Electrolux, a maker of household appliances and, like Saab, part of the Swedish Wallenberg family's industrial empire, is a big investor in Hungary.
After the war, the family moved to the United States, where they worked to recover a sense of normalcy and Miki worked as a maker of orthopedic appliances.
Panasonic, a maker of domestic appliances, has rolled out a string of new products, including foot heaters and lightweight vacuum cleaners.
Maytag, a maker of home appliances, is cutting jobs in the state and is moving a big factory in neighbouring Illinois to Mexico.
The billionaire investor alleged he had received fraudulent advice from the bank about the finances of Sunbeam, a maker of household appliances that eventually went bankrupt.
Bosch-Siemens, a maker of electrical appliances with a huge plant in Stuttgart, was hit, along with Alsthom Power Generation, five aluminium companies, and Varta, a big battery maker.
In the shadow of Unocal a much smaller but equally fierce struggle has been taking place, for Maytag, a maker of household appliances whose brands including Hoover in America have a sentimental place in American life.
We were so used to thinking that we are the best, we are a blue-chip, so the customers would have to pay our price, recalls Sudhir Trehan, managing director of Crompton Greaves, a maker of electrical appliances and power equipment.
Electrolux, a maker of household appliances, said first-quarter profit fell 57percentt because of a $127 million charge to close an American factory and as sales declined for a ninth quarter.
Salton Inc., a maker of household appliances, said yesterday that it would lay off 470 employees at a toaster and toaster oven plant in Missouri in an effort to cut costs.
