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Whirlpool Corporation

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Whirlpool Corporation
On page 67, our book defines a corporation as a business whose identity in the eyes of the law is distinct from the identity of its owners. With corporations comes limited liability, which is when the owners are not responsible for the debts of the corporation. Our book defines a multinational business as a firm that owns and operates producing units in foreign countries (pg 68).
Once, Whirlpool Corporation was a true corporation. Today Whirlpool, according to their website, has 70 manufacturing and technology research centers throughout the world in 2014. I would consider Whirlpool a multinational business now. Their world headquarters are located in North America. Here at home, they represent the brand Whirlpool, Maytag, KitchenAid, Jenn-Air, Gladiator and others. In Europe, Middle East and Africa Regions the headquarters office located in Italy represents the brands Whirlpool, KitchedAid and Baukchent. The brands in Latin America are Brastemp, Consul and KitchenAid. In just Brazil there are three factories, two administrative offices, four technology centers, three distribution centers and twenty-three laboratories! Nearly 25% of the corpations global sales on made in the Latin America Region. Their final region is Asia which is divided into two headquarters. Asia North offers the brands Whirlpool, Maytag, and Baukencht. Asia South has Whirlpool and KitchenAid brands (Global Locations).
To add to their global dominance in the appliance world, on May 18, 2015 Whirlpool entered into an agreement to acquire the American Dryer Corporation. This will give Whirlpool’s commercial laundry business the opportunity to reach new markets and channels. Whirlpool has evolved a lot in the past one-hundred plus year. They are now in more than 170 countries in the world. Whirlpool began in 1908 when Lou Upton invested his savings in a venture to...

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