September 8, 2014

Electrolux agreed to acquire the appliances business of General Electric for a cash consideration of $3.3 billion.

The announcement was made early Monday morning. 

According to Electrolux, the deal enhances Electrolux’s position as a global player in home appliances, offering an opportunity to invest in innovation and growth, and is a particularly attractive strategic fit in North America.

November 5, 2013

Beacon Roofing Supply has announced the appointment of Brendan P. Daly as chief supply chain officer and Patrick G. Murphy as EVP business improvement.

September 3, 2013

Lowe’s hired Michael P. McDermott in the newly created position of senior VP and general merchandising manager - building and maintenance. McDermott will be responsible for the Lumber & Building Materials, Millwork, Hardware & Tools and Rough Plumbing & Electrical divisions. He will report to Chief Merchandising Officer Michael A. Jones.

March 15, 2013

In Hartville, Ohio, sits America's largest independent home center at 305,000 sq. ft. In the middle of Hartville Hardware sits a house constructed entirely of U.S.-made products — from the foundation to the sheet rock, paint and appliances.

"There's definitely been an increase in people wanting to buy U.S.-made products," says Howard Miller, president of Hartville Hardware, a member of the Do it Best co-op. "General Electric makes washers and dryers in the U.S. and people love that. They're asking for U.S.-made all the time."

January 25, 2013

Michael Jones comes to the No. 2 home center chain from Husqvarna.

June 7, 2012

GE Monogram will open its second design center in the nation at Chicago’s Merchandise Mart in March 2013. It will be located at LuxeHome, on the ground floor, a boutique showcase for home-building products and kitchen and bath renovations. 

GE opened its first Monogram Design Center in New York City's Architects & Designers Building in 2008. The NYC center has increased share of GE Monogram appliances in the northern region by 50% since it opened.

May 7, 2012

Ken Hannah, a former senior VP at Home Depot, has been named the new CFO at J.C. Penney.

Hannah brings more than 20 years of finance, operations and audit experience from a wide range of companies that include General Electric, Boeing and The Home Depot. He will report to chief operating officer Mike Kramer.

March 5, 2012

Paint manufacturer Valspar has announced that John Wardzel has joined the company as senior VP global operations, reporting to Steven Erdahl, executive VP. In this role, Wardzel will provide executive leadership of Valspar’s global operations and becomes an officer of the company.

February 16, 2012

General Electric has announced that it will hire 5,000 veterans over the next five years, partnering with the U.S. Chamber of Commerce to provide training for the veterans in 50 cities.

February 10, 2012

GE Appliances has opened its GeoSpring Hybrid Water Heater manufacturing facility at Appliance Park in Louisville, Ky. -- the first to open there since 1957. The new product and a revitalized facility, a $38 million investment, is the first of GE’s commitments to invest a total of $1 billion ($800 million in Louisville) and create more than 1,300 new jobs in the United States by 2014.

August 31, 2011

The phaseout of the standard, energy-inefficient incandescent light bulb has caused confusion, controversy and more than a few myths as the 2012 deadline approaches. Thomas Edison’s descendents have even been dragged into the controversy. Separating fact from fallacy is not all that difficult (as long as you steer away from politics). After interviewing manufacturers, retailers and trade organizations involved in the world of light bulb commerce, Home Channel News has put together a list of misconceptions about the upcoming phaseout. 

July 28, 2011

Lowe’s home improvement stores, in partnership with General Electric (GE), will introduce an electric vehicle charging station for home or commercial use at five California stores this August. Following the California introduction, the E WattStation will be available to 60 total stores in September, Lowe’s said, and nationwide through

March 8, 2011

GE Home & Business Solutions announced that Maryrose Sylvester has been named president and CEO of GE Lighting, a global industry leader in lighting, systems and services for commercial, industrial and residential use. 

Sylvester, who will report to GE Appliances & Lighting president and CEO James Campbell, succeeds Michael Petras who has led GE Lighting since 2008. Petras is leaving GE to take a position outside of the company.  

February 1, 2011

Home Channel News asked readers if they agreed with the selection of Jeffrey Immelt to lead the President's Council on Jobs and Effectiveness. Here's what we heard.

January 11, 2011

Lancaster, Pa.-based Armstrong World Industries has named Victor "Vic" Grizzle EVP, Armstrong Building Products, starting Jan. 17, 2011. 

January 10, 2011

Minneapolis-based Valspar Corp. has announced the appointment of Cynthia Arnold, Ph.D. as SVP and chief technology officer.

Dr. Arnold will report to William Mansfield, chairman and CEO. In this new role Arnold will lead Valspar’s global technology activities.

October 26, 2010

According to experts quoted in an article on CNET, the future will present a variety...

October 6, 2008

The GE Ecomagination Homebuilder Program was launched in May 2007, aims to help builders and...

October 6, 2008

The GE Ecomagination Homebuilder Program was launched in May 2007, aims to help builders and...

August 4, 2008

China’s largest manufacturer of refrigerators and air conditioners is reportedly eyeing GE’s appliance division....

May 29, 2008

While Lowe’s still plans to open 120 stores this year, the company has opted to...

May 14, 2008

The company reportedly has hired Goldman Sachs to explore options that include a spinoff or...

May 14, 2008

The company reportedly has hired Goldman Sachs to explore options that include a spinoff or...

April 17, 2008

The program combines high-performance products from General Electric, Honeywell, Moen and others with industry-approved green...