Cleaning Up At Whirlpool
On Jan. 1, 2009, Whirlpool corp. Chairman and CEO Jeff Fettig told its 70,000 employees that economic forces had placed the home appliances manufacturer in the weakest position he could remember. By the end of 2009, the $17 billion giant, the leader in its space against brands that include Electrolux and GE, produced a 9% sales growth and now projects another 6.9% increase in 2010.