BENTON HARBOR, Mich. — Whirlpool Corp. announced it has entered into an agreement to sell the company's Embraco compressor business to Nidec Corp. for a cash purchase price of $1.08 billion, subject ...

Brazilian compressor maker Embraco is hiring more temporary employees at its plant in Spišská Nová Ves. It plans to take on around 150 new staffers to work a second shift on its production line making ...

Brussels, February 28 - Brazilian Industry Minister Marcos Jorge de Lima on Wednesday promised European Parliament President Antonio Tajani he would do "all he could" on Embraco's plans to move ...

The word “globalize” certainly applies to the compressor sector of the hvacr industry. Travel to trade shows in Europe and you’ll see compressor manufacturers headquartered in the United States, ...

Whirlpool Corporation WHR has successfully sealed the sale of its Embraco business unit to Kyoto — a unit of Japan-based Nidec Corporation — for $1.08 billion in cash. Notably, Embraco has been ...

Empresa Brasileira de Compressores, the Brazilian refrigeration compressor maker controlled by Whirlpool Corp., plans to invest $90 million in Mexico, president Joao Costa said at an event in Mexico ...

BRAZILIAN company Embraco has opened a global shared services centre in Košice to deal with financial issues as well as human resources. The investment will create around 120 new jobs within a year, ...

Scientists have invented a personal air-conditioning unit that could be fitted into the clothing of everyone from firefighters to Formula 1 racing drivers. Brazilian company Embraco have invented a ...

(Reuters) - Home appliance maker Whirlpool Corp said on Tuesday it agreed to sell its Embraco compressor business to Japan's Nidec Corp <6594.T> for $1.08 billion in cash as it focuses on its consumer ...

A Brazilian manufacturer of fridge compressors has been fined $3 million by the Auckland High Court after setting up an illegal cartel with Panasonic. Following a settlement in October, Empresa ...

Rebecca McClay has 10+ years of experience writing and editing content. Rebecca is an expert in personal finance, business, and financial markets. She received her master's in business journalism from ...

Brussels, February 28 - Brazilian Industry Minister Marcos Jorge de Lima on Wednesday promised European Parliament President Antonio Tajani he would do "all he could" on Embraco's plans to move ...