GE Appliance Repair in Denton Tx
Looking for a GE appliance repair specialist in Denton Tx? If you need to get in touch with a GE Repair Specialist Company highly recommended by Denton residents, click below book your appointment today! You have to hurry though, their expert services are highly sought after and scheduling might be a challenge.
Click Here for the best Appliance Repair in Denton!
Who makes GE Appliances?
As of June 2016, the appliance division of General Electric was officially purchased by Chinese manufacturer Haier for $5.6, the companies said at a press conference. The acquisition of GE Appliances has made them the largest maker of home appliances in the world, with manufacturing plants in Africa, Europe, the Mideast, India, and many Asian countries.
Haier’s purchase of GE’s Louisville, Kentucky-based appliance division is an assertive attempt to build a stronger presence in the US appliance market. Haier, which is based in Qingdao, China, is the world’s leading appliance manufacturer, but the company only holds 1.1 percent of the US appliance market (US customers might be familiar with the brand’s refrigerators, air conditioners or rolling R2D2 mini-fridge). Meanwhile, GE Appliances claims nearly 14 percent of the same market.
In the short term, people won’t see much of a change as a result of the acquisition, said Chip Blankenship, president and CEO of GE Appliances. The GE name will still appear on appliances, and customers will still receive the same support.
GE Appliances stated in a news release the sale will generate an after-tax gain of approximately $0.20 per share, but the company expects restructuring to offset those gains. When asked about potential layoffs of GE Appliances employees, Blankenship said, “we don’t anticipate any change.”
There’s been talk of GE selling its appliance division for at least eight years. Sweden-based Electrolux came close to buying GE Appliances for $3.3 billion in 2014, but the US Department of Justice objected to the deal last year on the grounds that a merger of two leading manufacturers of cooktops, ranges and wall ovens would reduce competition and options for consumers. GE quickly rebounded with the announcement that it would sell to Haier in January.
Haier was initially set to buy GE Appliances for $5.4 billion, but the price increased by about $200 million because of “increased working capital in the business,” according to GE. GE Appliances currently has 12,000 employees that produce appliances out of Louisville and facilities in Indiana, Alabama, Georgia and Tennessee.
The Haier acquisition also includes GE’s FirstBuild microfactory, a collaborative inventive space that has produced small appliances such as the Opal Nugget Ice maker and the Paragon Induction Cooktop.
Is GE a reliable appliance brand?
Your local appliance repair pro probably knows a thing or two about which brands make the most reliable refrigerators, ovens, dishwashers, washing machines and dryers. So how about asking a few hundred of them?
That’s what a national network of appliance repair technicians called Puls just did, with a new, in-house survey that ranked all of the major brands for things like reliability, value and ease of use.
The top recommended brands overall: Whirlpool, Maytag and KitchenAid, in that order.
“Whirlpool is one of the longest-standing and most well-known brands in the appliance repair industry, and Maytag is now owned by the Whirlpool Corporation, so it’s not a surprise that these two familiar names come out on top for reliability,” the report says. “But perhaps the biggest factor in their top ranking here is that their machines are simpler than some of the newer brands which are considered more modern by consumers.”
Puls says that it has hundreds of appliance repair technicians operating in over 25 major metro areas in the US. The company says that approximately 20% of its technicians completed the survey.
“These skilled technicians have performed tens of thousands of appliance repair jobs in 2019 alone,” Puls adds.
At 32 pages, the report is comprehensive, complete with sub-rankings for specific appliance categories. For instance, top overall finisher Whirlpool led the ranks for refrigerators, washing machines and dryers. Meanwhile, GE was rated as the top-recommended brand for stoves and ovens, and Bosch topped the dishwasher rankings.
Need a GE Appliance Repair Specialist? Click here!