Electrolux buying GE’s appliance division for $3.3B
The acquisition will boost the Stockholm-based appliance manufacturer’s presence in North America.
GE considers sale of $4B appliance division
In talks with Electrolux and others as it focuses on industrial equipment.
Electrolux oven plant in Tennessee to add 650 jobs by 2019
Company expects to produce up to 600,000 ovens annually at the plant that started production last fall.