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  1. #14
    Join Date
    Jul 2005
    Posts
    14
    <By the way, LG is a Korean company.>

    That sounds about right.........but it's easy to forget, since every failed part I've taken out of an LG appliance says "Made in China" LOL.


    <The Maytag corporation just licenses its name to Nordyne for heating and cooling products. The products are manufactured and warranteed by Nordyne.>

    <Been putting Maytag in since it came on the market. There is nothing wrong with this product that other products do not have. We have never had a problem with there warranty department paying up.>

    Just curious, so when a dealer sells and installs a Maytag central AC, who does that same dealer submit a possible warranty claim directly to? Nordyne?, Maytag?



  2. #15
    Join Date
    Aug 2003
    Location
    Lincoln, Nebraska
    Posts
    1,051
    The claim actually ends up with equiguard. They are one of the largest warranty insurance companies for HVAC. All warranty claims are done online at the Maytag HVAC sight. All equipment is registered by the dealer online after install. We don't have to deal with the wholesale house to get anything done, except replacement parts. Its been my experience that its usually the wholesale house and not the manufacturer that drops the ball on warranty problems.
    Its a good Life!

  3. #16
    Join Date
    Aug 2002
    Location
    Office and warehouse in both Crystal River & New Port Richey ,FL
    Posts
    18,836
    So the Maytag Warranty is really and Equiguard Extended Warranty?

  4. #17
    Join Date
    Jan 2004
    Posts
    214
    warranties on nordyne products go directly through nordyne. they even have their own in house extended warranty. http://www.nordyne.com you won't find maytag products on nordyne's site. maytag is only available through maytag dealers.

  5. #18
    Join Date
    Jul 2005
    Posts
    12
    The Chinese company interested in buying Maytag is Haier not LG.
    I agree that the license agreement between Nordyne and Maytag would probably not change under any buyout. Again, The Maytag Corporation does not manufacture any AC equipment, Nordyne uses the Maytag name and lots of others.

  6. #19
    Join Date
    Oct 2003
    Location
    Ohio
    Posts
    315
    Originally posted by asi
    The Chinese company interested in buying Maytag is Haier not LG.
    I agree that the license agreement between Nordyne and Maytag would probably not change under any buyout. Again, The Maytag Corporation does not manufacture any AC equipment, Nordyne uses the Maytag name and lots of others.
    Actually Whirlpool is the front runner on buying Maytag at the moment.They are actually going over Maytags books.Just left lunch with my rep and she also isn't worried about any changes.Apparently Nordyne has a 30 year agreement to use the name.

  7. #20
    Join Date
    Jul 2005
    Posts
    14
    <The Chinese company interested in buying Maytag is Haier not LG.>

    Interesting. I've serviced 4 Haier beer chillers (keg-erators) within the past month...........every single one has had a big, fat LG sticker on the compressor.

  8. #21
    Join Date
    Jul 2005
    Posts
    12
    That is interesting about Haier using LG compressors.
    Have you run into or heard anything about Haier residential A/C systems?
    There is a distributor in the Atlanta area pushing the heck out of Haier. They claim their pricing is lower than Goodman's 1994 price.

  9. #22
    Join Date
    Jul 2005
    Posts
    435
    Correction on the trane depending on the units you buy, if you install both airhandler and condensor unit together, you get full 10 year parts warranty on everything

  10. #23
    Join Date
    Jul 2005
    Posts
    435
    Last I saw was Whirlpool is looking to buy Maytag!

  11. #24
    Join Date
    Jul 2005
    Posts
    12
    from Yahoo business:

    BENTON HARBOR, Mich. - Whirlpool Corp.'s top executive fired the first salvo in a possible three-way bidding war for rival Maytag Corp., saying Monday his company's $1.37 billion offer provides the "best opportunity to address Maytag's needs."

    Jeff M. Fettig, chairman, president and chief executive of the nation's largest appliance maker, also expressed confidence that potential antitrust challenges could be surmounted.

