acquired by Department 56 for about $204 million. Department 56, which has since changed its corporate name to Lenox, took on substantial debt at the time.

On November 24, 2008 Lenox filed for Chapter 11 Bankruptcy Protection.
Click here for some products of Lenox Company.

Thursday, January 7, 2010

KitchenAid

KitchenAid is a home appliance brand owned by Whirlpool Corporation. The company was started in 1919 by The Hobart Corporation to give restaurants a countertop alternative to their industrial sized mixers. The first model weighed 69 lbs. Each unit is still assembled by hand in Greenville, Ohio. The mixer is one of the only consumer appliances trademarked specifically for its unique shape.

The company was acquired by Whirlpool Corporation in 1986. Kitchen Aid is now upscale division of the Whirlpool Corporation. Kitchen Aid major appliances competes against products from GE Monogram, Fagor, Bosch, and Electrolux.
There is also a line of KitchenAid-branded cookware manufactured under license by Meyer Corporation.
Click here for some KitchenAid products




Tuesday, January 5, 2010

Kenmore

Kenmore Appliances is a brand name of household appliances produced mainly by Whirlpool Corp (and various other manufacturers, such as Panasonic for vacuum cleaners, Electrolux and Mabe Mexico for white goods), sold mainly by Sears, and since 2005 also at Kmart after Sears Holdings Corporation became the parent of Sears and Kmart in the United States.
Recently, more refrigerators are being made by foreign manufacturers Electrolux and LG Electronics. The Kenmore name first appeared in 1927 on a Sears product, the sewing machine.
Kenmore's upscale line of appliances is known as the "Elite" line. Kenmore also has a professional line of appliances called "Kenmore Pro".
Click here for some Kenmore appliances.

Saturday, January 2, 2010

Honeywell

Honeywell is a major conglomerate company that produces a variety of consumer products, engineering services, and aerospace systems for a wide variety of customers, from private consumers to major corporations and
governments.

Honeywell is a Fortune 500 company with a workforce of approximately 128,000, of which approximately 58,000 are employed in the United States. The company is headquartered in Morristown, New Jersey. Its current chief executive officer is David M. Cote. The company and its corporate predecessors were part of the Dow Jones Industrial Average Index from December 7, 1925 until February 9, 2008.

The current "Honeywell International Inc." is the product of a merger in which Honeywell Inc. was acquired by the much larger AlliedSignal in 1999. The company headquarters were consolidated to AlliedSignal's headquarters in Morristown, New Jersey; however the combined company chose the name "Honeywell" because of its superior brand recognition.
Honeywell has many brands that consumers may recognize. Some of the most recognizable products are its line of home thermostats.
Click here for some of the products of Honewell Corporation, Inc.