Whirlpool Corp. recently announced that it has completed its purchase of American Dryer Corp. The acquisition gives Whirlpool’s commercial laundry business a platform to reach new countries and channels, according to the Michigan-based manufacturer.
“Acquiring ADC strengthens our commitment to the commercial laundry industry and is aligned to our objectives of driving growth in adjacent businesses,” said Jeff M. Fettig, Whirlpool’s chairman and CEO. “We believe this investment nicely complements our leadership position in the overall laundry category.”
“Our Maytag and Whirlpool brands have a strong heritage in commercial laundry,” noted Brett Dibkey, vice president, North American Integrated Business Units. “The addition of ADC is yet another step toward our goal of building the industry’s best, most reliable full line of commercial laundry equipment.”
Whirlpool Corp. anticipates the integration of ADC to take place throughout the balance of 2015.
American Dryer Corp. – headquartered in Fall River, Mass. – is home to approximately 230 employees, a 300,000-square-foot manufacturing facility, and state-of-the-art engineering and design center. This facility is expected to become a valuable part of the Whirlpool manufacturing portfolio, which spans 14 locations across North America.
