BENTON HARBOR, Mich. — Whirlpool Corp. announced it has entered into an agreement to sell the company's Embraco compressor business to Nidec Corp. for a cash purchase price of $1.08 billion, subject ...

Compressors took center stage at the AHR Expo, with new designs for low-GWP refrigerants and advances in efficiency, ...

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in ...

Rebecca McClay has 10+ years of experience writing and editing content. Rebecca is an expert in personal finance, business, and financial markets. She received her master's in business journalism from ...

Whirlpool Corp.WHR-2.03%decrease; red down pointing triangle on Tuesday said it agreed to sell its Embraco compressor business to Japan’s Nidec Corp.6594 4.62%increase; green up pointing triangle for ...

After months of in-depth investigation by the European Commission (EC) and commitments to be met, the Japanese firm Nidec Corporation completed the acquisition of Embraco, a Brazilian producer of ...

Japanese company Nidec can take over Embraco, a producer of refrigeration compressors situated in Spišská Nová Ves (Košice Region). The European Commission has approved the acquisition, but with ...

(Reuters) - Home appliance maker Whirlpool Corp said on Tuesday it agreed to sell its Embraco compressor business to Japan's Nidec Corp <6594.T> for $1.08 billion in cash as it focuses on its consumer ...