    The North American appliance market is "very open and competitive," Fettig said during a teleconference with industry analysts. "The combination would actually improve the competitiveness in our industry by setting higher standards for innovation, efficiency and customer service."

    Whirlpool's $17-per-share offer tops a $14-a-share proposal that the board of Newton, Iowa-based Maytag accepted from an investment group, Triton Acquisition Holding Co., on May 19. A month later, Maytag said it also was considering a preliminary $1.28 billion bid from Chinese appliance maker Haier America, along with Bain Capital and Blackstone Group, that valued Maytag at $16 per share.

    Officials at Maytag, whose brands include Maytag, Amana, Hoover, Jenn-Air and Magic Chef, said in a statement Monday that directors will consider the new bid from Whirlpool. But the company said directors have not changed their recommendation that shareholders approve the proposal from Triton, an entity organized by the New York investment company Ripplewood Holdings LLC.

    Ripplewood spokesman Jeffrey Taufield declined to comment on Whirlpool's offer. Officials at New York-based Haier America could not be reached for comment.

    Maytag, the nation's third largest appliance manufacturer behind Whirlpool and General Electric Co., has been squeezed in recent years by increasing steel and fuel costs, slipping profitability, sliding stock value and intense competition from Asian manufacturers such as LG Electronics and Samsung, both South Korean companies.

    Best Buy dropped Maytag as a major appliance supplier in January, giving the retail floor space instead to brands more popular with customers such as LG, Siemens and Samsung.

    Maytag eliminated 1,100 salaried workers and closed an Illinois refrigerator plant last year. It faces the prospect of closing two more factories the flagship laundry appliance plant in Newton, Iowa, and the Hoover home base in North Canton, Ohio. Maytag CEO Ralph Hake has said they are the highest cost plants and has suggested they could be closed if cost savings are not found.

    Fettig declined to discuss Maytag's manufacturing plants in a conference call with analysts. He said it's too early to discuss such details. However, he did say Whirlpool could help reduce Maytag's costs.

    The proposal "could be an enormously positive deal for both parties, but particularly for Whirlpool," said Laura Champine, an industry analyst with Memphis, Tenn.-based Morgan Keegan & Co. Joining with Maytag would allow Whirlpool to not only get better prices for raw materials but also to combine research and development resources, she said.

    Investors seemed to agree. Maytag's shares rose $2.03, or 13.1 percent, to $17.48 in trading Monday on the New York Stock Exchange, while Whirlpool's shares rose $3.32, or 4.7 percent, to $73.31.

    The Triton offer remains viable, Champine said, adding, "We could still see offers increased by any or all of these three players, and of course this opens the field for another player (to bid for Maytag)."

    But, she said, "If there's a definitive agreement from Whirlpool at $17 before the (Maytag) shareholders' meeting, and if the regulators approve it, I think they'll recommend the Whirlpool deal."

    Whirlpool's offer would include an equal amount of cash and Whirlpool shares, Fettig said, and Whirlpool would assume Maytag's debt of $969 million.

    The Federal Trade Commission declined to comment on whether Whirlpool has filed for approval of the deal. The commission or the U.S. Department of Justice examines any proposed merger valued at $50 million or more.

    Besides needing the approval of regulators and shareholders at both companies, Whirlpool said its proposal is subject to a negotiated merger deal.

    Whirlpool identifies itself in a Securities and Exchange Commission filing as "the leading worldwide manufacturer and marketer of major home appliances." Maytag's 10-K report with the SEC says it is "among the top four major appliance companies in the North American market."

    Whirlpool has annual sales of about $13 billion, 68,000 employees and about 50 factories and research centers worldwide. The company sells Whirlpool, KitchenAid, Brastemp, Bauknecht, Consul and other major brand names in more than 170 countries.

    It also makes Kenmore branded appliances for Sears Holding Co. About 17 percent of its 2004 sales came from Sears, according to the company's 10-K filing with the SEC.

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