Category Archives: Manufacturing

BSH new Mexico factory

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BSH Opens First Refrigeration Factory in Mexico

State-of-the-art production facility starts operations in Monterrey, Nuevo Leon, after 18 months of construction
Home appliance manufacturer produces large double-door refrigerators for the North American market
BSH is investing around 220 million euros and plans to create around 1,500 skilled jobs in the region with the factory
Europe’s leading home appliance manufacturer, BSH Hausgeräte GmbH, is expanding its global production network and will be manufacturing in Mexico into the future. In Monterrey, in the state of Nuevo Leon, large double-door, so-called French Door Bottom Mount refrigerators are now coming off the production line. The appliances produced under the Bosch and Thermador brands are specially tailored to the needs of consumers in the North American market.

Electrolux returns to profit but no rebound expected at year-end

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The Group’s losses in the US have been reduced but the market in Europe is still weak with the sole exception of Built-in Electrolux’s turnover increased 7% in the second quarter, from SEK 32.6 billion to SEK 33.8 billion (EUR 2.91 billion), “driven by higher volumes in all business areas”, the company said in a statement.

The Swedish group revises its operating profit: 0.42 billion crowns (36 million euros) corresponding to a margin of 1.2% which becomes 0.52 excluding non-recurring items. What happened? On the one hand, the cost measures are starting to be felt and have contributed 300 million crowns, on the other hand, the loss of the activities in North America has significantly reduced. Latin America has developed strongly but in Europe the market is still weak with the sole exception of Built-in .all is well? Not quite: CEO Jonas Samuelson warns that the group has “ revised the outlook for market demand in Europe, Asia-Pacific for the full year 2024 from neutral to negative  we expect a negative price trend for the full year 2024, with a negative impact also on the second half. Increasing investments in marketing to capitalize on the momentum of our attractive product offering are producing good returns and, as in the second quarter, we plan to increase investments in innovation and marketing in the second half of 2024. ”

Miele celebrities 125 Years

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July 1899, Carl Miele Sr. and Reinhard Zinkann registered their new company Miele & Cie. with the vision of making better products rather than cheaper ones. This commitment to ‘Immer Besser’ has guided Miele through 125 years of remarkable achievements.

Starting in a small factory in Herzebrock with just 11 employees and a cream separator as the first product, we launched our first round wooden tub washing machine, the ‘Meteor’, just two years later. In 1907, Miele moved to Gütersloh, where Miele continued to expand their innovative product range and workforce.

Today, Miele is one of Germany’s most respected brands, employing over 22,000 people in 49 countries. Our journey has been marked by many successes and pioneering milestones, as well as challenges and bold decisions that have shaped the company.

From early social responsibility and initiatives such as a company health insurance fund in 1909, to leading the way in environmental sustainability and winning the German Sustainability Award in 2014 and 2023 – Miele has always pushed the boundaries.  risen from a manufacturer of cream seperators and butter churns to a world leader in premium kitchen, laundry, floorcare and medical appliances.

Bosch weighs offer for appliance maker Whirlpool,

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German engineering group Robert Bosch is weighing a bid for US appliances manufacturer Whirlpool, (WHR) according to three people familiar with the matter, a move that would boost its position in the household appliances market.

Bosch has been talking to potential advisers about the possibility of making an offer for Whirlpool, which has a market capitalisation of about $4.8 billion, one of the sources said.Bosch weighs offer for appliance maker Whirlpool,potential acquisition could significantly enhance Bosch’s position in the household appliance market, especially as competition with Asian rivals intensifies12. Whirlpool, founded in 1911, produces a wide range of home appliances, including refrigerators, microwaves, washing machines, dryers, and small kitchen appliances. The company has undergone restructuring, folding its European business into a new company controlled by Turkish rival Arcelik and divesting its Middle Eastern and African operations.
While it remains uncertain whether Bosch will make an official offer, the move aligns with Bosch’s strategy to expand its unit that manufactures large home appliances. If successful, the acquisition could reshape the landscape of the industry and potentially impact Benton Harbor, where Whirlpool’s headquarters are located.

