Fortune names Whirlpool most admired company


Benton Harbor-based Whirlpool makes appliances across all major categories, including fabric care, cooking, refrigeration, dishwashers, countertop appliances, garage organization and water filtration. Courtesy Whirlpool

Fortune Magazine has recognized Whirlpool Corp. as the World’s Most Admired Company in the home equipment and furniture industry sector. It’s the third consecutive year the Benton Harbor-based manufacturer has finished first in the category.

“As the largest and most innovative company in the world with over 102 years of history, it is an honor to once again be named one of Fortune Magazine’s most admired companies,” said Jeff M. Fettig, Whirlpool chairman and CEO, in a statement.

“We are particularly proud of our scores in the management and global competitiveness categories and believe that we are poised for continued success in 2013 — benefitting our consumers, suppliers, employees, shareholders and communities, especially those in which we operate,” added Fettig.

Whirlpool reportedly received its highest scores in people management, quality of management and global competitiveness.

Other companies that also ranked first in their respective industry sectors were Boeing, Nike, Apple, American Express, GE, IBM and Google.

Whirlpool had annual sales of approximately $18 billion in 2012. The company employs 68,000 and has 65 manufacturing and technology centers around the world. Whirlpool manufactures and markets home appliances and offers such brand names as Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana and others. Whirlpool shares are traded on the New York Stock Exchange under the symbol WHR.

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