China monitor dome ?

bob_46

GE just sold their appliance division to Haier in China.

JUGHNE

Still have a 1981 GE self defrost fridge in the back room running.
Changed the cond fan motor once , evap blade and changed door gasket. All other still original.
A few years after that GE got into a serious race to the bottom and it looks like they won.

ChrisJ

I thought General Electric sold their appliances division years ago? Anything I ever saw was made by Thompson Consumer unless that was only their electronics.

I've felt they have made nothing but complete junk for many years, including their top of the line stuff. I never wanted anything to do with it. The apartment I lived in for 7 years had all Hot Point stuff that was new in 2004.

There's absolutely no comparison between a 1920s-30s General Electric and anything made after the 1950s and in my opinion reliability started declining after WWII.

My machines are all 1933-34, but I feel reliability and performance peaked around 1935 and held until the early 1940s.

Am I biased? Probably, but using 80+ year old refrigerators that are still reliable does that to a person.

Steamhead

I won't buy GE any more.

KC_Jones

Wow, I might have to sell my stock.

NY_Rob

Here's a pretty good read on it:

http://www.usatoday.com/story/tech/news/2016/01/15/ge-appliances-get-chinese-owner-us-state-mind/78848400/

Fred

I can honestly say I've never owner a GE appliance. Just never seemed to be a quality product (at least not during my adult life).

Solid_Fuel_Man

I have a GE range, 2005 vintage which is made in Mexico.

I have worked on several appliances over the years, and I don't see much difference in any of the brands... a couple of European brands and a Korean brand are different. But I don't know if they are any better of a value when you take into account the upfront cost.

I do love my old Maytag from 1984, but other than heavier steel and porcelain enamel, rather than painted tin. But Maytag took a huge race to the bottom in the 90s too. Now owned by whirlpool, who owns the majority of the appliance brands, hen the similarities.

Refrigerators in general should last 30+ years IMHO. It's all the bells and whistles that will fail, and make the consumer want a new one.

Taylor

John Mills_5

I think Thomson got only TVs. Funny, GE has been making more & more in America including the new Zonelines that had been made in China by Sharp. Hopefully Haier doesn't change that. I have a 20 year old GE dishwasher on its last legs but I hate to get rid of it, it is amazing at cleaning and I refuse to rinse dishes and they can sit a week before running!

hot_rod

A Chinese company owns Milwaukee tool, so far they have been adding new tools almost every month and hiring a lot of new, young talent around the country.
Milwaukee does a ton of counter days around our industry and gave away a truckload of tools at the Uponor event this year.

It may be a better deal for GE employees in the US, if they keep their promise. Better than moving all their jobs to Mexico.

Time will tell, but I would hang onto stock for now.