Askoll China Enhances Facility and Expands Product Range

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Askoll China recently completed the relocation of its facility to a more modern and efficient location. With a 30% increase in production capacity, the company is now poised to expand its product range, including high-efficiency BPM motors and fan solutions for the local market. Strategically situated in the economic heart of Qingdao, our new facility will meet customer needs more quickly and efficiently while maintaining our high quality standards. This milestone reflects our commitment to proactively address market challenges and foster continued growth in the sector.

Jonas Samuelson will leave Electrolux Group

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Jonas Samuelson will leave the position as President & CEO of Electrolux Group on January 1, 2025. “I have had the privilege – Samuelson comments – to serve for what will become nine years as President & CEO, so I felt that early next year is a good time to hand over to a successor who can put all energy into leading this great company into the next phase during the coming years.

With SteelcoBelimed Miele is taking medical technology to the next level

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Responsible authorities have approved the merger

The new company is one of the largest players on the global market

With four production sites, SteelcoBelimed will meet growing demand

There is a new player on the market for cleaning, disinfection and sterilization solutions for hospitals and the pharmaceutical industry: SteelcoBelimed. The joint venture, which has emerged from the Miele group company Steelco and the Metall Zug companies Belimed Infection Control and Belimed Life Science, is now starting operations under the brand SteelcoBelimed.

This follows the approval of the joint venture by the responsible authorities. Miele holds 67 % and Metall Zug 33 % of SteelcoBelimed via a holding company based in Zug, Switzerland. The declared aim of the Gütersloh-based family company is to significantly expand the business for commercial products and applications. “The Professional business of Miele is increasing its turnover share both organically and inorganically, from less than 15% a few years ago to more than 20% including the joint venture. It has become an indispensable pillar for our group in addition to our business with household appliances, given the growth opportunities, the innovation and technology focus and its different economic cycles”, explains Dr Axel Kniehl, Executive Director of Marketing & Sales at Miele and responsible board member of the Professional Business Unit.

The market for medical technology products is constantly growing, as well as the number of medical interventions. As a result, more instruments need to be reprocessed. The same applies to the pharmaceutical industry with a strong demand for new products and customer orientated solutions for a secured production environment.

SteelcoBelimed manufactures at four production sites: two in Italy, one in Switzerland and one in Slovenia. The joint venture combines the people, the strength, expertise and resources of both companies to create an innovative enterprise in the hospital/Infection Control sector and in the pharmaceutical/Life Science industry. The new company will benefit from a broad portfolio of appliances, digital solutions and fast innovation cycles.

Arçelik publishes its Sustainability Report

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Arçelik’s commitment to sustainability is evident under the leadership of CEO Hakan Bulgurlu, a prominent figure in the global climate change dialogue. The group’s newly released Sustainability Report reflects this dedication, especially following the strategic acquisition of Beko Europe, which has positioned Arçelik as Europe’s leading brand.

The company’s “In Touch with Technology” approach is built on three foundational pillars: In Touch with the Planet, In Touch with People, and In Touch with Business. Arçelik pledges to uphold high reporting standards and maintain open and honest communication with stakeholders annually.

The 2023 Sustainability Report showcases Arçelik’s achievements throughout the year and outlines the roadmap for reaching its objectives and adding value for its stakeholders. The report provides a comprehensive overview of the company’s sustainability agenda, targets, and advancements, along with other key ESG metrics. The data and insights presented pertain to the operational period from January 1, 2023, to December 31, 2023, unless stated otherwise.https://www.bekocorporate.com/en/sustainability-report-2023/overview/

Vestel Ranks Among Turkey’s Top Three Most Valuable Brands

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Vestel, a significant home appliance manufacturer operating in Turkey, has once again demonstrated its growing market influence by securing a spot among the top three in the Brand Finance study titled ‘Turkey’s Most Valuable Brands’. According to the 2023 results, the company has achieved a brand value of $917 million.

Duygu Badem Uylukcuoglu, the General Manager of Marketing at Vestel, highlighted the company’s pride in its export success, with products reaching 163 countries worldwide. The firm is focused on enhancing user experience through innovative designs and technologies, aligning with its vision to be a global technology company. Uylukcuoglu expressed, “Our experience-focused approach, the sports sponsorships we are proud to pioneer in Turkey, and our corporate social responsibility efforts work towards a more equitable future.”